🔴 Bearish in the short term | 02:00, August 29, 2026
📰 Key headlines:
• After the Fed Chair Worsh Jackson Hole debut, BTC plunged by $3,000 to $76,900, ETH fell below $2,450, and market sentiment dropped sharply from the "Extreme Greed" zone to the "Fear" zone
• The Iran–U.S. conflict has lasted for half a year. Throughput in the Strait of Hormuz has collapsed by over 90%. Brent crude has returned above $90. Trump refused to reinstate the June ceasefire terms. Qatar’s prime minister traveled to Tehran to mediate, but to no avail
• The Fear & Greed Index fell from 82 two days ago to 27. Market sentiment completed an extreme-to-extreme reversal
📊 Market signals:
• BTC at $76,900. It has lost the 80K level; the 50-week moving average at $77,700 is a key support
• Oil prices remain elevated. Disruptions in global energy supply are lifting inflation expectations, increasing the risk of stagflation
• ETFs previously saw 9 straight days of net inflows totaling more than $2.6 billion, but after Worsh’s remarks, long-side confidence wavered
💡 Viewpoint:
With geopolitical tensions plus hawkish signals from the Fed, risk assets face pressure in the short term. But the logic of trading the dollar’s depreciation remains unchanged—nearly $40 trillion in U.S. Treasuries plus a widening fiscal deficit. Gold surged 14% in August and BTC rose more than 20% for the month. The long-term allocation value of scarce assets remains solid. Wait patiently for low-buy opportunities once sentiment stabilizes.
#BTC #行情分析 #Macro
📰 Key headlines:
• After the Fed Chair Worsh Jackson Hole debut, BTC plunged by $3,000 to $76,900, ETH fell below $2,450, and market sentiment dropped sharply from the "Extreme Greed" zone to the "Fear" zone
• The Iran–U.S. conflict has lasted for half a year. Throughput in the Strait of Hormuz has collapsed by over 90%. Brent crude has returned above $90. Trump refused to reinstate the June ceasefire terms. Qatar’s prime minister traveled to Tehran to mediate, but to no avail
• The Fear & Greed Index fell from 82 two days ago to 27. Market sentiment completed an extreme-to-extreme reversal
📊 Market signals:
• BTC at $76,900. It has lost the 80K level; the 50-week moving average at $77,700 is a key support
• Oil prices remain elevated. Disruptions in global energy supply are lifting inflation expectations, increasing the risk of stagflation
• ETFs previously saw 9 straight days of net inflows totaling more than $2.6 billion, but after Worsh’s remarks, long-side confidence wavered
💡 Viewpoint:
With geopolitical tensions plus hawkish signals from the Fed, risk assets face pressure in the short term. But the logic of trading the dollar’s depreciation remains unchanged—nearly $40 trillion in U.S. Treasuries plus a widening fiscal deficit. Gold surged 14% in August and BTC rose more than 20% for the month. The long-term allocation value of scarce assets remains solid. Wait patiently for low-buy opportunities once sentiment stabilizes.
#BTC #行情分析 #Macro