The battle to defend $94,000 has begun, with warnings of whale dumping + a double blow from the Federal Reserve's rate hikes!
Currently bouncing around $97,865, it seems strong but actually hides danger!
The MACD indicator shows a "weakening upward momentum" divergence signal, with trading volume nearly 40% less than expected (actual transactions of 11,200 coins vs. an estimated 18,000 coins), and the 5-day and 10-day moving averages are almost touching the current price!
Once it falls below the critical line of $94,000, the short-term moving averages will immediately turn into resistance, and bears might directly dump!
Even more concerning is the on-chain data explosion: a certain whale just stuffed 12,000 BTC (worth $1.17 billion) into the exchange, and if they dump... coupled with the negative news that the Federal Reserve may raise rates by 50 basis points in September, market panic sentiment has reached a peak!
Both bulls and bears are frantically competing at this critical level of $94,000, while there are 500,000 low-cost chips stacked at $74,000 below.
This is the most delicate moment for the market! Want to catch the big moves of the main funds? Want to seize the opportunity before institutions adjust their positions? While others are still watching the candlestick charts, you already know in advance whether the main funds are accumulating or distributing!
#欧盟隐私币禁令 #美国稳定币法案 #币安LaunchpoolSXT
Focus for today: BTC ETH SOL
