News hype meets technical divergence.
110,000 becomes the battleground for bulls and bears.
The scythe is hanging over the greed heads!

News: Three major benefits VS two hidden risks.
Trump's reserves are essentially a paper tiger:
The strategic Bitcoin reserves announced by the U.S. government are essentially confiscated assets without new buying support, expectations of good news have fallen flat, becoming a catalyst for selling pressure.
ETF funds are flowing in secretly:
Spot ETF weekly inflow of $2.3 billion, BlackRock and other institutions hold over 1.4 million BTC, but some products see net outflows, with demand differentiation posing hidden risks.
Middle Eastern war has become a safe haven:
The Iran-Israel conflict did not trigger a panic sell-off; BTC only fell 3%, confirming the risk-averse properties of digital gold.

Technical aspect: hidden dangers in divergence.
Bollinger Bands opening up:
Current price 111,980 is close to the upper track, with middle track support at 104,793, deviation over 6%, excessive deviation needs to pull back.
Historical pattern: if there is insufficient volume after opening, there is an 80% probability of falling towards the middle track.
MACD golden cross is a bluff:
DIF crosses above DEA to establish a golden cross, but the MACD bars have not turned green, and bearish momentum has not exhausted, beware of false golden crosses.
Key formation symmetrical triangle:
High point 111,886 → low point 100,372 narrowing oscillation, 105,400 is the breakthrough watershed:
Breaking above 107,000: target 110,290 → 112,000;
Breaking below 104,200: heading straight for the psychological defense line at 102,500 → 100,372.

Operation summary: defend key levels, prevent black swans.
Strategy point for risk control in long positions near 104,800 breaks at 104,200.
Stop loss for short positions targets a breakthrough above 111,000 with a stop loss at 112,000.
Risk-averse choice to keep 50% cash until Trump's June-end fundraising event lands.
Bull markets can make money, bear markets can create wealth—if this wave of correction breaks below 100,000, it will be the best golden pit in 2025! Pay attention to Big G, a crash night will guide you to accurately buy the dip, gaining a good rebound of hundreds of points! $BTC #Metaplanet增持比特币