Speech community live broadcast: September interest rate hike is imminent, BTC breaks through 112000 against the trend! Is it a trap or a pie?

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Despite the widespread expectation in the market that the Federal Reserve may usher in a new round of interest rate hikes in September, and the global macro environment is shrouded in the shadow of tightening, Bitcoin broke through $112000 against the trend this morning, once again triggering intense market debate: is this rise a bull market trap or the beginning of a new round of market trends? Breaking through against the trend, capital undercurrents surging Under the expectation of widespread pressure on traditional high-risk assets, BTC's strong performance is particularly prominent. In addition to technical buying support, the sustained allocation of institutional funds in recent times remains a key factor in the driving force behind it. Data shows that the Grayscale spot Bitcoin ETF saw a net inflow of $28.8 million yesterday, and consecutive weeks of capital inflows indicate that large investors have not backed down due to expectations of interest rate hikes, but have gradually increased their allocation. The 'Trap' Theory: Beware of the September Historical Curse The bearish view is clear: September has always been the traditional off-season for cryptocurrencies, and coupled with the possibility of interest rate hikes by the Federal Reserve, liquidity tightening may become the last straw to crush the market. On chain data also shows that some whale addresses have slightly reduced their holdings after price increases, leading to a rise in short-term profit taking sentiment. Once $112000 cannot effectively stabilize, the risk of a pullback cannot be ignored - the key support below is at $108000, and may even test the psychological level of $100000. The 'Pie' Theory: Institutions Support Bottom, Bull Market Pattern Remains Unchanged Optimists believe that the market has already digested the expectation of interest rate hikes in advance. The recent counter macro rise of Bitcoin precisely proves its increasingly strong safe haven nature and position as a safe haven for funds. Unlike the sharp decline during the 2022 tightening cycle, Bitcoin has consistently received strong institutional buying support in this round. Some analysts have pointed out that as long as the mid to long term support of $98000-100000 remains intact, the upward trend will still be intact, and this breakthrough may be an important signal for the high before the impact. Where do investors go from here The market is evolving amidst differences. Investors are advised to avoid blindly chasing high prices and closely monitor three signals: The Federal Reserve's September interest rate decision (whether it exceeded expectations of hawkish); Can BTC stabilize at $112000 for three consecutive days; Whether the fund flow of ETFs such as Grayscale continues to be positive. Short term market sentiment fluctuations are amplified, but in the long run, Bitcoin is gradually entering a new stage of "institutionalized bull market" - there are opportunities in volatility, but calm is needed in madness. Operation suggestion: - BTC 111500 long first target to see 112595 second target to see 113680; ETH 4405 long, first target is 4480, second target is 4540. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.