8.26 Early-morning Big Pie Analysis
BTC is currently hovering around 79,200. The Bollinger Bands are tightening even more, the middle band is weighing down the price, and it feels like a breakout could happen within the next day or two. The MACD is still in a dead cross, but the green bars have been shrinking continuously. The RSI is also flattening below 50, which suggests a possible mild bullish divergence. The bears can’t push it down anymore.
More importantly, the OI (open interest) and basis have started to turn back. The short positions are getting overcrowded. If the delta-hedging crowd makes a move, it could potentially squeeze straight up. Net inflow is over 100 million (yuan), yet the price hasn’t moved much—likely because arbitrage/relative-value trading is suppressing the rise. Keep an eye on 78,500; if that level breaks, then we may head to 76,800. On the upside, if 80,200 can hold with increased volume, short-covering could push price toward the 81,200 prior high. At this level, watch more and act less—wait until the direction becomes clear before following.
Whether you’re trading long-term or short-term, carry proper defenses! Protecting your position (risk) is the most important thing!
$TSMB $MSFTB #Solana现货ETF累计净流入创纪录12.2亿美元 #日本9至10月不再释放石油储备
BTC is currently hovering around 79,200. The Bollinger Bands are tightening even more, the middle band is weighing down the price, and it feels like a breakout could happen within the next day or two. The MACD is still in a dead cross, but the green bars have been shrinking continuously. The RSI is also flattening below 50, which suggests a possible mild bullish divergence. The bears can’t push it down anymore.
More importantly, the OI (open interest) and basis have started to turn back. The short positions are getting overcrowded. If the delta-hedging crowd makes a move, it could potentially squeeze straight up. Net inflow is over 100 million (yuan), yet the price hasn’t moved much—likely because arbitrage/relative-value trading is suppressing the rise. Keep an eye on 78,500; if that level breaks, then we may head to 76,800. On the upside, if 80,200 can hold with increased volume, short-covering could push price toward the 81,200 prior high. At this level, watch more and act less—wait until the direction becomes clear before following.
Whether you’re trading long-term or short-term, carry proper defenses! Protecting your position (risk) is the most important thing!
$TSMB $MSFTB #Solana现货ETF累计净流入创纪录12.2亿美元 #日本9至10月不再释放石油储备
