BlackRock aggressively buys 5,613 BTC but is met with a short-seller chokehold; retail investors: I'm in the atmosphere!
Brothers, hold your seeds tight! This morning BTC looked like it was on ecstasy, BlackRock shouted to buy $530 million worth, stacking 5,613 BTC into a mountain. As a result, the shorts quickly pulled out 100,000 contracts to crash the market, pulling the price back to around $102,000; this operation was quicker than a Sichuan opera face change!
1. A classic scene of bulls and bears tearing each other apart
The Bollinger Bands on the four-hour chart are being tightened like a sack, the MACD red bars are shrinking like a mosquito's leg, but the golden cross above the zero line is still holding on—goodness, is this going to be the hardcore plot of 'an old man pushing a cart crashing into a wall'? The daily RSI is brushing against the 70 red line, and 99% of holding addresses are still shouting 'long live the bull market'; $97,000 is the life-and-death line for bulls and bears—are we turning this market into a madhouse?
2. The main players' bizarre operations recorded
Standard Chartered just finished blowing smoke about 'BTC reaching $120,000 in the second quarter', and Tesla's 4.7% stock price increase directly lifted the crypto space, with crypto ETFs pulling in money like a water pump. However, on-chain data is slapping back hard: there are 100,000 contracts of shorts hanging above $103,700, looking like a gift to the short-sellers. In the wee hours, during that spike, who knows how many people pressed 'all in' instead of 'throwing coins'.
3. The confusing showcase of altcoins
PEPE and DOGE, the 'has-been duo', suddenly resurrected, with a 30% increase shaking the pupils of old retail investors. As a result, MEMEFI, this 'local dog', plummeted 62% in 24 hours, crueler than a breakup with a scumbag. Now the market is full of 'wolves in husky skins', and retail investors are chasing the surge all night, inadvertently falling into the 'quantum black hole' dug by the manipulators.
The current market is like a freshly cooked Chongqing hotpot—red soup looks exciting, but all you get is chili powder. Above $103,300, there are all the shorts lying in wait in the 'Heavenly Thunder Array', while below $102,500 hides the bulls' 'escape slide'. Remember: even air coins are playing 'quantum fluctuation flashes' these days, stick close to the main players and don’t fall behind, after all—making money in a bull market relies not on skill, but on sheer luck!
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