The soaring and plummeting BTC, is it the gateway to heaven or the door to hell?
At this moment, staring at the K-line, my palms are all sweaty! The trend of $BTC today is just unbelievable—up 10% in the morning, then a waterfall drop in the afternoon; it's really hard for those with weak hearts to bear! Do you think the big players are playing psychological warfare? Clearly, the MACD just golden crossed, yet the RSI is ridiculously overbought. Is this a precursor to a breakout or a trap to lure in more buyers?
Looking at the trading volume, ha, a huge volume but with a long upper shadow; isn't this a typical sign of 'smart money' distributing shares? Yet on-chain data shows that whale addresses are quietly accumulating, how are we supposed to interpret this contradictory signal? Could it be that the big players are taking from the left hand and giving to the right just to shake retail investors off?
How will the market move next?
In the short term, the Bollinger Bands on the 4-hour level are tightening, and a trend change is imminent! But let's not forget, the sword of Damocles of the Federal Reserve's interest rate hikes still hangs over us; when the traditional market sneezes, the crypto world catches a cold.
In the long term, the historical pattern of Bitcoin's halving cycles is there, but can it replicate the myth this time?
Ultimately, the crypto world has never been an ATM, but a meat grinder! If you dare to go all in, it dares to leave you with nothing.
Rather than betting on direction, it's better to hold onto the essence of value investing—after all, in a crazy casino, staying alive is more important than making money, isn't it?
The market continues to change, and we closely monitor the market; follow + comment, and we will help you seize new entry opportunities!
