Leverage traders beware! $BTC 93100 dollars become the line of life and death!
The Bitcoin market is completely swayed by emotions, oscillating in the $94,000-$95,000 range, actually manipulated by Trump's remarks and the Fed's PCE data.
High interest rates of 4.5% lock in incremental funds, on-chain large transfer volumes plummet by 42%, and the market makers are struggling to push prices up.
With US stocks closed over the weekend, market makers may launch a surprise attack. There are 18,000 BTC short positions piled up at the $96,400 resistance level. If the PCE data surprises negatively next Monday, the $93,100 support level may not hold, potentially triggering a liquidation for the bulls.
Altcoins follow Bitcoin's fluctuations, with ETH, SOL, and others showing less than 3% volatility in 24 hours, indicating a lack of market-making momentum. The current market is waiting for new developments from Trump or the Fed; in an emotional market, one needs to run fast, as history shows that it is easy to plummet after a sideways market.
Currently, the upward trend shows persistence; one can wait for a pullback price to continue positioning.
Continue to lay out strong altcoins; those who want to keep up should follow the message 111 led by Wu Chang!
