Bitcoin has been lingering around $88,000 for several days. This is not a buildup for a breakthrough; it is the main force playing the usual trick of 'boiling frogs in warm water'!
Let me expose the tricks of the market manipulators: the bloody reality of this trend is a textbook-level 'fishing line'! The main force is repeatedly creating the illusion around the $88,000-$89,000 range, and the only goal is to make retail investors think a breakthrough at $90,000 is imminent, so they buy in at high prices!
Three solid pieces of evidence for offloading: The 'M top' death pattern has formed: two attempts to break $89,000 were met with failure, each drop was accompanied by massive trading volume, and the volume shrank during the rebounds.
Revealing the main force's tactics: The first surge and drop didn't hit the bottom before a pullback, intentionally pushing it to $88,000 to continue offloading.
Technical death signals: RSI divergence is clear, MACD volume bars continue to shrink, and the 4-hour EMA7 is about to cross below EMA30.
A bloody lesson: Yesterday, another brother who didn't believe in evil chased a long position at $88,500, and as a result, this morning there was a spike down to $86,500 that directly liquidated him!
Important reminder: If you see a sudden surge breaking through $89,000, don't rush to chase! Wait until it stabilizes for 4 hours before considering; 90% of false breakouts will quickly retract! What goes up must come down!
Remember: Losing money in a bull market is faster than in a bear market, because too many people can't control themselves! Blindly opening positions will never bring opportunities. Why not follow Brother Sheng, with 10 years of practical experience in the crypto world, I will help you explore tenfold potential coins! Top-tier resources!
Today's focus: ETH BTC PARTI IP BNB
