"The bullish crossover turns into a death cross, the 98k support level breaks with a poke—this round of main forces isn't even putting on a show!"

Market review: false breakout, true harvesting.

From the 1-hour chart, BTC performed a textbook-level manipulation today:

Early session manipulation: the price briefly broke through the upper Bollinger Band UB:103324 to 104503 and then quickly fell back, a typical "false breakout, true entrapment".

Afternoon bloodbath: At 4:19, it pierced through three levels of support (100358→99158→98188), with a lowest spike at 98188.4, and liquidated long positions worth 240 million dollars.

Key indicator correction:

  1. MACD death cross:

    • The actual values are DIF:-394.8 crossing below DEA:531.3, combined with the histogram turning green, the bearish signal is stronger than expected.

  2. Volume-price divergence confirmed:

    • The trading volume was only $12 million in the hour before the crash, yet it pushed the price to briefly break the previous high, clearly indicating that the main force was dumping.

Latest news:

  1. Germany increases sales:

    • On-chain monitoring shows that Berlin police transferred another 1500 BTC to Kraken, and the timing of the dump coincides perfectly with the crash.

  2. Mt. Gox dynamic update:

    • The creditor portal is now open for testing withdrawals, and some OTC markets are experiencing discounted sales, spreading panic.

Anna's strategy:

Short-term: 98k rebound is weak, focus on the 95000 weekly support.

Mid-term: If the SEC rejects the Ethereum ETF tomorrow morning, beware of a second bottom test at 92000.

Opportunities to make money are always there; it depends on whether you can seize this opportunity. However, the prerequisite is to learn to distinguish technical analysis and news analysis as the basis for positions. If you don't know how to distinguish, you can follow Anna's homepage, where she will teach you step by step.