$BTC Today is soaring! Is it a dead cross trap or a bull market restart? Bitcoin surprisingly hides three major reversal signals!
The Bitcoin landscape is stirring again, with hidden mysteries in the four-hour K-line! The long and short game is about to ignite, will it break out or pull back? Let's break down today's market.
1. Latest news: On-chain data shows undercurrents
In the early hours of today, on-chain data indicated that a certain whale address transferred 3,200 BTC to exchanges, raising concerns about selling pressure; however, institutional wallets are simultaneously accumulating, with a net inflow of 12,000 BTC in a single day, setting a new weekly high. The battle between bulls and bears is fierce, and the market is about to move!
2. Three major technical tricks!
1. Volume signal: Actual volume (46,000) VS Estimated volume (65,000): Market enthusiasm is insufficient, and the main players are in a wait-and-see mood. If the volume breaks 50,000 in the afternoon, a violent rally is possible; if it remains below 50,000, a sideways movement is highly likely! On-chain supplement: Net inflow to exchanges increased by 15% week-on-week, be wary of the main players using news to dump and wash.
2. Moving average game: A smokescreen of death cross? MA5 (31,000) dead crossing MA10 (32,000): A superficial pullback signal, but if the price stabilizes above 32,000, the dead cross may become a trap for shorts. Recently, BTC has repeatedly “faked out before counterattacking,” the key is whether it can hold above 32,000.
3. MACD mystery: Bulls at the end of their strength? DIF (520) is high, MACD bars (620) are expanding: Although the red bars are high, the price has not broken the previous high, be cautious of top divergence risks. If DIF crosses below DEA (250), a pullback signal will be confirmed.
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