Only by daring to take risks can there be a future, and only by daring to strive can there be opportunities. Without hardship and effort, life is tasteless; without striving and fighting, life is wasted.~ Big pancake, this summer is really impressive! #BTC突破12万大关 $BTC
Looking at the 4-hour candlestick chart, the price has formed a consolidation range recently, oscillating roughly between $116,600 and $118,000, with the market lacking clear directional guidance.
Let's take a look at the 1-hour candlestick chart. The price has shown a downward oscillation during the early morning hours, with consecutive bearish candles indicating that the bears are dominating during this period. However, during the price decline, the trading volume has not significantly increased, which may suggest that the sustainability of the bearish momentum is yet to be observed.
In summary, based on the technical analysis of the daily, 4-hour, and 1-hour levels, the current BTC market is in a high-level consolidation phase with a bearish bias in the short term. In terms of action, it is recommended to adopt a short to medium-term approach – primarily to observe and wait for the market to provide a clear direction before taking action. For those with a long-term perspective, they may continue to hold, but should set appropriate stop-loss levels! $BTC
Is the big pancake 117900 still far from 120000💵? I posted in May, when the big pancake surged past 110000, breaking the historical high, and stood firm at 110000. At that time, there were also many positive news, with various states in the U.S. introducing stablecoin legislation, etc.~ More institutions are injecting funds into the crypto market, and they are optimistic about this year's bull market, breaking 120000 is just around the corner!!!#BTC再创新高 $BTC
The big pie lives up to expectations, continuing to rise👆
Long-term upward trend established: Since April, BTC has been in an ascending channel, consistently creating higher highs and higher lows. The breakthrough on July 10 is a continuation of this upward trend, with the daily close above the high, showing that bullish strength dominates in the long-term trend. Since the beginning of July, its price has repeatedly tested the range of $105,000 - $112,000, with market volatility significantly decreasing and daily fluctuations narrowing to around $1,500. Currently, the big pie is in a 'guiding wedge' structure, which usually indicates that the consolidation phase may be a washout stage, aiming to accumulate strength for the subsequent main upward wave. This summer is expected to open a new round of rising market, with target levels looking towards $120,000 - $122,000. The 4-hour level candlestick presents a large bullish breakthrough pattern, with the closing price above the previous resistance level, and the last candlestick closing as a bullish line. The MACD histogram continues to expand and maintain positive values, indicating that bullish momentum shows no signs of exhaustion; although the KDJ indicator is in a neutral range, it has not shown a top divergence signal, leaving space for further upside. #BTC#BTC再创新高 #$BTC
The big pie lives up to expectations, continuing to rise👆
Long-term upward trend established: Since April, BTC has been in an ascending channel, consistently creating higher highs and higher lows. The breakthrough on July 10 is a continuation of this upward trend, with the daily close above the high, showing that bullish strength dominates in the long-term trend. Since the beginning of July, its price has repeatedly tested the range of $105,000 - $112,000, with market volatility significantly decreasing and daily fluctuations narrowing to around $1,500. Currently, the big pie is in a 'guiding wedge' structure, which usually indicates that the consolidation phase may be a washout stage, aiming to accumulate strength for the subsequent main upward wave. This summer is expected to open a new round of rising market, with target levels looking towards $120,000 - $122,000. The 4-hour level candlestick presents a large bullish breakthrough pattern, with the closing price above the previous resistance level, and the last candlestick closing as a bullish line. The MACD histogram continues to expand and maintain positive values, indicating that bullish momentum shows no signs of exhaustion; although the KDJ indicator is in a neutral range, it has not shown a top divergence signal, leaving space for further upside. #BTC#BTC再创新高 #$BTC
【Trump boasts about achievements and continues to pressure the Federal Reserve to cut interest rates】 U.S. President Trump stated on social media: Technology stocks, industrial stocks, and the Nasdaq index have reached all-time highs! Cryptocurrency has "broken the ceiling." Since Trump imposed tariffs, Nvidia's stock price has increased by 47%. The U.S. is imposing hundreds of billions of dollars in tariffs. The country is now "back." Great honor! The Federal Reserve should quickly lower interest rates to reflect this strength. The U.S. should be at the "top." No inflation! #BTC再创新高 $BTC
Citigroup announces that the threshold for interest rate cuts is decreasing.
