Bitcoin's recent moves resemble a player flirting with a girl—suddenly messaging at 3 AM, "Baby, I've broken through," and then disappearing! According to Binance data, BTC has just broken through the $111,000 mark, currently reported at $111,001.328125 USDT, with a 24-hour increase of 0.86%. This 'heartbeat-style breakthrough' has left the bears without their pants, but bulls shouldn't rush to open the champagne just yet; let's dissect this bloody upper shadow.
Looking at this hourly K-line chart, the 5/10 day moving averages golden cross is like a nightclub laser light show, but the MACD indicator shows the DIF line is still dead below the DEA line, like when you're chasing a goddess and she replies, 'I'm in the shower'—outwardly reserved yet secretly flirtatious. The trading volume seems lively, but compared to the 5-day average volume, this influx of funds might just be here to mooch drinks? The key level of $110,000 has now become the bulls' last shield, while the resistance level of $111,910 hangs overhead like a hydraulic press—ready to crush the retail investors into Bitcoin pancakes at any moment. Remember Qing Yao's wise saying: 'In the crypto world, all breakthroughs that don't hold for three days are just playing around.' At this position, the bulls either need to learn from Musk and launch rockets to directly break through $112,000 or wait to be pressed down by the bears at $110,000, sparking sparks.
Don't be fooled by the calm surface; behind the scenes, institutions are playing a brain-teasing game of 'guess how much I bought.' Grayscale's holdings are as inscrutable as a woman's heart, and miners are secretly transferring Bitcoin in preparation for action. At this point, you should learn Qing Yao's secret technique: the three essentials for watching the market—popcorn in the left hand, calculator in the right, eyes fixed on Grayscale's holdings, and repeating, 'No buying if it doesn't drop below $107,080.'
Qing Yao's opinion: Short-term looks like a plunge, long-term looks like showing off.
In the short term, BTC will face 'graduation ceremony-style selling pressure' around $111,910, just like relatives and friends suddenly appearing at your university graduation to give red envelopes. It is advised that retail investors set their stop-loss at $110,000; if this level is breached, it will perform a 'free fall' in no time. However, in the long run, as long as it doesn't fall below the golden ratio line of $107,080, this wave of market movement is a 'bullish retracement.' Get ready to pick up cheap chips!
Finally, here's a piece of advice: In the crypto world, you should maintain an air of mystery like Bitcoin—breakthrough when it's time to break through, retrace when it's time to retrace, always keeping the retail investors guessing whether the next move is 'up' or 'down.'
Follow Qing Yao, guiding you to navigate the crypto world without getting lost! #上市公司囤币潮
