Bitcoin Peak Warning! Greed Index Explodes, Prepare to Buy the Dip in July!
Why did I go bullish from $70,000 all the way to $110,000, and suddenly turn bearish? Data doesn't lie; historically, every time the Bitcoin Greed Index hits 85, it crashes. Now it’s only at 75, but the price has already touched $112,000, just a step away from the predicted peak range of $115,000-$120,000!
Key Signal Breakdown
Top-escape Indicator Turns Red
The Greed Index at 75 doesn't seem high, but combined with the price position, it’s already dangerous:
In the previous three bull markets, the Greed Index was around 85 at the peak, but the price increase had already outstripped expectations.
This time, it took only 3 months to surge from $70,000 to $110,000, twice as fast as previous times, clearly driven by leveraged funds, and the foundation is fundamentally unstable!
Fed's Additional Cuts
Interest rate cut expectations have been pushed from March to September, and may even be delayed until next year. With tightening liquidity, high-volatility assets like Bitcoin are the first to be sold off. In June, as the US stock market adjustment window opens, large institutions will inevitably reduce their positions for hedging, dragging Bitcoin down with them.
Technical Analysis at Its Limits
Weekly RSI is overbought at 82; historically, when it exceeds 80, a correction is inevitable, with crashes occurring within as short as a week.
On-chain data: Above $110,000, there are 2.7 million BTC stuck in positions, and the whales will never let go; they will only sell off after a big spike!
Operational Strategy
Profit-taking Timeline: Clear all positions before the end of June; don’t bet on the last leg!
Buying Window: Extreme panic period in July-August, aim for $90,000-$95,000 to buy in.
Scam Prevention Guide: Don’t believe in the 'eternal bull market' nonsense; this round of market movement is essentially a liquidity frenzy post-ETF approval, and now that the good news is fully priced in, it’s a bad sign!
Rolling positions is not a myth; it’s a strategy. Want to make profits? Don’t operate blindly; closely follow Jixin to position for the main uptrend, feast on the main course of the bull market, and leave no scraps!
Intraday Focus: SUI B BTC CETUS
