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Bitcoin is playing a high-stakes game! What strategies are hidden behind the wild fluctuations?
Bitcoin has surged from $102,450 all the way to nearly $112,000. On the surface, the momentum looks strong, but a closer look reveals many hidden dangers! Yesterday, it suddenly plummeted by 2,000 points, clearly indicating that large players are taking the opportunity to dump and harvest profits. The current position feels like walking a tightrope, it could collapse at any moment!
Key Signal Analysis
Current Situation
The price is hovering around $112,000, struggling to move up or down. In the short term, it may pretend to spike to the $115,000-$113,500 range to lure in buyers, but it's most likely a false breakout, luring retail investors in only to crash back down to $112,000.
Technical Warning
RSI Overheated: The 4-hour RSI indicator has already turned upwards, but historically, after such a sharp rise, a correction is inevitable within 12-16 hours. Don't be fooled by a 'technical rebound'!
Volume Trap: This recent surge had no real volume increase, relying purely on futures leverage. Once retail investors follow the trend, the manipulators could trigger a liquidation.
End-of-Month Time Bomb
The end of the month has always been a point for institutions to adjust their positions. Coupled with this prolonged sideways trend, if large players collectively take profits, prices could drop to $105,000 or even lower in a matter of minutes. Chasing the rise now is like playing with fire!
Personal Operation Advice
Better to miss out than to make a mistake: Above $115,000 is all a high-pressure zone. Don't get too excited about the rise; it can flip and crash at any time.
Always have a stop-loss: If you're determined to play short-term, cut losses immediately if it drops below $110,000. Don't believe in 'long-term faith'.
Wait for a golden opportunity: If you really want to buy the dip, wait until it falls to around $105,000 to enter in batches; otherwise, you're likely to become cannon fodder.
Final Warning: At the end of a bull market, sharp rises are skilled at luring people in. Remember - the candlestick charts of manipulators are all fabricated, but your money is real!
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