Bitcoin's 'Crazy Roller Coaster': The Longer It Stays Still, The Bigger The Explosion!
This Bitcoin guy is once again bouncing wildly between 86500 and 87500 today, looking like it's playing a life-threatening dive. On the technical charts, the moving averages are crossing as if they want to choke; the green bars on the MACD are secretly hiding, and the bulls are almost suffocated by the bears. The order book is even more mysterious, with buy orders at 86500 holding firm, but there are so many trapped orders between 88500 and 90000 that it looks like a mountain, and the main force is still holding back the 89000 short bomb without letting it off. Not to mention that 2.4 billion in funds have flowed out on-chain, those big whales are hoarding coins in the deep sea, preparing for a big chaotic battle!
There's a lot of excitement to watch tonight! Over at the Federal Reserve, the probability of no rate hike in May is 86%, and the probability of a rate cut in June is also 58%. That little sweet spot with GameStop is not even on the radar of big funds; they are all focused on Trump's stablecoin. Over in the altcoin space, it could turn into a 'blood bag' at any moment, and if you dare to catch the knife now, your hand will get chopped off!
At the critical juncture: If 87500 holds, it can try to push to 88500, but if the volume doesn't reach 30000, it's better not to move recklessly; if 86500 doesn't hold, it will drop directly to 84000. Friends trading contracts should be cautious: the short order graveyard at 89000 will definitely explode, but if the volume picks up at 89500, it's not too late to chase; that middle segment is all a 'meat grinder'! You must keep an eye on the Federal Reserve's direction and the whales' movements; the longer this sideways trend lasts, the greater the likelihood of breaking below 85000 or above 89500, so it's time to run quickly—be careful of getting wiped out by a spike!
In the cryptocurrency world, opportunities and risks coexist; staying vigilant and seizing the right moment is key. I also discovered a short-term project with huge potential for explosive growth! Want to keep up? Follow me for more updates!
