$Breakout Trading Isn’t Just Hype—it’s Timing, Precision, and Nerves of Steel
When a market’s been moving sideways and the volatility seems to vanish, experienced traders start watching closely. Breakout trading is all about anticipating when that calm transforms into chaos—and capitalizing on it.
Identifying tight consolidation zones, analyzing volume spikes, and watching key resistance levels are essential. Once the price pierces through a major level with conviction, that’s your moment. Enter strategically, set stop-losses tight, and let momentum do the rest.
This strategy doesn’t rely on luck—it’s about disciplined execution. Whether you're trading on Binance or watching the broader crypto space, breakouts are where true gains hide.
The current most direct resistance level for BTC is $112,000, where there are a large number of sell orders. The price has formed a bearish divergence across multiple time frames when attempting to break $110,500. If it cannot break through, the support target range below is $106,000 to $107,500.
Trump's "Big and Beautiful" plan may lead to a short-term contraction in U.S. dollar liquidity, potentially causing Bitcoin prices to drop to the $90,000 to $95,000 range. If the impact is limited, Bitcoin may fluctuate around $100,000 but struggle to break through the $112,000 high. It is expected that before Federal Reserve Chairman Powell's speech at the end of August, the market may consolidate or experience a slight decline, but after liquidity is restored in early September, Bitcoin may see an increase.
Although some tokens in the altcoin market have seen slight increases recently, most tokens are still in a downtrend.
It is worth noting that recently, the trading volume of Little Penguin PENGU has remained high, and the coin price has been continuously rising for a week, with a weekly increase of nearly 80%.
In the SOL chain, several quality Meme coins have also appeared in the past two days, among which LuckyCoin, related to Feng Shui, has risen by 814% in the past 24 hours, with a market value of $6.4 million.
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