Next week (8.24–8.28), Big Pie—Ethereum-style thinking
This week, Big Pie surged by about 23%, nearing 80,000, and is currently around 76,800, with Ethereum at around 2,415. The market is in an uptrend cycle, and pullbacks are more like a washout and dip rather than a trend reversal. As long as key support is not broken with heavy sell volume, the big-picture direction hasn’t changed.
The bullish case is mainly based on three points:
First, this week’s spot ETF net inflows exceeded $1 billion, with expectations to set a record for the largest single-week inflow this year. Institutional buying is currently taking over, continuing to force short-covering.
Second, Trump said the government is assessing expanding the size of the federal Bitcoin reserve. Although there’s no specific plan or funding source yet, the policy expectation itself is a driving force.
Third, the Ministry of Finance expanded government-bond repo operations, leading to falling U.S. Treasury yields and improving expectations for macro liquidity. A “big whale” increased holdings over the past 60 days by about $2.75 billion in BTC. Standard Chartered noted that the end-of-year target price of $100,000 might be “too low.”
Key items to watch next week:
On August 26, the U.S. Q2 GDP revised value and July PCE data—if inflation comes in below expectations, it would be bullish. On the same day, Nvidia’s earnings report, which indirectly impacts crypto sentiment. From August 27–29, the Jackson Hole central bank conference. On August 28, Fed Chair Powell’s speech is the key event.
Swing-trade layout reference:
Big Pie: pull back to 75,000–76,000 to scale in for longs. Targets: 78,000–79,000. A breakout would open the door to 80,000–81,000.
Ethereum: pull back to 2,310–2,360 to scale in for longs. Targets: 2,460–2,500. A breakout would point to 2,550–2,600.
Pullbacks are an opportunity for funds that missed the initial move to get in. As long as support holds, the upward momentum remains unchanged.
$BTC $ETH #标普500结束周线连涨
This week, Big Pie surged by about 23%, nearing 80,000, and is currently around 76,800, with Ethereum at around 2,415. The market is in an uptrend cycle, and pullbacks are more like a washout and dip rather than a trend reversal. As long as key support is not broken with heavy sell volume, the big-picture direction hasn’t changed.
The bullish case is mainly based on three points:
First, this week’s spot ETF net inflows exceeded $1 billion, with expectations to set a record for the largest single-week inflow this year. Institutional buying is currently taking over, continuing to force short-covering.
Second, Trump said the government is assessing expanding the size of the federal Bitcoin reserve. Although there’s no specific plan or funding source yet, the policy expectation itself is a driving force.
Third, the Ministry of Finance expanded government-bond repo operations, leading to falling U.S. Treasury yields and improving expectations for macro liquidity. A “big whale” increased holdings over the past 60 days by about $2.75 billion in BTC. Standard Chartered noted that the end-of-year target price of $100,000 might be “too low.”
Key items to watch next week:
On August 26, the U.S. Q2 GDP revised value and July PCE data—if inflation comes in below expectations, it would be bullish. On the same day, Nvidia’s earnings report, which indirectly impacts crypto sentiment. From August 27–29, the Jackson Hole central bank conference. On August 28, Fed Chair Powell’s speech is the key event.
Swing-trade layout reference:
Big Pie: pull back to 75,000–76,000 to scale in for longs. Targets: 78,000–79,000. A breakout would open the door to 80,000–81,000.
Ethereum: pull back to 2,310–2,360 to scale in for longs. Targets: 2,460–2,500. A breakout would point to 2,550–2,600.
Pullbacks are an opportunity for funds that missed the initial move to get in. As long as support holds, the upward momentum remains unchanged.
$BTC $ETH #标普500结束周线连涨
