"The golden cross above zero turns into a trap, and the dog dealer draws the door without mercy - last night's BTC used a needle to teach everyone to respect the market."
1. Market review: from "false breakthrough" to "high-altitude diving"
At 22:10 last night, BTC suddenly rose and broke through 108135 (BOLL upper pressure level), but then quickly fell back below 107800, forming a "long upper shadow line", a typical "buy trap".
Key technical signals:
MACD golden cross above zero fails: the volume after the golden cross is insufficient (the volume is 30% smaller than the previous high), indicating that the bulls are weak.
108000 sell wall pressure∗∗: The market shows that there are 200+ BTC sell orders piled up near 108135.30, which clearly shows that there is pressure from big investors.
Watershed breached: 68.2% Fibonacci level ($103165) becomes key support, breaking below will lead to weakness.
Latest news:
Good news: BlackRock increased its holdings of 12,000 BTC, confirmed by on-chain data.
Negative news: SEC postpones Ethereum ETF decision, market sentiment suffers.
Impact of CME delivery date: June 25th coincides with the quarterly delivery, and institutions often use the "line drawing tactics" to explode contracts.
2. Anna’s opinion: The purpose of the wash is to achieve a higher target (if it stabilizes at 108,000, it will rise to 108,500; if it is lower than 107,500, it will go to 106,000)
"A sharp drop does not mean a turn to bear market, but there will be more spikes in the bull market" - a script similar to the one in January 2024 when the price plummeted from 48,000 to 40,500 before soaring.
On-chain data: The exchange has a net outflow of 18,000 BTC, indicating that “big players are accumulating funds”.
Dog banker’s routine: $108,000 is a psychological barrier, and the main force creates panic to force retail investors to sell at a loss.
3. Operation strategy: Respond calmly and take three steps
Short-term: Try shorting at 108000-108500 (stop loss at 109200). If it falls below 105000, wait for 103000 to take spot orders.
Long-term: Stay flat! The target before halving remains at $150,000, and the altcoin position is recommended to be ≤20%.
Contract: Keep an eye on the CME gap ($104600-105200), and then find the direction after it is filled.
4. Two big bombs this week
US PCE data on June 28: If inflation exceeds expectations, BTC may fall below $100,000.
July Federal Reserve interest rate meeting: dovish stance = sharp rise, hawkish stance = the last drop.
"The market is always right, only your position is wrong" - Follow Anna, tonight at 8 pm to dismantle the latest tricks of the dog dealer live! $BTC #香港加密概念股
