Sideways means upward! $BTC signals before the trend change!
The big pie has played quite cleverly with this wave of 4-hour K-line! The price is stuck around 85,000 US dollars, lingering, while the dogs use the EMA moving average as a trampoline, bouncing between 83,000 and 87,500 US dollars for several days.
But looking closely at the on-chain data—18 billion in liquidation orders are stuck at 83,000 US dollars, and 23 billion in short territory is pressing down at 87,500 US dollars. The dogs are simply reluctant to crash the price here, after all, the main force's cost zone is right around 84,500 US dollars.
Now the trading volume has shrunk to an average of 4.7 billion US dollars per day, indicating that the retail investors are all lying flat, just waiting for institutional funds to ignite the fire.
If you missed this wave of market action, don't worry, there will be more opportunities ahead!
