Cryptocurrency Roller Coaster: The 110,000 mark is stuck tighter than a subway during rush hour; today will either see a surge or a crash! Currently, BTC is hovering around 113,800 USDT, with the 1-hour candlestick resembling a sleepy worm, fluctuating less than 1%. The overhead resistance at 114,000 is solid, while the support at 112,500 acts like a springboard; this position is like an elevator stuck between two floors—neither going up nor down. But don't be fooled by this 'playing dead' market; undercurrents are in motion!

The Silent Battle of Bulls and Bears: 'Silent Killing' Under Indicator Divergence

Bulls are feeling a bit constrained lately: the two lines of the MACD indicator are almost touching, but the golden cross is still not coming, indicating that the bulls are still waiting for a big move. However, the bears are not to be underestimated—Bollinger Bands are narrowing to a suffocating point, and the market makers may be preparing a big play, ready to strike at any moment. More importantly, the RSI value has dropped below 30; historically, this often signals a rebound, but be wary of 'false rebounds in a downtrend.'

Key Signals: Two time windows for market turning points.

  1. US and European Session Turning Point: The Asian session is like a still pond, but after 4 PM Beijing time, US and European capital entering could ignite the market. If it suddenly breaks through 114,000 with significant volume, we may directly look to 115,000; if it falls below the 112,500 support, we are likely to search for buyers at 110,000—however, there are quite a few buy orders below, so if it does reach that point, it may actually be a bottom-fishing opportunity.

  2. Weekly Signal: The BTC weekly MACD is about to form a death cross; once confirmed, it could lead to either a prolonged sideways consolidation like in 2024 or a violent drop like in early 2025. Now stuck at the 110,000 mark, it feels more like 'the calm before the storm.'

Institutional Underflow: Some are secretly increasing their positions, while others are calling for bullish sentiment

Don't be fooled by the stagnant market; institutions are not idle:

  • Strategy holds nearly 630,000 BTC: This big player bought another 430 coins last week, with an average cost of 119,700 USD, clearly betting on the future market.

  • Bernstein's Call: 150,000-200,000 USD: Wall Street brokers directly state that BTC could reach 150,000-200,000 within a year, citing 'supportive US policies + institutional entry' as reasons.

  • Federal Reserve's Softening Stance: Officials like Bowman are starting to support employees holding cryptocurrencies, in plain terms, 'the regulators also need to learn to swim.'

Qingyao Reminder: Altcoins are in a frenzy, but beware of sudden spikes at midnight.

Nearby ETH is rising even more than its big brother, with SOL and BNB also gaining, indicating decent market sentiment. However, the number of longs and shorts on OKEx is decreasing, suggesting retail investors are pulling back; be wary of market makers potentially 'spiking' the market at midnight!

Qingyao's Operation Motto: Watch in the morning, take action in the afternoon.

This market situation feels like simmering a pot of old fire soup—too much heat can burn it, too little makes it tasteless. Recommendation:

  • Short-term Players: Wait for the US and European sessions to gain volume before taking action; if it falls below 112,500, take a light long position, and if it breaks above 114,000, follow the trend and go long.

  • Long-term Players: Place orders in batches near 110,000; buy when it reaches this level, as institutions are propping up the market.

To put it bluntly: BTC is currently stuck at 110,000, just like it was stuck at 10,000 in 2020—many thought it was 'at the peak,' only to see it rise to 60,000 later. Now institutions are secretly increasing their positions, and policies are quietly loosening; what are you waiting for? Follow Qingyao, and let us create a crypto kingdom together! #杰克逊霍尔会议