Last night's BTC movement resembled a drunken strongman: he stomped on the 5-day moving average, casually smashed the middle line of the Bollinger Bands to bits, and then dove down to 115600, almost creating a pit. After the drop, he woke himself up, rubbed his head, and lay flat around 117400, just short of yelling: 'I'm not falling anymore, I just drank too much.'

The current market is like a tough guy waking up from a drunken stupor; after the emotional outburst, rationality begins to return. A small bullish candle envelops a small bearish candle, as if an invisible hand has presented a signal to stop the decline. Funds are also starting to sneak in, and trading volume is gently bubbling up, as if the market is saying: 'Don't panic, guys are buying the dip below.'

To summarize the current market: the bears have shouted, the bulls have blinked, now let's see who makes the first move.

Good news follows: Trump personally encourages the crypto community!

A key reason the market has stabilized today is that Trump is personally promoting crypto legislation.

He pushed forward three major heavyweight bills in one breath:

Stablecoin legislation GENIUS Act

Market structure regulation CLARITY Act

Opposition to Central Bank Digital Currency (CBDC) Act

These three items were originally delayed due to opposition within the party, but now Trump has stepped in to unify the internal factions, and crypto legislation is officially back on the agenda. This is not mere talk; this is a push at the level of White House meetings.

How to read the market? How to play?

Currently, the technical and news fronts are in resonance, and the signals for BTC to turn bullish are becoming increasingly clear:

Resistance level: 118580 is the key point for whether the short-term can reverse, and it's where the MA20 moving average is. If it can break through, the target will look directly at 121000 or even 122000.

Support level: The key defense is 115600 below; if it fails, we will have to retest the 114600 area.

Trading volume is slowly increasing, and bulls are starting to build momentum in secret.

Operation Suggestion:

Those with light positions can start to test long positions with a stop loss set at 115500. For the more aggressive, you can watch 118580 to see if it can stabilize; once it does, it will be a signal to increase positions.

Summary of viewpoints:

This wave of decline has pretty much bottomed out. Trump's policy push has just become the catalyst for BTC's recovery. We are currently at the starting point of a structural rebound; unless something unexpected happens, the market will feel great tonight.


Can't understand the trend? Can't catch the rhythm? Don't try to tackle it alone, follow me, let the professionals handle the professional matters.

#BTC #BTC走势分析