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."
Você também pode gostar
Ganhadores
Últimas notícias sobre cripto
Trump diz que presidente do Fed deve cortar taxas de juros, reitera críticas a Powell
Nas últimas 24 horas, toda a rede liquidou $376 milhões, com a maioria vindo da maior posição curta
A probabilidade de uma redução da taxa de juros de 25 pontos base pela Reserva Federal em dezembro é atualmente de 87,2%.
Trump: Anunciará novo presidente do Fed no início do próximo ano
Coinbase International Site lança DASH Perpetual Contract Trading
Atendimento ao cliente:@weikecs
Parcerias comerciais:@weikecs
Quant trading e MM:[email protected]
Serviços VIP:[email protected]