The Truth Behind the Wild Surge and Drop! $BTC Giant Whale's 12,000 Bitcoins Abnormal Movement, Is 94k a Trap or Opportunity?
Behind the wild rises and falls lies the silent game of the market—when indicators clash and trading volume hesitates, smart money has already focused on the key watershed.
Today's BTC Four-Hour K-Line Analysis: A Tug-of-War Between Bulls and Bears, Keep an Eye on the 94k Life-and-Death Line, BTC is repeatedly fluctuating around 97,865 at the four-hour level, appearing strong but hiding risks of a reversal. Combined with the latest news and technical indicators, the market has entered a crucial stage of “no break, no establishment”, and everyone needs to be alert to sudden pressures from column forces.
1. Three Groups of Technical Secrets!
1. The MACD indicator shows that DIF (3920) is still above DEA (2215), but the MACD column has turned negative (-3410), and the narrowing of the column indicates a depletion of upward momentum. This “top divergence” structure is a classic correction signal; if DIF crosses below DEA to form a death cross, there is a high probability of a short-term retracement to the 94k support.
2. Trading volume is the biggest hidden danger—actual transactions of 11,200 BTC, only 62% of the estimated volume of 18,000 BTC, with a clear divergence between volume and price. A decrease in volume at high prices is like a “castle in the air,” and a slight increase in selling pressure can trigger a collapse.
3. MA5 (94,200) and MA10 (93,500) are close to the current price; if the price falls below 94k, the short-term moving averages will turn from support to resistance, increasing the downside risk.
2. News Front: The Bull-Bear Showdown Intensifies, On-chain Data Sounds the Alarm
1. On the bullish side, MicroStrategy has once again increased its position by 2,000 BTC, with institutions' “mindless hoarding” strategy supporting bullish confidence.
2. However, the bearish side is even more eye-catching: a certain giant whale transferred 12,000 BTC (approximately 1.17 billion USD) to the exchange.
3. Coupled with the rising expectations of the Federal Reserve's “50 basis point interest rate hike in September,” market panic is spreading. Small retail investors blindly chasing the rise are likely to be double-killed by the bullish and bearish forces.
It should be noted that around 74k, there is an accumulation of over 500,000 BTC low-cost chips on-chain; if it falls to this area, the machines and large players will strongly defend the support, but whether retail investors can withstand the fluctuations in the meantime depends on their position management.
Remember! The more tangled the market, the more calm you need to be! I am Tang Seng, supported by a top-tier team, serving only those with ambition and vision!