Is BTC hitting 100k tonight jumping off a rooftop or popping champagne?
This market is more thrilling than a punchline from the De Yun Society! The current trend has followed the trajectory I predicted yesterday, but Bitcoin this morning painted a “golden pie” of 97k for the bulls, only to smash through the 96k floor, vividly reenacting the crypto version of 'The Disappearing Support Level'.
The doge's 'door god painting technique' has been perfected, the Bollinger Bands' mouth just opened before being forced shut, resembling a choking screaming chicken— the upper band at 97k is welded tighter than Iron Man's armor, the middle band at 96.5k is grinding back and forth, and the MACD lines are pretending to sleep, with green bars shrinking more than a programmer's hairline.
On-chain, three giant whales stuffed 9,200 BTC into exchanges, a move comparable to pouring ice cola into hot pot— the CME futures premium rate has even dropped into negative numbers, clearly indicating the doge has buried a series of mines below 98k. But don’t panic! Trump's tax cuts and the Fed's 68% interest rate cut expectation are waiting in the wings; if these two 'cash power add-ons' go live, traditional funds rushing into the crypto space will be faster than grandmas snatching eggs!
Tonight, focus on three critical checkpoints:
97k Pressure Cooker: The high point from the morning spike, breaking through relies on whales increasing holdings + ETF funds recovering, as difficult as getting a homebody to go out and socialize.
96.5k Lifeline: The 200 moving average on the 4-hour chart + the double buff of the Bollinger middle band, breaking below triggers the “95200 find mom mode” directly.
95.5k Mysterious Bottom: The lower edge of the ascending channel on the daily chart, warriors with open orders are advised to move their stop loss to 94.8k, after all, the doge loves to use spikes to harvest the naive.
If you ask me, this market feels like dancing in a nightclub— you think the doge is DJing, but in reality, they are setting up formations. The 21,000 BTC hoarded by on-chain whales isn't for being the crypto lucky fish; with interest rate cut expectations plus ETF inflows as the double turbo, the chance of hitting 100k in May is higher than a programmer finding a girlfriend. Remember, in the crypto space, you may not believe in candlestick patterns, but you must believe in the supernatural!
Tonight, the US stock market opening is a countdown to a carnival, will we pop champagne after breaking 100k, or jump off the rooftop if it drops below 95k?
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