$SIGN Today's market sees intense tug-of-war between bulls and bears
Prices have been repeatedly squeezed at the 0.10287 position, with 327 spiky K-lines densely packed within a 1.91% fluctuation range. In the early session, taking advantage of market pullback momentum, the whale used 72,000 chips to create a false appearance of volume increase, peaking at 0.10925 before immediately selling back 31,000 chips to suppress prices, resulting in a tombstone line with hourly trading volume accounting for 43%, directly validating the strength of previous high pressure. Although the technical indicators show a golden cross for the yellow and white lines, the purple 144 moving average has flattened out at the 0.10468 position, and the MACD fast and slow lines continue to entangle below water, making the technical divergence signal increasingly evident.
On-chain monitoring shows that the top ten addresses have net transferred 220,000 SIGN to exchanges today, including a single transfer of 80,000 at 13:07 hitting the key support at 0.10633, causing the OBV energy wave to decline continuously for four hours. It is worth noting the liquidation data: 413,000 short positions are lurking below 0.10363, concentrated in the 80-point range above 0.09231, forming a potential targeted explosion goal for the whale. The minute chart's volume structure shows a clear gap, with the first hour's trading volume accounting for 43% and the following four hours only 21%, creating a divergence that requires caution against extreme price spikes.
In terms of operations, closely monitor the 0.10363 bull-bear dividing line, which is supported by both the weekly ascending trend line and the Fibonacci 38.2% retracement level. If this position is breached with significant volume, caution should be taken against the whale utilizing 357,000 short positions to implement a liquidation drive.
Currently, avoid the 0.10468-0.10633 oscillation range, with special attention to abnormal fluctuations during the 17:00 contract rollover period, where historical volatility reaches 3.8 times the daily average. Aggressive players may position long near 0.09150, corresponding to the 2% position below 0.09231, with strict 1.5% stop-loss protection.
The market's greed-fear index has dropped to 28, and holders are advised to control their positions below 40%, waiting for a clear directional signal at the daily level.
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