The current upward fluctuation is just an illusion; the main force is performing the act of boiling a frog in warm water!
It is clear on the chart that there is a large accumulation of long liquidation orders in the 2440-2480 range, with a liquidation wall at 2370 reaching as high as 132 million!
However, the price movement is extremely 'strange', neither breaking through nor plummeting, just oscillating slowly in a sideways trend — a typical precursor to a sudden attack by the market manipulators on the weekend!
This position must be understood in terms of the main force's strategy:
The longer the sideways movement continues, the more intense the change will be. If the upper resistance level cannot be broken, it is accumulating strength for a downward move, and the denser the liquidation area, the easier it is to be targeted for a counterattack.
2370 is the critical support level; once it is lost, it will trigger a chain of liquidations, and the 2300 mark will be powerless to resist!
Remember, the weekend is the main stage for the market manipulators; when liquidity is scarce, any action can easily break through the bottom!
Do not be misled by the illusion of sideways movement! This moment is definitely not a time to go long but rather to ambush in the opposite direction of the main force's actions, waiting quietly for profit!
The strategy is already clear: accurately identify key points to ambush, strictly set profit-taking points, and refuse to chase after rising prices or stubbornly hold; it’s that simple!
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47361899384$BTC
