This market trend is like a fully drawn bowstring, just waiting for old Powell of the Federal Reserve to release it!
The market is turbulent, prices stuck above the midline like walking on a tightrope.
It seems to have support, but it could change at any moment. 😕😕
The DIF and DEA lines are "dancing closely" above the zero axis.
A death cross is faintly appearing; red bars are shrinking while green bars peek out, clearly indicating that the bulls are running out of strength.
What's even more exciting is that the KDJ is dulling at a high position, and the RSI is on the verge of collapse.
The key script has already been written:
Above, the dragon-slaying sword: 97800-98300 hides 420 million in short liquidation orders. If the main force has any bad intentions, they will first release a "dovish smoke bomb" to lure in the bulls, and after a wave of short squeezes, they will turn around and smash the market with hawkish moves.
Below, the guillotine: 95500 is lurking with 570 million bullish liquidation orders; this position is simply a "buffet feast" in the eyes of the main force.
If old Powell plays the "dove first, then hawk" routine, tonight's waterfall will turn into a river of blood.
My bullets are already loaded:
Place short orders in the 97300-97800 range, with the first target at 95700 (if it breaks, look to 94700).
If the main force really plays the "pig-killing game," 93500 will be the end of the feast!
Ethereum is shaking for a day, turning into a muggle, going nowhere.
Stay close to @趋势king !!! A major market movement is about to break out.
Pay attention today: LAYER SUI LTC