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Pay close attention to the support level around 11,200 for Bitcoin. If it falls below this point, a double-top pattern may form from a technical perspective. If it holds, there is still hope for a rebound.

The Bitcoin price movement has perfectly aligned with our previous projections. Since the release of yesterday's analysis report, the price has rebounded strongly by 1,100 points and is currently stabilizing around $118,400. As a steadfast long-term bull, I maintain that Bitcoin's upward trend remains intact. Although there was a brief technical breakdown in recent days, this has not fundamentally damaged Bitcoin's overall upward trajectory. From a technical perspective, the current price-volume relationship appears healthy, with all indicators suggesting that bulls still dominate the market. Thank you all for your likes, comments and follows, we really appreciate it!

Bitcoin is trading in a narrow range today, with price movements confined to around 1,000 points, reflecting cautious market sentiment. From a technical perspective, BTC continues to find strong buying support near key levels, displaying a classic bottoming formation on the 4-hour chart, accompanied by a bullish MACD divergence signal. The current price has entered a value investment zone, with smart money quietly accumulating positions and rebound momentum building. Traders may consider scaling into long positions in batches. Thank you all for your likes, comments and follows, we really appreciate it!

Gold Market Analysis: Unfortunately, the inverted hammer pattern emerged, and the price continued testing the recent low around 3330. Although it held, the bearish engulfing pattern suggests that the bullish momentum has yet to recover. The price correction from the past two days is gradually turning into a consolidation phase. Notably, after breaking higher the day before yesterday, yesterday’s price action reversed sharply, breaking below the previous day’s low and extinguishing the bullish momentum. Key Observations: 1. The day before yesterday saw an upward move, with the morning low acting as the dividing line. For the uptrend to continue, the price should not fall below the previous day’s starting point. However, yesterday’s break below that low confirmed the end of the bullish trend. 2. After breaking the low, watch for a potential secondary decline on any rebound. 3. In the afternoon, the downtrend continued, testing the previous low of 3330. In a downtrend, we avoid betting on a double bottom. Today’s Situation: The hourly chart shows a brief rebound with consecutive bullish candles, but after testing 3350, the price faced resistance and pulled back. Currently, it is consolidating around 3340. Short-Term Outlook: - Resistance Levels: 3357–3363 - Support Level: 3330 (A break below this level would signal a continuation of the downtrend). Thank you all for your likes, comments and follows, we really appreciate it!

Gold Market Analysis: Unfortunately, the inverted hammer pattern emerged, and the price continued testing the recent low around 3330. Although it held, the bearish engulfing pattern suggests that the bullish momentum has yet to recover. The price correction from the past two days is gradually turning into a consolidation phase. Notably, after breaking higher the day before yesterday, yesterday’s price action reversed sharply, breaking below the previous day’s low and extinguishing the bullish momentum. Key Observations: 1. The day before yesterday saw an upward move, with the morning low acting as the dividing line. For the uptrend to continue, the price should not fall below the previous day’s starting point. However, yesterday’s break below that low confirmed the end of the bullish trend. 2. After breaking the low, watch for a potential secondary decline on any rebound. 3. In the afternoon, the downtrend continued, testing the previous low of 3330. In a downtrend, we avoid betting on a double bottom. Today’s Situation: The hourly chart shows a brief rebound with consecutive bullish candles, but after testing 3350, the price faced resistance and pulled back. Currently, it is consolidating around 3340. Short-Term Outlook: - Resistance Levels: 3357–3363 - Support Level: 3330 (A break below this level would signal a continuation of the downtrend). (For detailed trading strategies, refer to member updates.) Thank you all for your likes, comments and follows, we really appreciate it!

As anticipated, Bitcoin has risen to retest its previous high. Despite facing resistance near the key level and undergoing a pullback, the current retracement remains within a normal and healthy consolidation phase. Technically, the 4-hour chart shows the moving averages maintaining a bullish alignment, and while the MACD exhibits slight sluggishness, there are no clear divergence signals—indicating sustained upward momentum. Traders holding long positions should monitor the support near 119,600. If the price stabilizes upon retesting this level, it may form a continuation pattern. Personally, I maintain a bullish outlook, expecting a breakout above the previous high after sufficient consolidation, with potential follow-through momentum upon confirmation. However, an unexpected drop below 117,000 would raise concerns about a short-term double-top formation. Thank you all for your likes, comments and follows, we really appreciate it!

Gold is currently showing signs of gradual technical recovery on the 4-hour chart after a period of consolidation. The price is slowly breaking out of the previous low-range oscillation zone, with short-term moving averages beginning to curve upward and diverge, indicating a potential strengthening trend in the near term. Moving forward, watch for a possible secondary upward surge after a retracement and consolidation. In the short term, keep an eye on the resistance zone around 3380. On the hourly chart, there has been a minor pullback, but the momentum and follow-through remain limited. The expectation is that after a brief adjustment, the upward trend may continue with further room for gains.

After testing the lower boundary of the ascending channel, Bitcoin quickly rebounded upward, aligning perfectly with the technical outlook mentioned two days ago. From a 4-hour perspective, the recent pullback was a normal retracement following the breakout of a key resistance level, with diminishing trading volume indicating limited selling pressure. The bullish trend remains intact, and the current trading strategy should still focus on buying the dips, particularly near the lower trendline support zone, while staggered entries based on candlestick reversal signals. If the price consolidates above the mid-channel line, it may further unlock upside potential.

Breaking News: Trump signed the Sino-U.S. tariff "truce" agreement at the last minute, deciding once again to extend the deadline by 90 days starting from August 12. Another three months—the Sino-U.S. tariff risks have been temporarily averted. This news came as no surprise, so the market reaction has been muted. Next, all eyes are on the Trump-Putin meeting on August 15, which the market sees as the last opportunity to end the Russia-Ukraine war, making it a highly anticipated event. Tonight, the CPI data will be released, and its trend will directly influence market expectations about whether the Fed will cut rates in September. As such, this data is certain to have a major impact on gold prices. If inflation exceeds expectations, gold may initially rally but then pull back, as rising inflation data is bullish in itself but would reduce rate-cut expectations, which is bearish. If the data falls short of expectations, gold may dip first before rising. Last night, gold broke below last week’s starting rally point of 3,345, hitting a low near 3,340, indicating weak momentum. The 3,340 level is a critical support—a break below it would suggest that gold’s unilateral rise from 3,270 may shift back into a consolidation phase. Technically, gold has managed to hold above the key support of the 200-period SMA on the 4-hour chart, currently positioned around the 3,344-3,342 range. Given that the oscillators on this chart reflect bearish momentum, a decisive break below this support could push gold toward the next intermediate support at 3,320. Conversely, if prices rebound and break above the 3,358-3,360 zone, strong resistance is likely to emerge near 3,380. Thank you all for your likes, comments and follows, we really appreciate it!

Yesterday, Bitcoin quickly rose to near its previous high and then began to correct. It is still in an upward trend. From the hourly and 4-hour levels, we can see that Bitcoin is currently supported at 118,500. Before it falls below the rising channel, our trading strategy is still the same as before, going long on pullbacks. Thank you all for your likes, comments and follows, we really appreciate it!