Technical alert: Death cross revealed, the lower Bollinger Band has been broken!
Currently, BTC's hourly K-line has broken below the lower Bollinger Band, and the MACD shows a death cross; bearish forces temporarily dominate.
The key watershed for bulls and bears is at 112,500 USDT—if the price can break through this level with volume, bulls are expected to challenge the two major pressure points above: 114,900 (short-term resistance) and 117,400 (core pressure zone)!
But if the counterattack fails, closely watch the support at 108,600; if it falls, panic selling may trigger a chain liquidation, pointing to a deep support at 100,700!
News nuclear bomb: Tonight's US Core PCE determines life or death!
The US Core PCE Price Index year-on-year published tonight is the 'ultimate barometer' for the Fed's inflation decisions.
If the data is above the expected 2.9% (bearish), BTC may instantly break through the 108,600 support and enter waterfall mode;
If the data is below or equal to 2.8% (bullish), combined with geopolitical conflicts (risk aversion triggered by Russia's attack on Ukraine), funds may flood into BTC, violently breaking the 114,900 pressure point, even aiming for 117,400!
MIG's exclusive perspective: Data market = high volatility trap?
Retail investors often become 'chives' in the data market, but smart money has already positioned itself!
From the liquidation heat map, there is an accumulation of more than 36.74 million USDT in the range of 114,000 to 107,000; any price movement will trigger a chain liquidation and accelerate the market!
Current volume shows bulls are still on the sidelines; if PCE is bullish and breaks 112,500 with volume, I will notify the community of the chase signal immediately;
If there is bad news, beware of the main force taking the opportunity to wash the plate—'breaking below 108,600 and failing to rebound' is a signal of bearish confirmation!
Is the key point hiding the 'main force script'?
Why does the 117,400 pressure point precisely correspond to the heat map liquidation zone?
Why is the 108,600 support secretly related to the large orders? Pay attention to MIG's breakdown of the main force's hanging orders trap + PCE data practical strategy.
Operating Iron Rule: Better to miss than to make a mistake!
Observe with light positions ahead of data; chase long if it breaks 112,500 (stop loss at 111,000)
If it breaks below 108,600, go short (stop loss at 110,000).比特币盈利钱包数量新高
Blind operation = loss! Follow MIG closely, learn professional thinking and strategies, and say goodbye to 'trading by feeling'! Click on the avatar, change starts from following!