5.23 $BTC Survival Guide for the Extraordinary Market! This nuclear-powered rocket shot up to $114,000 and hit the brakes, now bouncing at $112,300 like bungee jumping.
Technical analysis highlights three points:
1. Bollinger Bands Performing Aerial Acrobatics: After breaking through the upper band at $113,285, the price is fluctuating between the middle band at $108,321 and the upper band. Note that the lower band has dropped to $103,358, equivalent to the market creating a slaughterhouse with a 20% range.
2. MACD Drama of Brotherhood Betrayal: The distance between DIF and DEA has widened to $261, marking a three-month high. Referring to the precursor before the April plunge, a difference breaking $300 will definitely lead to bloodshed!
3. Liquidation Graveyard Data Update: There are $4.1 billion in short positions buried in the $108,000-$110,000 range, and the market maker is now specifically hunting for long positions in the $113,800-$114,200 range, with a lowest spike last night hitting $107,250.
News Bombshell Intensifies: Grayscale has actually withdrawn 27,000 BTC, enough to trigger a 15% drop. The SEC is now cracking down with 6 exchanges, three times more ruthless than last year's BUSD incident.
Death Trading Guide: Current spot position is safest at 30%, and for contracts, use the "Heaven and Earth Lock" strategy, placing a long position $500 below the middle band at $108,321 and a short position $615 above the upper band at $113,285.
Remember that the 1-hour RSI is showing a top divergence, and this signal has led to a drop 5 times out of 7 occurrences!
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Pay attention today: SUI B BTC CETUS
