Record volume surpasses 960 million! Whale $BTC suddenly goes silent, countdown to a thousand-dollar pullback tonight?
Foot on the gas, seatbelt tightened! BTC weekly record volume surge, driven by dual forces of technical aspects and news! Friends, let's use the most straightforward information to reveal today's BTC trend!
1. Latest technical market aspects!
1. Price aspect: Latest price: $123,300, core support: $120,000 (intra-day lifeline), $113,960.6 (strong weekly support) $123,000 high position is as solid as a rock, buying pressure fiercely counters shorts, bullish momentum is firmly established.
2. Volume aspect: Latest weekly trading volume 716,857,995 approximately 717 million, today's predicted volume: 963,791,259 approximately 964 million (real-time estimated value) today's predicted volume surged by 34%! Directly breaking through the 5-week average volume, only 3.7% away from the 10-week average volume, record volume indicates significant capital inflow.
3. MACD aspect: DIF, DEA and MACD bars: 2185.2 (red bars extended), fast and slow lines golden cross above zero, red bars soaring! Bullish engine is fully operational, short-term momentum is surging.
2. Latest on-chain and fundamentals!
1. Federal Reserve nuclear-level good news: Core PCE inflation cools this morning, market bets on an 80% chance of a rate cut in September! The dollar weakens, BTC's capital attraction skyrockets.
2. Exchange BTC reserves hit a 5-year low (HODLers are holding tight), whale addresses increased holdings by over 21,000 BTC (approximately $2.58 billion).
3. CME futures premium maintains an annualized 18%+ (institutions are bullish).
Attention! The bull market's foot is welded above $120,000! Will it continue to crush the shorts, or will we face a thousand-dollar pullback and washout?
I am Tang Seng, top-level technical support, serving only those with vision and ambition!
