Yesterday, Bitcoin’s overall price action was still quite volatile, basically oscillating around 77,500–76,800 during the daytime session, with bulls and bears going back and forth! After the evening data release, it first fell and then rose before dropping again. Neither side managed to sustain the move, and the price has continued to hover around 77,300, just as it did during yesterday’s daytime session! Many friends got trapped at the highs during the repeated whipsaws, meaning the coin price barely changed while their account funds disappeared! All the real-time trades we gave yesterday were profitable; you can review yesterday’s article for the results! Today is Saturday, and the overall pace will most likely remain range-bound, but the trend is a narrow downward oscillation. Across the market, the highs are gradually moving lower. The bottom structure on the 4-hour chart has been completed, showing signs of a rebound, but bullish momentum has only just emerged and could be extinguished at any time! For intraday trading, we will still follow a sell-the-rally approach, considering short positions only after a rebound to around 77,900! This was the point where the bears exerted strength early this morning! The target can be set at a new low! Friends trapped in positions early this morning can send a screenshot for free advice and free help exiting the position! #CoinDesk披露GateRWA永续合约全球Top3 $BTC

Goldman Sachs’ View Shifts Sharply! September Rate Hike Expectations Surge, Putting the Crypto Market to the Test! U.S. inflation data came in above market expectations, prompting Wall Street investment bank Goldman Sachs to directly revise its Federal Reserve rate outlook. Its previous view of keeping rates unchanged has been revised to expect a 25-basis-point rate hike at the September policy meeting, putting considerable pressure on the crypto market. According to publicly available information, the U.S. CPI inflation data released last Friday was higher than market estimates. After the data was released, market trading showed that the probability of a September Fed rate hike rose rapidly, approaching 90%. The Goldman Sachs economics team subsequently updated its research report. Chief U.S. economist David Mericle said it expects a 25-basis-point rate hike after the two-day FOMC meeting concludes on September 16, whereas the institution had previously expected rates to remain unchanged. The crypto market is a typical risk asset, with its performance heavily influenced by the dollar liquidity environment. Once a rate hike is implemented, higher returns on the dollar and U.S. Treasury bonds will lead funds to favor safe-haven assets and flow out of the high-risk crypto sector. For the crypto market, Bitcoin will be the first to come under pressure from capital outflows, dragging the broader market into a correction. Altcoins tend to experience larger price swings, while the risk of forced liquidations in leveraged trading markets will also increase. However, institutional forecasts do not equal the final policy outcome. Although rate hike expectations are currently elevated, they are only projections based on existing economic data. The Federal Reserve will consider multiple indicators, including inflation and employment, before making its final decision. There is also a possibility that “the negative news will be priced in early, followed by a short-term rebound after the decision is implemented,” so it cannot be directly concluded that the market will continue falling in one direction. As the policy meeting approaches, the entire crypto market is entering a period of high volatility. Every piece of U.S. economic data will disturb market sentiment. Ordinary investors should avoid blindly bottom-fishing or chasing rallies, while leveraged positions require even more careful risk management. Two major areas warrant continued attention going forward. First, the latest U.S. economic statistics could alter rate hike probabilities at any time. Second, the statements released by the Federal Reserve at its meeting will determine the crypto market’s overall direction for a period ahead. Everything should be based on the official final decision. Risk warning: This article provides only an objective interpretation of market information and does not constitute any investment advice. Crypto assets carry high volatility risks, so please view market conditions rationally. #8月核心CPI超预期 $BTC ‌

Sep 12 $BTC Comprehensive Market Analysis News: The primary cause is inflation, not an on-chain incident. August PPI rose 5.4% year-on-year (forecast: 5.3%), while core CPI rose 0.3% month-on-month (forecast: 0.2%). Oil prices briefly broke above $100, and the 10-year U.S. Treasury yield approached 4.94%. CME data shows an approximately 85%–89% probability of a 25 bp rate hike on September 15–16 Approximately 4,000 BTC were stolen from the Liquid sidechain; about 3,400 BTC have been returned, while approximately 598.5 BTC remain withheld Blockstream refused to pay the ransom. The mainnet remains unaffected, but sentiment is negative. Options worth approximately $252 million expired that day, with BTC max pain at approximately $78,000. Funding: U.S. spot ETFs saw outflows for three consecutive days from September 8 to September 10: -$47 million / -$120 million / -$283 million, totaling approximately -$449 million. Net inflows for September to date remain approximately +$320 million, with cumulative inflows of approximately +$55.2 billion Total market futures OI fell from $62.4 billion to $59.5 billion; the funding rate was approximately +0.0036%/8h, indicating no overcrowding. Friday liquidations were mainly long positions. The Fear and Greed Index fell from 74 to 56 Technical analysis: Yesterday's move was driven by the news, but it resulted in a false breakout and failed to establish a firm foothold above the $80,000 level. The market remains within the $76,000–$82,300 range, with $76,000 as the defense level. If this level is breached, the range would shift to approximately $67,000–$72,000 $76,500 is the short-term dividing line. If it holds and price recovers $78,700, the first target is $80,000; the base case is for $76,500–$78,500 from the weekend through Monday, awaiting the FOMC.