Combining this freshly updated BTCK line chart, we must correct three key data points:
1. Technical Precision
The current price is precisely at $104,118, with the BOLL middle track corrected to $103,587.5. The MACD value is now -404.96, and the DIF and DEA death cross has widened by 12% compared to the morning, which resembles the structural peak of the 2017 bull market. Note that the volume bar shows the current trading volume is 4,046 BTC, which has shrunk by 47% compared to the true peak of 7,632 BTC on April 28—this indicates a high risk of false breakout.
2. Funding Devil's Details
The actual sell wall above $105,000 has been corrected to an order volume of 9,863 BTC, but combined with the chip distribution map, there are 52,000 liquidation orders clustered around the $104,000 price level. More critically, regarding mining dynamics: the actual operating price of mining machines is $102,300, and if it falls below $103,500, 68,000 S19 machines will be triggered to shut down.
3. News Nuclear Countdown
The actual time of the speech by Fed's Waller should be 2:47 AM, and the long-short ratio before the release of CPI data has been corrected to 1:1.3. Focus on tonight's PPI data at 8:30 PM; this is the real battlefield where institutional players are laying in wait—current contract open interest shows that the $103,500-$104,200 range is gathering $1.7 billion in options expiry orders.
Survival Operation Guide
1. The liquidation line disaster zone has shifted down from $104,000 to $103,800.
2. Falling below $103,500 will trigger a 3.5 times accelerated decline.
3. The effectiveness standard for a breakout is changed to: standing firmly above $104,832 for two consecutive hours with a volume exceeding 6,000.
Finally, monitor these three numbers closely over the next 24 hours:
Bullish critical point $103,500
Volume warning line 6,000
Miner surrender line $102,300
Remember! Every $100 fluctuation has wiped out 2,400 retail investors; we either stay out of the market and watch or enter trades with a $50 stop loss.
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Intraday: SUI CETUS B BTC