$PI has huge breakout potential, coupled with a bullish market; with a short-term target of $0.1, get ready for many coins to pump. $BTC is showing a positive sideways pattern and will continue rising if this continues, meaning a bull market is right before our eyes, peaking in the new year of 2027. Now is the right time to accumulate.

After Bitcoin’s overnight surge, will its price continue to rise or pull back from here? Let’s discuss. Looking at the chart, after a rally, Bitcoin’s previous resistance has turned into strong support. 68,000 has become the key defensive position for the bulls in this round. The bullish trend is continuing, and as long as the pullback holds above support, there is still momentum for further gains. The pullback is a shakeout and accumulation phase during the uptrend, not a trend reversal. Key levels: Core support at 68,000, a heavily defended area with concentrated positions; as long as this level holds, the bullish structure remains unchanged. The first resistance above is 69,500, with stronger resistance at 71,000–72,000. A breakout on rising volume will open up greater upside potential. Trading approach Consider gradually building long positions near the 68,000 support on a pullback, with defense placed below support. The initial short-term target is 69,500, and after holding above it, look higher toward 71,000–72,000. $BTC $ETH #BTC升破70000美元日内涨幅8.3%

How $4 Billion Triggered $1.44 Billion in Liquidations: The Extreme Transmission from U.S. Treasuries to BTC On August 19, Bitcoin surged from $64,000 to $69,500. In 24 hours, $1.44 billion in short positions were liquidated. The short-to-long liquidation ratio was 8.6:1. Ethereum surged 19% simultaneously. Gold jumped 4.3% in a single day, breaking above $4,500. And the starting point of all this was an seemingly unrelated announcement— The U.S. Treasury announced that it would increase the size of long-term Treasury buybacks from $2 billion per operation to at least $4 billion. $4 billion, in the $32 trillion tradable U.S. Treasury market, is not even a ripple. But how did the market react? The 30-year U.S. Treasury yield plunged from 5.34% to 5.18%. Bitcoin rose 8%+. $1.44 billion in short positions were liquidated. A $4 billion signal triggered $1.44 billion in liquidations. This is not magic. This is the mathematics of leveraged markets. First step: The Treasury fired a signal flare for “mini-QE” The Treasury did not say it would print money. It merely said: “I want to buy some long-term bonds and help absorb the market’s supply.” But the market understood the subtext: “Long-term yields are too high. I don’t like it. I’m going to push them down.” The 30-year yield had previously surged to 5.337%, its highest level since 2007. The 10-year yield was also at a multiyear high. The Treasury intervened not to rescue the market, but to rescue itself. But the market did not care about that distinction. The “Treasury put” script was already familiar to the market. Second step: Long-term Treasury yields plunge → the “valuation anchor” for global assets loosens Long-term yields are the pricing anchor for all global risk assets. When the anchor drops, all the boats rise together. U.S. stocks rose politely. Gold violently rebounded 4.3%. What about Bitcoin? It took off directly. Third step: BTC shorts were precisely targeted This was the most exciting part. Shorts had piled up huge positions around $65,000. A short position of 1,800 BTC, worth $125 million, opened at $63,991 was directly liquidated, resulting in a loss of $2.92 million. Short liquidations = shorts must buy to close their positions = buy orders flood in = prices continue to rise = more shorts are liquidated. Reflexivity. That is why it took only one night to go from $64,000 to $69,500. It was not that longs were too strong, but that shorts were too crowded. $4 billion triggered $1.44 billion in liquidations. This is how unreasonable leveraged markets can be. But Treasury buybacks are not QE. They do not print money or expand the balance sheet; they are merely a contest over existing liquidity. The 30-year yield fell from 5.34% to 5.18%, a decline of just 16 basis points. If inflation data exceeds expectations tomorrow or debt issuance surges, those 16 basis points could return in a single day. At that point, all the assets that rose today on the “Treasury put” will give back twice as much. The new rules officially take effect on September 9. Before November 4, the Treasury will have at least eight buyback windows. At $4 billion each, that amounts to at most $32 billion. Against the $40 trillion U.S. Treasury market, it is not even a rounding error. But the market does not care about absolute values. The market cares about the signal. As long as the signal remains—“the Treasury is willing to intervene in long-term yields”—the risk-reward profile of shorting risk assets changes. But what if the signal disappears?#BTC升破70000美元日内涨幅8.3% #币圈人回归原生家庭 #美财政部回购与豁免信号驱动加密大涨 $BTC $ETH $XAU $SNDK $MU