Currently, the BTC market is oscillating at a high level, like walking on a tightrope,
with large players secretly competing and retail investors must remain calm.
Be cautious of a sharp decrease in trading volume; in the four-hour chart, the volume bars are weak and flaccid, like a crushed can, and the MACD histogram is also continuously narrowing.
Main funds exhibit a strong wait-and-see sentiment, relying only on retail investors is insufficient to support the market, and without volume, it could stall at any moment.
After a sharp rise, a sudden drop occurred, with yesterday's price once dipping to $92,913, and the deep V trend caused many to be shaken out.
Now stuck at $95,000, unable to rise or fall, like a fitness enthusiast suddenly losing strength in their legs.
Last week, when it spiked to $91,400, $800 million in long positions were liquidated within half an hour, serving as a cautionary tale.
For those chasing the rise: first check if it can stabilize above $95,800. The $95,000 - $96,000 range has many buy orders; if there’s no large capital with quick hands, don’t rush in blindly.
For short sellers: closely monitor $93,500, and wait for a volume breakout downwards before acting. A cautionary tale, the US market's late session pushed up and triggered stop-losses, acting recklessly can result in a counterattack.
Pay close attention to trading volume this afternoon. If the volume continues to shrink, a flat oscillation is highly likely,
Referencing the previous fluctuations between $92,000 - $96,000.
Hold steady with spot, and wait for clear direction before operating with contracts.
Insider risk warning: rumors within the circle suggest institutions are building positions at $95,000 - $96,000, but manipulators often push prices higher to offload.
In March, when it rose to $88,000, exchanges crashed the market in one day causing a drop of 6,000 points, with trend followers becoming cannon fodder.
Follow me, in the crypto world, be the wolf that eats meat,
