$BTC Bitcoin's "Dead Cat Bounce": An Absurd Drama Conspired by ETFs, Whales, and the 200-Day Moving Average
"$107,000?" You stare at Bitcoin's brief breakthrough, your lips twitching. But the most absurd part is: while the U.S. stock market is celebrating the government reopening, the cryptocurrency market is like a cat stepped on its tail — (haha, the "bounce" after the $340 billion market cap evaporated is just a last smile from OG whales to retail investors)
The "New Funds" Scam of ETFs
$1 million net inflow? This is not institutional entry; it's BlackRock giving handouts! When perpetual futures open interest plummeted from $94 billion to $68 billion, and when the funding rate was as stable as a dead fish, the market suddenly realized: (Look, the so-called "spot ETF bailout" is just a "scalping accelerator" prepared by Wall Street for whales)
The "Death Threshold" in Technicals
The 200-day moving average at $110,000? The 50-day moving average at $36.2 trillion? These numbers are like an insurmountable Berlin Wall. Tony Sycamore says breakthroughs are needed to "restore confidence" — but the most absurd part is: when Rachael Lucas points out that $103,000 is "structural support", Bitcoin is proving in the bloodiest way possible: (Dear analysts, while you draw lines, whales are dumping)
The Most Magical "Market Divergence"
"Dead Cat Bounce" vs "Trend Reversal"? George Mandres' metaphor is brilliant: when OG whales sell 147,000 BTC, and when early buyers collectively take profits, this debate resembles (cats on a roof discussing: should I fly or jump?)
The Ghost of Trump's Tariffs
"Record Liquidation on October 10"? No, this is the "9/11 event" of the crypto world. When $340 billion in market cap evaporated, and when correlations broke down, the market suddenly realized: Bitcoin is not a safe-haven asset, it is (the "financial punching bag" under Trump's tweets)
At 3 a.m., you stare at Bitcoin at $105,000. The 200-day moving average? ETF inflows? Screw that! There's only one rule in the real game: when everyone says "bounce", you must ask yourself — (am I catching a flying knife, or watching fireworks?)
Remember: all the "bounces" that make your heart race are dinners prepared for whales. And your task is to decide whether to be a diner or the food? (This time, I won't fall before dawn)
P.S. Next time you see news about "institutional FOMO", remember to check first: who is the "smart money" writing the script this time?
