The longer the sideways movement lasts, the more brutal the transformation! The main forces are sharpening their knives; retail investors need to brace themselves!

Plain language interpretation of the current market:

Buddhist Bitcoin? A false impression! Right now, BTC is like a sandwich cookie, pressed down by the ceiling of 110500 above and supported by the floor of 107000 below, stuck around 107600-108400, unable to rise or fall; it's very boring.

Bulls and bears are calling each other fools: both the bullish and bearish sides think the other is an idiot, and neither side is willing to back down, resulting in trading volume shrinking like a subway station after the morning rush—no one is playing! Without volume, there’s no big market movement, only retail investors cutting each other.

Indicators show 'lying flat' signals:

The Bollinger Bands are almost squeezing into a line, the middle line looks like a 'dog leash', and the price is rubbing near the leash. *This is usually a precursor to a big move (either a surge or a crash)!

The MACD is even more amusing, the green bars are so thin they’re almost invisible, and the DIF and DEA are lying flat in the negative zone pretending to be dead. The main forces are all waiting for external news to break the deadlock!

There’s a bit too much bad news:

The Fed bigwigs are throwing down the gauntlet again: don't expect interest rate cuts until inflation goes down!

BTC ETF funds have been flowing out for three consecutive days; big money is seeking safety.

On the EU side, the 95 billion tariff aid has also shrunk to 72 billion; it's a delaying tactic.

Tang Seng's viewpoint:

Does it look like it's going to rise in the short term? Beware of 'the wolf is coming'!

Technically, the 1-hour chart shows some support around 107600-108400, and it hasn't collapsed for now. But if it wants to rise, it must quickly and powerfully break through the previous resistance level; otherwise, it's just playing tricks!

Beware of history repeating itself! Think back to early June; it also went sideways for a week, looking like it was about to break through, but then suddenly a big bearish candle smashed through the support, instantly blowing up over 500 million in long positions! The current movement is a miniature version of early June! The main forces are likely building up pressure.

In the current market, it looks calm on the surface, but there are undercurrents! The Bollinger Bands have squeezed into a line, all indicators are lying flat, the news is bearish, and big money is fleeing; the historical lessons are right before our eyes.

Will tonight be a breakthrough takeoff, or a sudden crash? 107600 is the final alarm line! Can your position withstand that midnight 'needle'?

Keep an eye on Tang Seng; the top strategy team monitors the market 24/7, and they won't drop the ball at critical moments!