$BTC Giant Whale 39,000 Coins Pressing Down! BlackRock's Ammunition Depot Rusts, Miners Smash the Market Overnight!
Remember! When BlackRock's ammunition depot rusts, the butcher's meat grinder starts to heat up!
1. In terms of volume: The weekly chart shows an extreme polar cold wave, with a trading volume of only 205,000 coins, less than 25% of the MA5 average volume of 802,000, and the MA10 average volume of 1,025,000 is like a jack being pressed on the crown of the head.
2. In terms of MACD: The DIF line is falsely sticking to the DEA line pretending to be a golden cross, the MACD bars are thinner than a needle, and the weekly top divergence has been confirmed!
3. In terms of moving averages: The 5-day moving average and the 10-day moving average are in an upward bullish sequence, indicating that the weekly level is still under bullish control.
II. Latest On-Chain News!
1. Miners' Great Escape: f2pool sold 18,000 BTC this week (a peak in 18 months).
2. Federal Reserve's Poison Arrow: Dot plot cuts interest rate expectations, U.S. Treasury yields soar to 4.35%.
3. BlackRock ETF has seen a net outflow for 4 consecutive days (a total of 12,000 BTC).
4. Coinbase's giant whale sell wall increased to 39,000 BTC, with a premium rate of -0.8%, GBTC discount expanded to 0.45%.
Note! When BlackRock ETF becomes a blood-sucking pump, the weekly shrinking golden cross is a shroud.
I am Tang Seng, top technical support, only serving those with vision and ambition!