$BTC Giant Whale Sold 47% in 24 Hours, 102K USD Becomes the Lifeline Between Bulls and Bears!
Remember! Bull markets rely on trends, bear markets rely on patience—surviving is the only way to have capital for a comeback! Volume breaks through critical levels, bull market corrections turn into slaughter knives—bulls do not take positions, bears do not let up!
I. Latest News and On-chain Data!
1. CPI Triggers Selling Pressure: US May CPI at 3.3% higher than expected, the Federal Reserve's interest rate cut expectations are halved, dragging down the stock market and cryptocurrency market.
2. On-chain Alert: Whales transferred 12,000 BTC to exchanges this morning, similar signals surged 47% in 24 hours;
3. Net inflow of exchanges reached a monthly high, panic selling intensified.
II. Technical Triple Pressure!
1. MACD: Downward momentum strengthens, MACD red bars continue to elongate, bearish energy is not exhausted, and rebounds are mere traps to lure buyers.
2. Volume & Moving Averages: Death confirmed, massive selling: estimated transaction volume at 6.22 million, up 69% compared to the 5-day average volume, evident funds stepping on each other.
3. Moving Average Resistance: 5-day line crosses below 10-day line, rebound becomes a selling pressure point.
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