Citigroup analysts state that the upcoming minutes from the Federal Reserve's June 17-18 meeting may read more dovishly, indicating that the threshold for interest rate cuts is decreasing. Citigroup believes that although Powell maintained a neutral stance during the press conference following the June interest rate decision, the minutes can better reflect the content he did not explicitly state. Recently, several Federal Reserve officials have released dovish signals, and as of June 2025, the year-on-year increase in the U.S. core PCE price index has been below the 2% target threshold for three consecutive months, providing arguments for dovish perspectives within the Federal Reserve. Citigroup expects the Federal Reserve to start cutting interest rates in September and to cumulatively cut rates by 125 basis points before March next year, with the “waiting period” for rate cuts possibly ending in late summer. However, the minutes may also reflect some officials' hawkish views, such as Cleveland Fed President Hammack suggesting that policy rates may remain at current levels for an extended period. Still, Citigroup believes this is not the basic scenario of the committee, as “most” Federal Reserve officials expect to lower policy rates before the end of the year. $BTC
The EU has granted MiCA licenses to 53 cryptocurrency companies, including 14 stablecoin issuers and 39 cryptocurrency asset service providers. The MiCA regulation is implemented for 6 months for cryptocurrency asset service providers (CASP) and 12 months for stablecoins, with new developments in July: 14 institutions from 7 EU countries have been authorized to issue stablecoins, with 3 from France and 1 or 3 from Germany and other countries. They collectively issue 20 types of electronic currency tokens or single fiat currency stablecoins, with 12 priced in euros, 7 in dollars, and 1 in Czech koruna. 39 CASPs have received MiCA licensing, distributed across 9 EU/EEA countries, covering traditional finance (such as BBVA, Clearstream, CACEIS), fintech (such as N26, Trade Republic, eToro, Robinhood), and native crypto companies (such as Coinbase, Kraken, Bitpanda, OKX, Bitstamp). Currently, there are no issuers of Asset Reference Tokens (ART), and the market lacks relevant demand. About 30 cryptocurrency white papers have been notified, with multiple countries' transition periods ending, and the Dutch Authority for the Financial Markets leading in issuing licenses, but over 35 companies have been listed as non-compliant CASPs by Italian regulators. #TruthSocial加密蓝筹ETF $BTC
Trump Launches Truth Social Blue Chip ETF Application Submitted Trump Media Technology Group announced today that it has submitted a preliminary registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) to launch the 'Truth Social Cryptocurrency Blue Chip ETF'. This ETF will directly hold Bitcoin, Ethereum, Solana, Cronos, and Ripple, with asset allocation percentages of 70%, 15%, 8%, 5%, and 2%, respectively. Crypto.com will serve as the exclusive digital asset custodian and primary executing agent for the ETF, while also providing staking services and liquidity support. The official launch of the ETF is still pending SEC approval of the registration statement and the review of the 19b-4 filing. Once approved, the fund will be listed for trading on the NYSE Arca exchange. #山寨币ETF进展 #TruthSocial加密蓝筹ETF $BTC
The Hong Kong 'Stablecoin Regulation' will come into effect on August 1. The Secretary for Financial Services and the Treasury, Christopher Hui, stated on July 7 that the Monetary Authority is currently consulting the market on the implementation of regulatory guidelines, which will be announced in July. The goal is to issue stablecoin licenses within this year, with the number of licenses granted expected to be in single digits. This initiative has multiple important implications:
• Establishing a Robust Regulatory Environment: The 'Stablecoin Regulation' adheres to the principle of 'same activity, same risk, same regulation', focusing on risk management. The implementation of this regulation fills the regulatory gap for fiat-backed stablecoins, providing a stable foundation for Hong Kong's virtual asset market, promoting sustainable industry development, protecting user rights, and consolidating Hong Kong's position as an international financial center.
