Analyst: Bitcoin May Remain Range-Bound, Market Focuses on Powell's Speech This Friday
BlockBeats News, August 19th, CryptoQuant analyst Axel Adler Jr posted, stating, "The futures market sentiment index has dropped to below the neutral zone at 36%. During the period from August 11th to 14th, this index briefly rose to 70% as the Bitcoin price surged to $123,000. Currently, the Bitcoin price is holding at $115,000, and the sentiment index momentum is decreasing: in the index composition, sellers dominate in the short term (net traders and volume difference are negative), while open interest contracts remain neutral. This indicates that the market has transitioned from a state of euphoric sentiment at the peak to a range-bound phase."
This state implies that when the index is still below 45-50%, a rebound may trigger selling pressure, and the price tends to fluctuate in a narrow range. If the index continues to be lackluster during a weak rebound, it may increase the testing of $112,000. The key this week is Powell's speech at the Jackson Hole summit on Friday (economic outlook and framework review), the content of which may determine the future direction of market sentiment."
Vous pourriez aussi aimer
À la hausse
Dernières actus crypto
Baleine "pension-usdt.eth" a ouvert une nouvelle position longue en BTC, avec la position atteignant 91 millions de dollars, ce qui en fait la plus grande position longue sur BTC sur Hyperliquid.
Hyperliquid lance officiellement son système de liquidation automatique de marge croisée (ADL)
La valeur nominale des options BTC d'aujourd'hui de 13 milliards de dollars expire, douleur maximale à 98 000 dollars
Une baleine a vendu 100 wBTC, ce qui a entraîné une perte latente totale de 30,91 millions de dollars.
Alliance DAO Genesis: Il est difficile de se convaincre de tenir le jeton L1 à long terme, car il n'y a pas de "Douves".
Assistance client:@weikecs
Collaborations commerciales:@weikecs
Trading quantitatif/Market makers:[email protected]
Programme VIP:[email protected]