Bitcoin’s Darkest Moment: A Life-and-Death Game after Falling Below the Psychological Barrier$BTC

Hello everyone, I am Da Tycoon. "The bull market was born in despair, but now we are being pressed on the chopping block of panic." Combined with the K-line chart that has just been refreshed, let's use hard-core data to speak human language!

The fierceness of the battle between long and short positions exceeded expectations

There are three fatal details in the picture that are ignored by most people:

  1. ​Precise death price: The current price is stuck at 101,939.98 USDT, just one step away from the psychological barrier of 100,000 USDT, but the main force has placed a large number of short orders in the range of 101,900-102,000

  2. ​The commission ratio is a hidden danger: The commission ratio of -0.69% means that nearly 70% of every 100 transactions are selling pressure, which is much higher than the initial judgment.

  3. Hidden support signal: There are five consecutive orders of 101,939.99 at the bottom 98000, which is a sign of whale defense.

Case echo: The crash in September 2023 was a counterattack achieved by the whale tray in the 98,000 range

Logical reinforcement: technical and news aspects double kill

  1. K-line language: The three moving averages (white/yellow/purple) are like a noose entangled with the coin price, especially the purple large-cycle moving average crosses downward to form a "Yanwang buckle"

  2. Volume mystery: Although the overall transaction volume has shrunk, a single 500+ BTC sell order appeared at the price of 101,939.98

  3. News confirmed: Bloomberg revealed that BlackRock's spot ETF subscription was suspended in the early morning, which is the real culprit for breaking the psychological defense line

​The tycoon's guess: The market maker is using the negative news of ETF to clean up the leveraged longs. The order of 98,000 is likely to be a "fake support for the market, but a real burying of people". The market will be pulled up only after the long army is exhausted.

Strategy upgrade: Waiting is smarter than buying at the bottom

  • Short-term: Stop loss below 101,900 remains unchanged, but rebound needs to focus on 103,500

  • ​Long-term: If it breaks 98,000, you can open positions in batches, but the single position shall not exceed 5% of the principal

  • ​Newbie warning: Don’t be scared by the “fund burst” warning, this is a classic tactic used by dealers to create panic

​Last question: In this wave of military cemeteries, are you a hunter who plays as a corpse or picks up armor?

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