109500 is just the starting point! BTC violently pushes past 110,000 tonight, countdown to shorts collectively being liquidated!
Key Psychological Battle
Longs and shorts are playing the 'push game' at 110,530.17 USD, with the 4-hour K-line showing 7 consecutive small bodies in a sideways trend. However, the volume signal reveals the main intent: last night's peak trading volume of 4,328,100 USD, while the price only dropped by 0.08%—this is a classic accumulation trace, similar to the market trend on June 15.
Technical Indicators
1. “Golden Cross Support”: MA7 and MA30 form a 45° upward angle; historically, maintaining above MA7 keeps the fire alive.
2. “Hidden Strength in Volume”: Trading volume MA5 and MA10 indicate accumulation, with the key breakout relying on the volume pulse exceeding 4.32 million USD.
Long-Short Strength Ratio
Current price is stuck at 109,500, with an amplitude of only 0.35%. Shorts are placing orders above 110,000, but if the volume surges, the target is 112,000-115,000 as seen in the June case.
Live Trading Strategy
Incorporating on-chain dynamics
Pending Order Ambush: Place a 0.5 BTC long order at 109,360.49, with a stop loss at 108,800.
Hedge Protection: Buy a 5% position in a put option at 110,500 to guard against SEC black swan events.
Monitor Anchor Point: Focus on the NASDAQ after the US stock market opens at 21:30—if tech stocks rise, it will boost BTC.
Forecast:
Breakout Path: Break through 110,530.17 with volume, chase up to 112,000.
Pullback Path: Break below 109,360.49 and show green bars, reduce positions waiting for 108,500.
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