Looking at this four-hour chart feels like watching a countdown to death! Bitcoin is currently pretending to rise by 0.88% at $107,985, while the bears have their knives ready at the necks of the retail investors!
First Strike: Moving Averages Guillotine Opens
The 7-day and 30-day moving averages have merged into a meat grinder, with EMA double lines welding the coffin shut. In plain terms: the bulls are now walking a tightrope over a cliff, and the bears can trigger an avalanche with just a stone!
Second Strike: MACD Kills with a Vengeance
DIF is violently pushing up against DEA, with red bars thick enough to pierce through flesh. Just like on May 16, Bitcoin surged by $3,000 in half an hour, and the bear corpses are still lined up on the rooftop!
Third Strike: Trading Volume Dance on the Grave
6,727 Bitcoins traded under the guise of a surge, with 23,000 sell orders blocking the way at $108,000. This is like loading blank rounds into a submachine gun— the bears are just waiting for fools to rush in and hand over their heads!
Deadly Triple Hit
Technical Analysis: Moving averages meat grinder coupled with MACD going berserk, with a bloody bait hanging at $110,000.
Sentiment Analysis: Altcoin chaos, and the market greed index is burning to the point of self-destruction.
Nuclear Explosion Point: $110,000 options slaughterhouse, the sound of bears sharpening their knives can be heard through the screen.
Life-Saving Moves
Spot Traders: $106,294 is the line between life and death! If it breaks, cut losses immediately; hesitate for a second and your account will hit zero!
Contract Traders: $108,000-$110,000 is a mass grave; if you want to die, wait until it stabilizes at $110,000 before accompanying it to the grave.
Newbies: Kneel and wait for a retest of the 30-day moving average at $104,562; chasing highs is equivalent to giving the bears a coffin fund.
The final bloody truth: when the red bars break through 12.26+ and trading volume exceeds 7,000 Bitcoins, this is the slaughter charge! You now have two choices—either be the one holding the knife or the meat on the chopping board!
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment, and let’s traverse the bull market together to seize this major opportunity!
