Is BTC 100,000 USD within reach? Where is the reaper's sickle hidden among the clouds?
As the market opened in the early session, the Bitcoin price played the 'collapse of faith' trick, with a sharp drop from the high of 94860 directly piercing the previous low. The big bearish candle on the K-line chart seems to mock the naïveté of bottom-fishers. The current price is repeatedly bouncing between the lower and middle bands of the Bollinger Bands, with the mid-band at 94867 becoming the 'seal line' of the market manipulators, stuck between going up and down, resembling a fish being pressed on the chopping board - the more it flops, the closer it is to the pot.
1. Long and Short Contest: Who is operating behind the scenes?
The MACD death cross shines in green, and the DIF is being rubbed against the ground by the DEA. The alternating red and green K-lines on the chart resemble the 'dance floor' of market manipulators. Don't be fooled by the current low-volume and gently declining market; on-chain data is surging with hidden currents - whales are frantically buying near 93000, and ETF funds are rushing in as if money is no object, dumping 2.76 billion USD over five days, as if to say: 'Drop? Not happening, I’m picking up blood-stained chips!'
2. Whale Movements: What are the big players' hidden cards?
The four-hour ascending channel hasn't completely cooled down yet, but the 'pressure cooker zone' between 95200-95800 has the bulls shaking their heads. No volume to support it? Even a touch will cost a layer of skin. The support at 93600 is the 'coffin board' of the daily EMA7; can't hold it? Congratulations, the gap at 92800 is waiting with its huge mouth open for you to jump in.
3. Spike Warning: The malicious fun of market manipulators
① In the current market, the reaper's sickle has been sharpened, just waiting for some unfortunate soul to sprinkle salt on the 'line of life and death' at 94500. If it truly breaks out with volume? The psychological defense line at 94000 could disintegrate in an instant. But don't forget, market manipulators love to play 'spike acrobatics' at key positions, exploding shorts one moment and then longs the next, the contract party's ECG is even more thrilling than the K-line.
② Federal Reserve interest rate cuts: Chronic poison or life-saving elixir?
③ The bulls only have two cards: ETF support and a 58% mystical probability of a rate cut in June, but unfortunately, both are 'boiling a frog in warm water' and can't drive a violent rally. The bears, however, are well-stocked with ammunition - MACD death cross, four-hour top divergence, and contract leverage piling up like a mountain; throwing a match could trigger a stampede.
Feeling confused? The tricks of market manipulators are harder to guess than a mother-in-law's thoughts!
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