BTC is currently caught in a tug-of-war between macro factors and technical indicators. From the broader environment, the White House's pressure on the Federal Reserve to cut interest rates is eye-catching—once the expectation of dollar liquidity expansion materializes, funds will find it hard not to flow into crypto assets. Traditional economic data has been criticized frequently, which ironically gives more room for alternative assets like BTC to imagine upside potential. Coupled with the recent strong performance of gold and silver, the market is telling a very clear story: money is seeking safe-haven assets and stores of value. These macro factors are accumulating, seemingly paving the way for a new upward cycle.
In the short term, however, technicals are still a bit tangled. Indicators like MACD show that sellers still hold the narrative, and prices are oscillating in consolidation, making traders a bit restless. But on the flip side, this short-term pullback pressure is very likely just the main players doing a shakeout and building strength. Once that critical signal appears, the subsequent movement could be very fierce.
The current price is at 90565.1 USDT. The nearby support level is at 89588.1, which is a good zone for positioning. If the price stabilizes between 89242.0 and 92202.9, the rebound strength will be quite significant. On the downside, 91425.1 is a recent resistance; only surpassing this level can we say the space has truly opened up. The resistance zone from 91425.1 to 92928.0 requires special attention.
The trading approach is straightforward: place buy orders near the support level, but be sure to set a stop-loss. If the support is broken, cut losses immediately—don't fight the market. Based on the current macro accumulation, waiting patiently for that ignition point to appear is wiser than blindly chasing highs.
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ProxyCollector
· 21h ago
The macro environment is indeed paving the way, but it's unclear when the explosion will happen.
Wait, is this really a shakeout? It feels a bit painful.
Getting in around 89588, but worried about a rebound coming halfway through.
Mainly depends on the Fed's attitude; pressure from the White House alone isn't enough.
With such heavy selling pressure, it drops after a rebound, I can't understand this rhythm.
If 91425 can't be broken, I think we still need to move sideways for a while.
Everyone says it's a buildup shakeout, but it feels like it's been a long time and still hasn't exploded.
Gold has already risen so much, but Bitcoin is still hesitating, feeling a bit anxious.
Support levels are set, now just see if it can hold steady; otherwise, the losses will be significant.
This position is very similar to a certain time last year, and in the end, it still broke down.
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Ser_This_Is_A_Casino
· 21h ago
The macro environment is indeed paving the way; now it's just a matter of when the technicals will break out.
Shakeout, shakeout, the main force is shaking out, but is this really the case this time?
If I can't hold the 89588, I'll exit immediately and won't play with it anymore.
Wait a minute, gold has already surged so fiercely, but BTC is still dithering, which is a bit unreasonable.
I bet it will break below 91425; if it breaks through, it's flying, otherwise it's a false breakout.
I really dislike this kind of volatile consolidation; I can't sit still.
Once the Fed's move comes out, funds will definitely flow here. The question is, when will it happen?
Brothers with orders at support levels, remember to set stop-losses and don't resist stubbornly.
It feels like waiting for a signal, and I'm losing sleep over it.
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PensionDestroyer
· 21h ago
The macro environment is indeed paving the way, but this round of shakeouts is a bit harsh. I really can't sit still anymore.
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PessimisticLayer
· 21h ago
Basically, it's still waiting for the breakout point. Chasing highs now is just giving away money.
BTC is currently caught in a tug-of-war between macro factors and technical indicators. From the broader environment, the White House's pressure on the Federal Reserve to cut interest rates is eye-catching—once the expectation of dollar liquidity expansion materializes, funds will find it hard not to flow into crypto assets. Traditional economic data has been criticized frequently, which ironically gives more room for alternative assets like BTC to imagine upside potential. Coupled with the recent strong performance of gold and silver, the market is telling a very clear story: money is seeking safe-haven assets and stores of value. These macro factors are accumulating, seemingly paving the way for a new upward cycle.
In the short term, however, technicals are still a bit tangled. Indicators like MACD show that sellers still hold the narrative, and prices are oscillating in consolidation, making traders a bit restless. But on the flip side, this short-term pullback pressure is very likely just the main players doing a shakeout and building strength. Once that critical signal appears, the subsequent movement could be very fierce.
The current price is at 90565.1 USDT. The nearby support level is at 89588.1, which is a good zone for positioning. If the price stabilizes between 89242.0 and 92202.9, the rebound strength will be quite significant. On the downside, 91425.1 is a recent resistance; only surpassing this level can we say the space has truly opened up. The resistance zone from 91425.1 to 92928.0 requires special attention.
The trading approach is straightforward: place buy orders near the support level, but be sure to set a stop-loss. If the support is broken, cut losses immediately—don't fight the market. Based on the current macro accumulation, waiting patiently for that ignition point to appear is wiser than blindly chasing highs.