📊 $BTC – Increased due to dovish signals from Powell
🗓️ Friday, August 22, 2025
📰 Powell signaled that it “may need” to cut interest rates in September → supporting risky assets.
💰 Current price: ~116,453 USDT. Above EMA7 ~115,365 and EMA25 ~116,239; higher than EMA99 ~110,709 → the overall trend is still bullish, after a correction.
📈 RSI around 52–53 slightly leaning bullish; MACD below 0 but narrowing the negative, indicating weakening selling pressure.
📊 Futures: Open Interest increased to ~10.3B USDT; Long/Short ratio across the market decreased to ~1.5 (longs still dominate but less crowded); funding +0.0076% → leaning long, risk of squeeze is not high.
⚡ Basis shifted to contango and widened → positive sentiment has returned.
SMC: Price is in the premium zone below the “weak high” of 124k; there’s FVG/demand D1 around 109–111k and equilibrium ~100–101k. Scenario: could sweep liquidity at 111–112k then challenge back to 124k.
🎯 Preferred trend: LONG 💹 – Probability 62%
📍 Entry (Buy zone): 112,500
🎯 TP1 (Take profit 1): 118,500 ~ +5.33% compared to Entry
🎯 TP2 (Take profit 2): 124,000 ~ +10.22% compared to Entry
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💡 Did you know?
Long/Short Ratio measures the ratio of long positions to short positions. When the index is high but decreasing, the long money is cooling down – the market is less likely to go in the “opposite direction” of the majority. Combine with funding and OI to assess the risk of squeeze.
