$BTC Giant Whale 8200 BTC Surges to Coinbase! Is it a hidden danger or a rescue?
MACD red angle peeks out, bears hit the brakes—want to turn and rush uphill? First, ask if the moving averages agree!
1. Latest technical analysis: Triple-edged sword!
1. Trading volume cut in half: Actual trading volume is $6.35 billion (estimated $11.34 billion), main forces are lying flat while retail investors panic.
2. Moving average strangulation: MA5 is dead pressed against MA10, current price has a huge gap away from MA5.
3. MACD strangely turns red: DIF: -67.1 DEA: -98.7 deep dive, but the histogram line +63.4 shines bright red!
2. Latest on-chain analysis: Triple-edged sword!
1. Giant whale movement: 3-year dormant address transfers 8,200 BTC to Coinbase, possibly a selling ambush.
2. Fear index 13 (extreme fear), retail investors' losses hit a monthly high.
3. Net outflow from exchanges: In the past 24 hours, CEX net outflow is 1,017.72 BTC.
4. Liquidation and leverage risk: In the past 24 hours, liquidation amounts reached $369 million, over 110,000 people were liquidated, long positions accounted for 84% of liquidations ($310 million), short positions liquidated $58.16 million.
Remember! In a bull market, you earn face; in a bear market, you protect your pants—I'm Tang Seng, top-tier technical support, serving only those with vision and ambition!
