🚨 BTC MACRO SETUP — LEVELS MATTER
Currently, the trends of various assets in the Asian market are diverging, with some rising and some falling, and there is no unified market direction. To judge the overall state of the entire broad market, other signals are not core; crude oil prices are the real MACRO signal that can explain the situation.
🛢️ Now the situation in the Middle East is becoming increasingly tense. Affected by this the price of Brent crude oil is continuously climbing towards $100 per barrel.
A rise in crude oil prices will first push up the risk of inflation, that is, the probability that the money people spend in daily life will increase becomes higher; after the inflation risk rises, the amount of money available for investment in the market will decrease, and the financial environment will tighten accordingly; finally, this tightening environment may bring downward pressure on the price of BTC.
₿ Current BTC price: approximately $78,700
TRADER LEVELS have compiled a set of practical price reference standards, which everyone can use to judge the timing of entering the market:
🟢 Long trigger conditions: The price returns to $80,000 and stabilizes at this level within the 4-hour market cycle. That is, the operation of buying BTC to bet on a price rise can only be initiated if both conditions are met: BTC's price returns to $80,000, and this price can stabilize without falling in the market trend measured in 4-hour units.
🔴 Short trigger conditions: The price faces pressure at the $80,000 level and cannot rise further, and even breaks below the $77,000 threshold. That is, the operation of selling BTC to bet on a price fall can only be initiated if both conditions are met: when BTC hits $80,000, it cannot rise further and is pushed back by market momentum, after which it directly breaks below the $77,000 support level
Currently, the trends of various assets in the Asian market are diverging, with some rising and some falling, and there is no unified market direction. To judge the overall state of the entire broad market, other signals are not core; crude oil prices are the real MACRO signal that can explain the situation.
🛢️ Now the situation in the Middle East is becoming increasingly tense. Affected by this the price of Brent crude oil is continuously climbing towards $100 per barrel.
A rise in crude oil prices will first push up the risk of inflation, that is, the probability that the money people spend in daily life will increase becomes higher; after the inflation risk rises, the amount of money available for investment in the market will decrease, and the financial environment will tighten accordingly; finally, this tightening environment may bring downward pressure on the price of BTC.
₿ Current BTC price: approximately $78,700
TRADER LEVELS have compiled a set of practical price reference standards, which everyone can use to judge the timing of entering the market:
🟢 Long trigger conditions: The price returns to $80,000 and stabilizes at this level within the 4-hour market cycle. That is, the operation of buying BTC to bet on a price rise can only be initiated if both conditions are met: BTC's price returns to $80,000, and this price can stabilize without falling in the market trend measured in 4-hour units.
🔴 Short trigger conditions: The price faces pressure at the $80,000 level and cannot rise further, and even breaks below the $77,000 threshold. That is, the operation of selling BTC to bet on a price fall can only be initiated if both conditions are met: when BTC hits $80,000, it cannot rise further and is pushed back by market momentum, after which it directly breaks below the $77,000 support level
