Thursday, September 10 — last night we livestreamed the current-price order with a 1600-point range. Did we feel great, brothers?
Yesterday’s dust has settled. Today, mountains and seas set off on a new journey. Stay close to the pace of Riding the Peak—your next stop to financial freedom is you!
Enough small talk—let’s get into today’s outlook. After the recent rally, the big BTC has surged and then entered a consolidation phase to digest gains. The bulls’ advantage relying on the favorable news from U.S. Treasury buybacks has already been partially realized, and market funds have become cautious. Frequent flipping between long and short has increased the likelihood of a washout/trading-range market— and I. For this week’s swing-trading approach, I gave everyone the plan as early as Monday. Over the past few days, we’ve also taken a lot of profits from 1,000-point short orders!
As for U.S. Treasuries: the earlier buyback concluded, which briefly pressured long-end U.S. Treasury yields and sparked the “dollar depreciation trade.” But recently, the market has digested the effect of the buybacks. Coupled with the Fed officials’ continued hawkish statements, inflation data has remained resilient. The market has once again adjusted upward its rate-hike expectations, pushing the 10-year U.S. Treasury yield higher again. This has once more put pressure on Bitcoin—an asset that yields nothing.
From a technical perspective, the long-cycle moving averages are still pointing upward. The mid-term uptrend structure hasn’t been directly broken, but after the recent run-up, the upward momentum has clearly weakened. The MACD red histogram keeps shrinking, and the fast/slow lines remain flat at high levels—suggesting possible top-divergence conditions. With each rebound, the trading volume can’t keep up; when volume and price diverge, it shows that the bulls’ push has been losing strength.
In summary: this week’s outlook remains bearish at the high end. For intraday short-term trading, suggestions are to short on rebounds in the 786–790 range, add shorts above 792. Targets are 776 and 768.$BTC #比特币突破79000美元
Yesterday’s dust has settled. Today, mountains and seas set off on a new journey. Stay close to the pace of Riding the Peak—your next stop to financial freedom is you!
Enough small talk—let’s get into today’s outlook. After the recent rally, the big BTC has surged and then entered a consolidation phase to digest gains. The bulls’ advantage relying on the favorable news from U.S. Treasury buybacks has already been partially realized, and market funds have become cautious. Frequent flipping between long and short has increased the likelihood of a washout/trading-range market— and I. For this week’s swing-trading approach, I gave everyone the plan as early as Monday. Over the past few days, we’ve also taken a lot of profits from 1,000-point short orders!
As for U.S. Treasuries: the earlier buyback concluded, which briefly pressured long-end U.S. Treasury yields and sparked the “dollar depreciation trade.” But recently, the market has digested the effect of the buybacks. Coupled with the Fed officials’ continued hawkish statements, inflation data has remained resilient. The market has once again adjusted upward its rate-hike expectations, pushing the 10-year U.S. Treasury yield higher again. This has once more put pressure on Bitcoin—an asset that yields nothing.
From a technical perspective, the long-cycle moving averages are still pointing upward. The mid-term uptrend structure hasn’t been directly broken, but after the recent run-up, the upward momentum has clearly weakened. The MACD red histogram keeps shrinking, and the fast/slow lines remain flat at high levels—suggesting possible top-divergence conditions. With each rebound, the trading volume can’t keep up; when volume and price diverge, it shows that the bulls’ push has been losing strength.
In summary: this week’s outlook remains bearish at the high end. For intraday short-term trading, suggestions are to short on rebounds in the 786–790 range, add shorts above 792. Targets are 776 and 768.$BTC #比特币突破79000美元
