Reviewing this week’s market action, Bitcoin continued its weakness at the beginning of the week. The Federal Reserve kept interest rates unchanged as expected, leading to weak market confidence. In addition, MicroStrategy reduced its holdings by another 1,638 BTC, further suppressing the market. This was also a major bearish factor Lao Yang raised as early as June, and interested friends can look it up themselves. Bitcoin’s price once fell to the 62,000–62,800 range. Midweek, the ADP private-sector employment data came in below expectations, and market sentiment gradually stabilized. Bitcoin rebounded above 64,000, then briefly surged to around 65,358 after the nonfarm payrolls data was released. It has now pulled back slightly and is consolidating around 64,800. Ethereum moderately rebounded from 1,828 to around 1,920 this week, but the market is still waiting for a clearer catalyst to break the consolidation pattern. Lao Yang’s live trading setups once again achieved a grand slam this week, extending the winning streak, with Bitcoin gaining a total of 6,455 points and Ethereum 269 points. Market opportunities keep emerging; temporary gains or losses are simply gifts from market conditions, while a stable trading system is the true confidence that belongs to you. From the current chart structure, Bitcoin’s daily candles alternate between bullish and bearish, mainly forming small-bodied doji candles during consolidation. The highs and lows are gradually narrowing, and the Bollinger Bands are converging overall. Price is trading near the middle band, with the upper and lower bands narrowing, indicating that the market is in an accumulation and consolidation structure. On the four-hour timeframe, the short-term moving averages remain in bullish alignment. Price can recover after pulling back to support, showing that the bulls’ underlying support remains intact, but upward momentum is still insufficient. Therefore, the current strategy remains to avoid chasing highs and instead buy on pullbacks. Bitcoin can be bought in the 64,500–64,000 range, with a target around 65,800 Ethereum can be bought in the 1,910–1,880 range, with a target around 1,950#伊朗阿曼同意海峡不收费 $BTC ‌$ETH ‌

HYPE at $54.5 just saw 9.92M tokens unlock and get dumped—did you run? Look at the surface first: bearish factors are piling up, and panic is brewing. Volatility over the past 24 hours has been extremely low, with a high-low range of only 53.7-55.9 and an amplitude of less than 4%. The weekly chart remains weak, down 20%, but the price has already retraced 29% from the ATH of 76.85. This is a typical low-volume bottoming process with bulls and bears locked in a stalemate—not a crash, but the calm before the storm. First: 9.92 million tokens unlocked, but you were scared senseless. Around 9.92 million HYPE tokens unlocked on August 6-7, with the nominal value amplified by the media to several hundred million dollars. The team actually claimed and sold only around $22 million worth, far below the scale anticipated by the market in its panic. Sounds scary? But most of the tokens unlocked in this wave have not moved at all. The media hyped “unlocking” into “dumping”; you panicked and cut your losses, while the real dumpers have yet to appear. Second: You think retail investors are running? Whales are quietly buying the dip. On the day of the unlock: A certain whale withdrew $20 million worth of HYPE from an exchange in a single transaction. Exchange balances continue to decline, while smart money is “buying the dip.” The buyback machine is running, with millions of dollars in daily fee revenue used to buy and burn HYPE on the open market. Third: The buyback machine is devouring supply while you are still staring at the chart. As of August, cumulative HYPE buybacks and burns had reached 4.75% of the maximum supply: Around $15,000-$1.8 million in fee revenue every day, with 97% used directly to buy back and burn HYPE. Annualized buybacks have reached more than $500 million. Starting in late August, a larger portion of the USDC reserve yield will flow into the Assistance Fund’s HYPE-buying program. The tokens you panic-sold were bought back with protocol revenue and then permanently destroyed. This is a deflationary flywheel with built-in buying pressure—the higher the trading volume, the more buybacks, and the lower the circulating supply. Bulls vs. bears—you decide On one side: The bearish impact of the unlock has materialized, with selling pressure proving to be far smaller than expected. The buyback flywheel continues to operate, injecting millions of dollars in buying pressure every day. Whales are withdrawing tokens from exchanges, while smart money is accumulating. RSI is neutral to low, MACD is showing a divergence, and there are signs of an attempted breakout of the descending trendline. On the other side: The monthly chart is still down 20%, and the weekly chart remains weak. HYPE-related ETFs/ETPs have seen consecutive days of outflows. JPMorgan has warned that competition with SOL/XRP is intensifying. If BTC loses 64k, HYPE will most likely follow it lower. Key levels Upside resistance: 55.5-57.8 → 60-61 → 66 (medium-term target) Downside support: 53.3-53.7 (short-term line in the sand) → 50-53 (iron-bottom demand zone) → a break below 50 would mean a deeper pullback Trading strategy Short-term traders: Go long with light, staggered positions at 53.5-54.5, with a stop-loss below 52.5-53. Take partial profits at 55.5-56.5, with a second target of 57.5-58.5 and a more distant target above 60. Aggressive traders: If it breaks above 55.75 on strong volume and holds, add to the position and chase the move, with a stop-loss at 54. Bearish approach: Only lightly short after a clear, confirmed high-volume break below 53.7, targeting 50-51, with a stop-loss above 55. Swing/long-term traders: Accumulate in batches below 54, using the simple “buy when it drops” method, targeting 60+ or even 66+. The prerequisite is that you can hold. All known bearish factors have already been reflected in the 54.5 price. The low-volume sideways movement after a 29% pullback is not a distribution zone, but an accumulation zone. Stop waiting for the “absolute bottom”—you cannot catch the exact bottom, but you can buy in the “bottoming zone.” HYPE now looks like SOL trading around $20 in the summer of 2023— 99% of people thought “it has risen too much and will go to zero,” but it later rose tenfold. On the day 55 breaks out, you will realize: It was not that HYPE was no good; it was that you handed over your tokens in panic every time. Did you run when the tokens unlocked? At 54.5, do you dare buy the dip? #非农爆雷降息预期逆转 #周末行情分析 #美国ADP就业仅增4.4万 $BTC $ETH $HYPE

$ETH @ETF Ignore S or L positions; they’re a money-stealing trap. I’m giving you 3 coins—accumulate them: 1. Hamster 🐹 Kombat 2. Pepe 3. PL Network Accumulate them and be patient.