$BTC is still tight, the MACD green bars are wilted like old leeks that have been cut three times. But don’t panic! Arizona has just made Bitcoin a state reserve, BlackRock ETF funds poured in $3 billion in a single day, and the dogs' underwear is almost being stripped off by institutions—on the surface, it looks like a fluctuation, but behind the scenes, it’s all quantum entanglement between Wall Street and mining tycoons. Ordinary investors need to focus on the following two points:

1. Countdown to a trend change: the dogs' "three-body water droplet"

The 4-hour level has formed a "water droplet triangle": the upper edge at 95000 is the Fibonacci 50% resistance level + the dogs' pinning area, the lower edge at 94000 is pinned by the April 25 low and the middle track of the Bollinger Bands as double insurance, with the EMA7 moving average acting as a hidden weapon in between. The spike from 93300 to 95000 this morning shows the heat map displaying liquidation orders smashed flat like being hit by a two-way foil— the operators aren’t even pretending, just directly slicing leeks with laser swords. The MACD fast and slow lines are playing a "two-person turn" underwater, and the trading volume shrank to 6875, resembling a scene of constipation, but tonight at 8:30, the U.S. core PCE data is that "skyrocket".