• Supporting the Internationalization of the Renminbi: With the regulation in place, compliant stablecoins pegged to the Hong Kong dollar or Renminbi are expected to gain wider usage. Hong Kong can leverage its status as an international financial hub to promote Renminbi stablecoins as a reliable alternative to US dollar stablecoins, further expanding the influence of Renminbi in the global digital currency system.
• Expanding Corporate Financing Channels: Stablecoins can open new pathways for corporate financing, particularly providing more efficient capital solutions for cross-border trade, small and medium-sized enterprises, and emerging market companies. For example, companies can issue bonds linked to stablecoins, saving on exchange losses and fees incurred from traditional currency conversion and cross-border settlements.
• Promoting the Development of the Digital Asset Industry: Hong Kong is the world's first international financial center to establish a dedicated regulatory framework for fiat-backed stablecoins. The implementation of the 'Stablecoin Regulation' holds strategic significance in attracting global fintech companies to set up in Hong Kong and promoting the integration of virtual assets with traditional finance.
• Enhancing Payment Efficiency: Stablecoins are viewed as an alternative to traditional financial systems, with the potential to reshape payment and capital market activities. For example, in cross-border payments, stablecoins can achieve settlement in seconds, with cost reductions of up to 90%, significantly better than traditional wire transfers. $BTC #香港稳定币条例
On July 5, local time, American entrepreneur Elon Musk announced on the social media platform that the "American Party" was established on that day.
The direct reason for Musk establishing the "American Party" is that the "Big and Beautiful" bill, pushed by Trump, took effect on July 4. This bill repealed several provisions set by the Biden administration to reduce energy consumption and eliminated tax breaks for purchasing electric vehicles, which is detrimental to Musk's Tesla company. Furthermore, Musk believes that the Democratic and Republican parties in the United States are essentially a "single party," and that the United States needs alternative choices. He hopes that the new political party can represent the "80% of moderate voters" in American society and liberate the American public from the two-party system.
However, according to U.S. law, the establishment of a party eligible to participate in elections requires a complex certification process. Public opinion in the United States remains cautiously skeptical about the political prospects of the "American Party," as the Republican and Democratic parties have long dominated and controlled American politics since the Civil War. The newly established party will face numerous obstacles in attempting to shake up the long-standing political structure in the United States. #BTC#马斯克计划成立美国党 $BTC
The price of Bitcoin is $107,700, an increase of $534.79704 from before, with a growth rate of 0.49%. In the past 24 hours, Bitcoin trading has been active, with significant price fluctuations, reaching a volatility of 1.84%. The highest price touched $110,529.18, while the lowest price was $107,400, with a 24-hour trading volume reaching as high as $51.5 billion.
From a technical analysis perspective, the Relative Strength Index (RSI) is currently fluctuating around 50, indicating that buying and selling forces in the market are nearly balanced, with no significant overbought or oversold signals. Regarding moving averages, the Bitcoin price hovers above the short-term averages, and the 5-day and 10-day moving averages have not yet formed a clear alignment, suggesting an unclear short-term market direction. The Bollinger Bands indicator shows that the Bitcoin price is operating near the middle band, with the Bollinger Bands channel narrowing, indicating decreased market volatility and suggesting a potential choice of breakout direction.
In summary, Bitcoin is currently at a critical decision-making stage. If it can effectively break through the resistance level of $110,000 with increased trading volume, it may open up new upward potential; conversely, if it falls below the support level of $105,000, it could trigger further sell-offs. $BTC #美国加征关税 #今日行情分析
Today's Market Analysis: Based on the relevant technical indicators from the K-line chart and market factors, there is potential for a sustained upward trend in the future!
On July 2nd at 9:00 AM, the Bitcoin price reversed and rose continuously, breaking through $108,000. On July 3rd, Bitcoin surpassed $110,000, with bullish sentiment clearly warming up.
In the short term, if the Federal Reserve's FOMC meeting in the first half of July releases signals for interest rate cuts, it may trigger a "buy the expectation" trend. If it can hold above the $110,000 resistance level, there is a high likelihood it will continue to rise, with a support level at $105,000, and a target range that may break the previous high of $111,900. In the second half of July, institutional funds will start reallocating for the quarter, and inflows into Bitcoin ETFs may increase, but caution should be taken as U.S. inflation data exceeding expectations could weaken interest rate cut expectations and trigger short-term corrections.
