$BTC Giant Whale Dumping 2,500 Coins! Is There a Reversal Strategy Hidden at the End of the Waterfall?
Under the waterfall, can there be any eggs left intact? But the true hunter always senses the smell of blood when others panic. Today's BTC two-hour chart gives me chills, but I also catch a whiff of extreme market sentiment.
1. Latest News!
1. The "Phantom Wallet" Awakens, Selling Pressure at a High: Mt. Gox trustee wallet shows unusual activity again! On-chain monitoring indicates nearly 150,000 BTC have been transferred to addresses for distribution preparation.
2. The Giant Whale Leads the Retreat: Arkham tracking shows they continue to transfer seized BTC to exchanges, with a daily selling volume of about 2,500 coins. This kind of "officially certified" selling behavior has a huge impact on market confidence.
3. Exchange Water Level Soars: Glassnode data shows that the net inflow of BTC to exchanges has reached a recent high, indicating that a large number of holders are depositing coins into exchanges for easy selling at any time! This is a typical panic preparation move.
2. Latest Technical Aspects!
1. Moving Average System: Prices are far below all short-term moving averages, with a perfect bearish arrangement; any rebound is just being suppressed.
2. In terms of volume, the core observation is that the average volume line MA5 is less than MA10, indicating a prior period of high volume and sharp decline, with recent low-volume downtrends, combined with strong accumulation, suggesting a clear control by main forces in the downward trend!
3. Both lines diving below the zero axis: Absolute bearish territory. Green bars exploding and opening up: Textbook-level “Underwater Acceleration Dead Cross,” with downward momentum strengthening!
Remember! Extreme panic is often the prelude to a turnaround! Are you trembling under the waterfall, or are you setting up the pot and waiting for the rice to cook?
I am Tang Seng, top-level technical support, serving only those with vision and ambition!