Waller makes his debut tonight; $BTC reduces exposure and watches—don’t gamble on direction
Tonight at 22:00, Fed Chair Waller will deliver his first speech at Jackson Hole. BTC is currently ranging between 79,000 and 81,000. A steady approach: reduce positions and observe before the speech—don’t go heavy betting on direction.
Why be cautious? First, in July Waller said this speech is a “blank page,” providing almost no forward guidance; any stance could turn out beyond expectations, and volatility will be high. Second, there are major disagreements within the FOMC: nine members expect rate hikes versus nine who expect to maintain or cut rates. The market is pricing about a 1/3 probability of a rate hike in September, so the direction is unclear. Third, BTC has risen from 64,000 to 81,000—up 26%. With substantial profit, it’s easy for profit-taking to trigger before and after the speech.
Action: Reduce your current position to below 50%, keep leverage below 5x, and set proper stop-losses. If the dovish tone pushes price up above 81,000, don’t chase—wait for a pullback to around 80,000 and stabilize before entering again, targeting 83,000. If the hawkish tone drops BTC to 76,000, take a light-position long entry, stop loss at 75,000, and target 78,000–79,000. Don’t go heavy before the speech. You can’t make infinite money, but you can certainly lose it all.
The above is for personal analysis only and does not constitute investment advice.#加州通过法案拟禁官员发行Meme币 #波场主网激活TVM布拉格大阪兼容 #黄金8月上涨约14% $NVDAB $AAPLB
Tonight at 22:00, Fed Chair Waller will deliver his first speech at Jackson Hole. BTC is currently ranging between 79,000 and 81,000. A steady approach: reduce positions and observe before the speech—don’t go heavy betting on direction.
Why be cautious? First, in July Waller said this speech is a “blank page,” providing almost no forward guidance; any stance could turn out beyond expectations, and volatility will be high. Second, there are major disagreements within the FOMC: nine members expect rate hikes versus nine who expect to maintain or cut rates. The market is pricing about a 1/3 probability of a rate hike in September, so the direction is unclear. Third, BTC has risen from 64,000 to 81,000—up 26%. With substantial profit, it’s easy for profit-taking to trigger before and after the speech.
Action: Reduce your current position to below 50%, keep leverage below 5x, and set proper stop-losses. If the dovish tone pushes price up above 81,000, don’t chase—wait for a pullback to around 80,000 and stabilize before entering again, targeting 83,000. If the hawkish tone drops BTC to 76,000, take a light-position long entry, stop loss at 75,000, and target 78,000–79,000. Don’t go heavy before the speech. You can’t make infinite money, but you can certainly lose it all.
The above is for personal analysis only and does not constitute investment advice.#加州通过法案拟禁官员发行Meme币 #波场主网激活TVM布拉格大阪兼容 #黄金8月上涨约14% $NVDAB $AAPLB
