Bitcoin High Wire Act: Tonight's Ultimate Showdown

Friends, stay alert! Bitcoin is currently bouncing between $93K and $95K like a life-or-death bungee jump, with the market manipulators controlling it more tightly than a mother-in-law checking her son-in-law's phone.

Three Time Bombs on the Chart

1. BOLL Channel in a Prisoner's Dilemma: The price is stuck between $93K and $95K, with the manipulators burying a massive short position at $95.5K. Pay attention to this level, which formed a descending trendline with last month's crash point at $97.8K; a breakout is necessary to open up the $100K space, otherwise, we might replicate the $3000 waterfall from May 6.

2. MACD's Death Cross: Although the red bars are still holding on, the fast and slow lines have crossed in the +12 zone, like twisting an ankle in the final sprint of a marathon. Particularly, this morning's 4-hour chart showed a failed bullish divergence, with the bearish momentum bar expanding to -28 degrees, ready to replicate the explosive drop from May 6 at any moment.

3. News Clash of Titans: BlackRock ETF saw a net inflow of $3 billion this week, but El Salvador's $370 million Bitcoin reserves could crash at any time. More excitingly, the Federal Reserve will make a statement at 2 AM tonight, with the market predicting a 68% chance of an interest rate hike, which is more thrilling than a mother-in-law's surprise check-in.

Survival Tips for Old Hands

Spot traders should focus on the $93K defense line, where 28,000 BTC buy orders have been detected on-chain. If it breaks down significantly, $91.7K is the real bottom; don’t believe in the mythical support at $88K, that’s ancient history for 2024.

Contract traders, remember not to chase prices above $95K; the manipulators buried a historical liquidation wall at $95.5K. Wait for a clear breakout above $96K before entering on the right side; it’s better to earn less than to become cannon fodder—those who were liquidated at $96,600 the other day are now lining up on the roof.

Everyone, load your bullets! If heavy institutional orders appear in the $91.7K-$92.4K range, if it drops to this level, close your eyes and buy in with 30% of your capital. Remember to enter in two batches, leaving enough ammunition for a second dip.

Are you stuck? When to buy the dip? As always, if you're confused and helpless about what to do, click on the profile and comment. I need fans, and you need references.

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