Current battlefield situation: Strong attack meets resistance, life hangs by a thread
Bitcoin is currently stuck around 103887, although it has broken through the upper Bollinger band, the 104500 level looms like a mountain!
Main force's order reveals secrets:
At the 103887.5 position, 1122 large sell orders suddenly appeared (equivalent to over a thousand large contracts)!
There are layers of sell orders above (from 103887.6 to 103887.9, all with over 60 contracts), clearly preventing a rise!
Bullish weakness is obvious:
The buy-sell ratio is -0.29%, indicating more sellers than buyers!
Sparse buy orders below, unable to handle selling pressure!
Can 104500 be broken? It depends on three points
If it can violently break above 104500 (30% probability)
Conditions must be met:
Suddenly over 500 contracts of super buy orders appeared, instantly consuming the sell orders at 103887.5!
In conjunction with bullish news (such as sudden interest rate cuts by the US, large institutions aggressively bottom-fishing).
Subsequent trend:
Once stabilized above 104500, will directly challenge 105000, even attempt the previous high of 107000!
If the breakthrough fails (70% probability)
Reality is harsh:
The sell order volume above is ten times that of buy orders, without the 'liberation army' it can't move!
Main force placed a huge sell order, clearly trying to lure in buyers to offload!
Plunge roadmap:
First drop: Break below 103500 (bullish psychological defense line), triggering programmed stop-loss!
Second drop: Bloodbath at 103000 (strong intraday support), if it can't hold, straight to 102000!
Retail investor's operation guide: Don't be impulsive, wait for direction!
Absolutely do not chase after the rise below 104500!
The main force is pressing too hard, false breakouts will trap those who chase!
Confirm the breakout before acting:
Seeing the sell order at 103887.5 instantly consumed and stabilizing above 104500, decisively go long, target 105000!
Breakout escape signal:
If it can't stand above 103900 for 30 minutes, immediately open a short position, target 103000 for a plunge!
Beware of a market reversal tonight:
Beware of hawkish Fed statements tonight? Be careful, good news turning bad could lead to a collapse!
Call to action: Life or death decision, which side are you on?
Bullish faction: The main force pretends to press while truly lifting, it will definitely break 105000 tonight!
Bear faction: Ten thousand sell orders are gravestones, bottom-fishing at 103000 is the only safe move!
Why dare to say this?
Data doesn't lie: 1122 large contracts pressing down at 103887.5 is a clear short stronghold!
History repeats itself: On June 5, the same order structure led to Bitcoin plunging by 3000 points!
Volume determines market direction: Large funds not entering + sell orders dominate, any rise is just a scam!
Old friends, remember:
104500 is the touchstone, break means profit, failure means loss!
Better to stay in cash and watch, don't become cannon fodder and lose money!
#Metaplanet拟筹资增持比特币
Not following the iron hawk? Next time there's a crash, you won't even get the rooftop WiFi!
$BTC
