'119,000 marks the boundary between bulls and bears, 120,000 is the lifeline of souls - tonight is destined for a capital massacre in the liquidity minefield!'
News: Three parties are engaged in a covert battle.
Institutional hoarding vs. state selling.
Japanese fashion brand ANAP holds exactly 229.23 BTC (increased by 28.74), with physical buying continuously supporting the market;
The Kingdom of Bhutan has crazily sold 449.3 BTC in 11 days (the latest 100 BTC has been sold to Binance), equivalent to a pressure of 50 million USD hanging overhead;
(Core contradiction: state machinery precisely targets vs. institutions moving like ants, who will dominate tonight's script?)
Exchanges are staging a 'mass withdrawal'.
CEX total holdings confirmed at 2.4 million BTC (net outflow of 360,000+ in 2025), only OKX is buying against the trend.
(On-chain truth: chips are being massively transferred from exchanges, liquidity exhaustion is likely to exacerbate volatility!)
Death zone alert.
Bitunix marks 116,500-117,500 as the meat grinder zone; any breakout in either direction will trigger a chain reaction.
Technical analysis: Three key numbers.
Long position critical point: 118,000 (a densely packed support area, breaking it means a crash).
Bear stronghold: 119,000 (strong Fibonacci resistance in 4 hours) → 120,000 (psychological pressure line).
Order book truth: Binance has a sell wall of 10,000 BTC above 119,000, while buy orders are scattered - a strong attack requires a buy order of 1.2 billion USD!
Tycoon prediction: Will 120,000 be broken tonight? Suspense!
Currently facing a threefold dilemma:
Bhutan bomb: 449 BTC sell-off not over.
Ammunition shortage: CEX outflow of 360,000 BTC causing a liquidity crisis.
Minefields abound: a large number of stop-loss orders set between 116,500 and 117,500.
The only way to break the deadlock: US institutions must trigger a massive buy order (reference to MicroStrategy-level orders) and consecutively penetrate three sell walls at 119,000!
Remember: 'On-chain data does not lie, don’t resist when the state sells off' - 3 AM, either miss out on the 120,000 feast or get wiped out in the leveraged graveyard! $BTC #BTC再创新高
BTC high-stakes life-and-death battle, on-chain data does not lie! Tycoon exclusivity, follow me to profit from sideways trading!
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