After the speech, market sentiment was ignited first; BTC surged in the short term, and many people thought the rally would continue.
But the plot flipped quickly: he took a relatively tough stance on inflation. Expectations for September policy measures warmed up again, and risk-off sentiment was released rapidly—prices plunged and the chart showed violent oscillation. Retail investors were swept through another round of back-and-forth.
In fact, the prior peak around 81,000 never managed to hold effectively, which meant there was already stage-by-stage pressure. The earlier rally was driven partly by sentiment and bullish expectations—but after the gains accelerated too quickly, a correction to digest the move is normal.
Right now, BTC has rallied and then pulled back, leaving a clear long upper wick. Price is consolidating around 77,500. Liquidity is relatively weak over the weekend, and the market will most likely keep repeating this type of wash-and-reset.
In the short term, without any clear inflow of new funds, sentiment repair should be limited, and the rebound is not expected to be strong. In terms of trading, it’s more about staying cautious near the rebound highs—go with the trend while strictly maintaining defenses. $BTC
But the plot flipped quickly: he took a relatively tough stance on inflation. Expectations for September policy measures warmed up again, and risk-off sentiment was released rapidly—prices plunged and the chart showed violent oscillation. Retail investors were swept through another round of back-and-forth.
In fact, the prior peak around 81,000 never managed to hold effectively, which meant there was already stage-by-stage pressure. The earlier rally was driven partly by sentiment and bullish expectations—but after the gains accelerated too quickly, a correction to digest the move is normal.
Right now, BTC has rallied and then pulled back, leaving a clear long upper wick. Price is consolidating around 77,500. Liquidity is relatively weak over the weekend, and the market will most likely keep repeating this type of wash-and-reset.
In the short term, without any clear inflow of new funds, sentiment repair should be limited, and the rebound is not expected to be strong. In terms of trading, it’s more about staying cautious near the rebound highs—go with the trend while strictly maintaining defenses. $BTC