According to the 52-week Simple Moving Average (SMA) trend, Bitcoin still has upward potential. When the 52-week SMA touches the middle of the logarithmic growth curve (LGC) channel, the price of Bitcoin typically peaks. According to its prediction, Bitcoin's peak may occur around mid-July 2025. #今日行情分析 $BTC
Today's Pancake Market Analysis: On July 2nd, the market has broken below the support level near 106,000 USD at the intraday level, and may attempt to break down again to the support position near 104,000 USD in the evening.
From the 4-hour candlestick view, the MACD histogram continues to be negative and gradually lengthens, indicating strong bearish forces; however, the KDJ indicator is neutral, with a value of 27, showing no obvious golden cross or death cross signals.
Support and resistance levels: At the intraday level, attention can be paid to the support range of 103,500-104,500, with resistance in the range of 106,000-106,800 USD.
Analysis suggests that the price is currently fluctuating near the middle band of the Bollinger Bands, and may test the lower band in the short term. If it breaks below the key support level, there is a high likelihood of further decline. #今日行情分析 $BTC
How to Make Investment Decisions Based on BTC Technical Trends?
Investment decisions based on BTC technical trends require multi-dimensional analysis and strict risk management. The following are key steps and points: 1. Clarify Core Dimensions of Technical Analysis 1. Trend Judgment ◦ Determine medium to long-term trends using moving averages (e.g., 50-day moving average, 200-day moving average): A bullish arrangement of moving averages (short-term moving average crossing above long-term moving average) may indicate an uptrend; conversely, a bearish arrangement may signal a downtrend. ◦ Trendline Assistance: Connect high points or low points to form a trendline. A price breakout from a trendline may signal a trend reversal (e.g., if the price breaks below an ascending trendline, be cautious of a pullback).
U.S. Treasury Secretary Basant stated on June 30 that stablecoin legislation may be completed by mid-July, which will become a source of demand for U.S. Treasury bonds.
The U.S. Senate has passed the "Guidance and Establishment of the American Stablecoin National Innovation Act" (the "GENIUS Act") with 68 votes in favor and 30 against, meaning that stablecoin legislation has officially entered the House process. If this bill is ultimately passed by the House and signed by President Trump, it will regulate U.S. stablecoin issuers at the federal level.#大而美法案 #稳定币立法 $BTC
On July 1, 2025, the Bitcoin price is experiencing short-term fluctuations, positioned in a high-level consolidation phase, as shown in the figure: specific analysis is as follows:
Price Trend: The current price of Bitcoin is $105,900, with market trends oscillating around the strong rise in late June, currently located near the middle band of the Bollinger Bands. Prices may fluctuate in the short term between the upper band of $108,600 and the lower band of $106,800.
Technical Indicators: From a technical indicator perspective, the DIF and DEA in the MACD are opening downwards again, with the red bars continuing to increase. The K-line pattern has recently shown a 'Cloud Cover' formation, indicating that short-term downward pressure may intensify. In the BOLL indicator, the three lines of the Bollinger Bands are converging, with prices oscillating near the middle band, suggesting that after energy accumulation, a directional breakout may occur. In the KDJ, the three lines continue to diverge downwards, indicating a strengthening trend of bearish forces. $BTC
【U.S. Job Openings Unexpectedly Increased in May, But Labor Market Shows Signs of Weakness】
On July 1, it was reported that U.S. job openings in May reached 7.769 million, far exceeding the 7.3 million expected by Reuters economists. The number of hires decreased by 112,000 to 5.503 million, while layoffs dropped by 188,000 to 1.601 million. The unexpected increase in job openings in May, coupled with the decline in hiring, further indicates that the labor market has entered a slowdown phase amid the uncertainty of import tariffs imposed by the Trump administration. The current 90-day suspension period for reciprocal tariffs is about to end. Economists point out that the policy direction after the expiration of the Trump administration's 90-day tariff suspension on July 9 is unclear, making it difficult for businesses to formulate long-term plans. #美国加征关税 $BTC