Support lines stack like hundreds of steps, but the resistance levels are virtually non-existent—this is not sideways movement, it's the main force building a fortress at the 100,000 level!
Technical analysis decoding
Iron bottom support reveals itself
From 104500 to 110500, a full 14 layers of support lines like rebar steps! Especially note:
Dual precise defenses appeared at 107436.5 and 108371.8
Every 500-point drop sets a buy order, the main force clearly defends the 100,000 level
Key discovery: The current price near 108371 is precisely where the main force is heavily fortified!
The pressure line is as thin as a piece of paper
The so-called "pressure line" only has sporadic orders:
The highest pressure order is only 110000.0
Compared to the solid support below, the bears are practically naked!
The main force secretly accumulates
"Latest transactions" expose the truth:
Large transactions concentrated in the range of 108371-108372
Volume explodes when it hits the support level, a typical "price suppression and accumulation" technique
News support adds fuel to the fire
Spot ETF continues to provide liquidity
BlackRock and other institutions' ETFs have seen net inflows for 18 consecutive days, adding over 4000 Bitcoins daily, big players can't stop accumulating!
The Federal Reserve's shift is solidified
Last week's inflation data cooled, Federal Reserve officials collectively changed their tune to "possible interest rate cuts", the dollar weakens = Bitcoin strengthens, the golden script has begun!
Asian funds are flowing in the dark
Hong Kong Bitcoin ETF's average daily trading volume surged by 300%, domestic night trading accounts for 35% of the global total, Chinese funds are quietly positioning!
#BTC走势分析
Been cut off N times and want to quit the circle? Follow me, this time I'll lead you to fight back and earn interest!
$BTC