59,627,193,999 giant whale devours 9,400 pieces! Is 10.77 the dawn or the gray light? Today, the battle between bulls and bears determines life and death!
Bitcoin is stuck at 106,000 playing sit-ups—Is the main force drawing the door to cut leeks, or are both sides pretending to be dead before the decisive battle?
Market Express: Prices have narrowed down to a line, both bulls and bears are waiting for the starting gun!
Currently, BTC is hovering around 106,000 USD, down nearly 15% from the previous high of 107,000 USD, with the six-hour K-line repeatedly drawing the door in the 105,000-101,000 USD range. Key detail: Three consecutive K-lines with long lower shadows indicate that there is capital firmly defending 107,000, but the upper side is pressed down by moving averages.
1. Latest news!
The latest on-chain data adds fuel to the fire: According to Glassnode monitoring, in the past 24 hours, whales have increased their holdings by 9,400 BTC, and the net outflow from exchanges has surged by 180%.
2. Technical analysis!
1. Volume analysis: The market is so cold that one could make ice chips, with the current trading volume at 24,000, directly knee-capping compared to the 5-day and 10-day moving averages.
2. MACD indicator: The death cross lights up red, but the bulls still want to struggle. The DIF crosses below the DEA, and the MACD red bars shrink to 439, with bearish momentum weakening, and bulls attempting a counterattack.
3. Moving average suppression: A rebound? First, overcome two big mountains! MA5 and MA10 are like two guillotines hanging over the head, with prices unable to even touch the moving averages during the rebound, a typical moving average pressure, rising in vain.
I am Chan Zhong Tan Zen, supported by a top team, serving only those with vision and ambition!
0914433487515907795755
733551063687116384654633316373827
83840632458
09194326458
21179211091