Bitcoin is fluctuating at a high position! This operation can help you withdraw safely!
Bitcoin surged to $111,800 this morning before plummeting, now stuck around $110,000 with intense back-and-forth trading! The Federal Reserve hinted at a possible interest rate cut in September, and with a certain exchange blowing up over $320 million in long positions late at night, there are definitely some tricks in this market!
Pay close attention to these dangerous signals:
BOLL indicator mouth wide open: The price is moving along the upper band, but the 4-hour line frequently spikes, indicating that large funds are setting traps above $110,000; chasing highs will certainly get you buried!
MACD top divergence: Exactly the same as the trend before the crash on May 9, the main force may be luring in buyers!
Practical solutions for getting unstuck:
For those who bought at the high of $110,000:
→ Sell half when it rebounds to $111,000, keep the other half and set a sell order at $113,000 to ensure profits.
→ If it drops below $108,000, immediately cut losses and switch to USDT to save your life.
For those who bought at the bottom of $93,000:
→ Now the profit is over 20%, quickly sell 70% to secure the gains and keep a small position to bet on $120,000.
→ Remember: The money that hasn't been sold is just numbers!
For those who are waiting to enter the market:
→ Set a buy order at $105,000 for spot trading, withdraw immediately if it breaks $102,000.
Bloody lessons:
On May 12, the same situation occurred, with Bitcoin crashing from $109,000 to $93,000 in an instant, $800 million in contracts were liquidated! History doesn't repeat itself, but the patterns are always similar.
Final warning:
Bull markets drive people crazy, but madness leads to death! If you want to catch a hundredfold coin and follow daily strategies, follow me to avoid getting lost!
Intraday: BTC
