The calm before the storm? The BTC long-short game enters a critical time window! Remember, bull markets often have sharp declines, and bear markets often have sharp spikes. Manage your stop-loss and watch the show; surviving allows for bottom fishing!
Brothers, today’s market is making my scalp tingle! This morning, BTC was playing a ‘heartbeat chart’ around 28,200, with five-minute candlesticks more tangled than an old lady knitting. But if we carefully peel back the technical aspects, combined with the news that the ‘U.S. SEC postponed the Bitcoin spot ETF decision’ that broke overnight, the undercurrents in this market can't be hidden.
1. MACD underwater golden cross: Is the bull sneaking up or is it a trap to entice buyers?
Right now, the MACD indicator is playing a ‘last-ditch counterattack’—DIF and DEA, this pair of brothers in arms, are still lying below the zero axis, but DIF has quietly crossed above DEA, and the histogram has turned red.
But don’t rush! Look at the on-chain data next door: CryptoQuant just revealed that a whale address transferred 15,000 BTC to exchanges within three hours, clearly indicating that big players are preparing to sell at high rebounds.
2. Trading volume plays the ‘empty city ploy’: Who is the market waiting for to charge?
Today’s trading volume is even quieter than a weekend market! The actual trading volume (2.6 billion) didn’t even touch the estimated volume (4.8 billion), showing that both retail investors and institutions are playing dead.
What’s worse, the funding rate for BTC perpetual contracts on Binance has dropped to -0.018%, with shorts actually starting to pay to push prices down—this is a clear signal of extreme sentiment.
3. Moving average suppression is playing a game of stacking dolls!
Look at the arrangement of these moving averages, MA5 and MA10 are directly towering above like a Mount Wutai, with prices not even touching MA5. More intriguingly, the four-hour MA30 and MA60 have already formed a dead cross pointing downwards, clearly indicating short control in the mid to short-term trend.
However, there's a detail on-chain worth pondering—Bitcoin miners’ holding index has surged 20% within a week, and this group of ‘stingy’ miners has surprisingly started to hold onto their assets! Historical experience shows that miners hoarding often occurs at phase bottoms, but given the current moving average suppression and ETF bearish news, do you dare believe this is the bottom?
I am the lost superpower, supported by a top team, serving only those with vision and ambition!
#BTC #btc走勢 $BTC $ETH
