The dog house has finally taken action! The recent breakthrough of Bitcoin at 104,000 is definitely not a coincidence, take a look at these details:
1. At the moment of the breakthrough, $80 million in short positions were liquidated, clearly calculated to hit the liquidation point.
2. A 24-hour increase of only 0.63%? This is a typical high-level control method, exactly the same trick as when it broke the previous high in 2021.
3. The daily MACD has already golden crossed, but the 4-hour RSI is overbought— the main players are playing with fire, and could reverse and crash the market at any time.
The key is whether it can hold the Fibonacci retracement level of 103,800. If it can maintain this level, the next target is directly at 105,500; if it can't hold, a 15-minute level spike will happen immediately! Those in futures trading with more than 5x leverage are just asking to lose, hold your spot and don’t get left behind!
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$BTC
