Today's BTC Trend! Bears Control the Field, Bulls Play Dead
The K-line is the brush of the market makers, and positions are your shield; raising the shield is now more important than swinging the sword.
1. The Truth of the Market: The Death Triangle Has Taken Shape
Price Dilemma: Current price 104,990.9 USDT, suffocated by the upper and middle Bollinger bands, with the lower band at 99,058.1 serving as the final defense line.
Indicator Alerts: The three lines of the Bollinger Bands are expanding downward like a crocodile opening its mouth ready to eat; the MACD fast and slow lines are "lying dead" below the zero axis, with green bars weak enough to almost extinguish.
Total Collapse: SOL perpetual contracts down 0.78%, ETH down 0.2%, OKX long-short ratio 0.71.
Historical Script Repeats: Similar to the night before the crash in September 2023, the middle band at 102,300 is the life-and-death gate for bulls and bears!
2. News Cuts Deep
Federal Reserve Adds Pressure: This morning it was announced that "inflation will lead to relentless rate hikes," the dollar surged, and BTC broke 105,000 in seconds; ETF Great Exodus: Institutions withdrew 760 million USD in 3 days.
Exchanges' Strange Increase: Tether printed 1 billion USDT, but the BTC supply on exchanges rose—new funds are lying flat and doing nothing!
3. Survival of the Old Investors
All troops, listen up!
Conservatives: Absolutely do not bottom fish! Wait for two signals:
Break out with volume above 105,600 and stabilize for 30 minutes;
If it crashes to 99,000, recover 1% within 1 minute.
For position holders:
Set a hard stop loss at 99,000;
Reduce positions by 50% when rebounding to 105,200.
Gambling Zone
Breakthrough at 105,600: Lightly chase the long position, targeting 108,000; 99,000 to fish for the dead: place a limit order at 98,800, take 200 points and run!
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Pay attention today: FUN ETH BTC OKB
