BTC Today's Market Update!

This market is like waiting for a flight while scrolling Douyin at a high-speed train station! My hands are tired from scrolling, but whether the flight will come or not, no one knows.

​​First, let’s talk about the current situation​​:

Both bulls and bears are fighting fiercely at the mahjong table between 92,953 and 95,490, with the U.S. core PCE data for March about to be released at 22:00. This is equivalent to handing the Federal Reserve a club—right now, the market predicts a 60.2% chance of a rate cut in June. BlackRock’s ETF has quietly absorbed some new capital, and large investors are subtly propping up the market, resembling a barbecue stall owner secretly sprinkling salt on the charcoal to prevent moisture.

​​Three Major Technical Secrets​​:

​​Bollinger Bands Playing Tricks​​: The upper band at 95,400 is like a noose, while the lower band at 92,500 is like a stepping stone, with prices stuck in the middle like bystanders—currently, the main players are even more conflicted than a square dancing leader, afraid to charge in for fear of a bear market, and afraid to drop down for fear of institutional bottom fishing.

24​​-Hour Moving Average Team Building Scene​​: The 5-hour and 30-hour lines twisted together like a Tianjin twist, even the short-term moving averages can’t hold steady; large funds are now more zen than those scrambling for tickets during the Spring Festival travel rush.

Trading Volume Horror Film​​: With a trading volume of 26,000M, it’s as packed as the morning rush hour subway, yet the price only moved by 0.59%. This clearly indicates that the big players are playing a massive chip relocation game, just like the washout tactics from early April.

​​Operating Guide​​:

​​Fidgety Traders​​: Use 3% of your position to trade high and low between 93,500 and 95,200; if it breaks below 92,700, just pack up and leave. Big Investor Strategy​​: Focus on the critical line at 92,500.

Heartfelt Thoughts​​:

Last Friday, a friend went all-in at 94,000, but then an unexpected turn in Iran nuclear talks caused the price to crash through 90,000 in two hours. That guy is still up on the rooftop eating instant noodles. Remember, in this market, making random moves is more dangerous than being stuck, just like flipping meat too much while barbecuing—everything falls into the charcoal.

I am Ji Xin, follow me for top-tier team support, serving only ambitious madmen.

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