Bitcoin has fluctuated from 110800 to 113000 this morning. On the surface, it looks like the bulls are in control, but there are hidden dangers! Although it has stood above the EMA52 line on the 2-day chart, the MACD fast and slow lines are tightly stuck together, and the rebound volume has shrunk to a sesame seed — this wave of highs is a trap set by the big players!
Brothers, remember that 113000 is the dividing line between bulls and bears. There are 180,000 BTC options short orders pressing down; daring to break through is a trap to lure in the bulls, ready to pull back to the 3-day EMA52 at 108000.
The altcoin is even more exciting! The pressure at 4689 is tighter than a vault, and the support at 4372 is on the verge of collapse. The weekly chart is overbought like a tightened string. The 4-hour MA30 moving average is suppressing the rebound, making it difficult to move forward. The big players are just waiting for retail investors to chase and get hit! Daring to chase long positions at this point is a death sentence; a correction and repair is the hard truth.
The current price of Bitcoin is 112800, short directly. Stop loss at 113500, target 110000 gap!
Short at 4640 with closed eyes, stop loss at 4689, can lightly long on a pullback to 4370, if it breaks 4300, get out!
Whales are crazily dumping BTC to switch to altcoins (moving 2 billion USD in a single day). Before this round of reallocation ends, any rise is an opportunity to escape! Bull markets have sharp declines, while bear markets have slow increases; fasten your seatbelts and wait for the big players to dump and pick up the pieces.
The market has gone through consolidation, and recently I plan to ambush a potential coin that is ready to explode; doubling is quite simple, and expecting a space of over 10 times is not a problem. If you want to follow along, like and leave a message, sharing for free! 🚀🚀🚀
