Bitcoin's High Stakes: What Big Move Has Been Brewing for Four Days?
The price of Bitcoin has been stuck at 86,000 for four days, feeling like it's trapped in a toilet, unable to get any momentum! Just look at this price chart, it resembles a wilting earthworm - bouncing up and down but unable to break the deadlock. The first day saw low volume, resembling a thief in the night, and then suddenly the second day had a spike in volume that scared retail investors into panic selling, resulting in the third day continuing with high volume but playing a game of empty city, and today the volume seems to be gasping for breath like it has asthma.
Old Wang in the exchange is pulling his hair out: "This market maker is harder to please than a mother-in-law! Neither releasing goods nor pushing prices, are they waiting for those old men at the Federal Reserve to sneeze?" Trader Xiao Liu is staring at the screen muttering: "The U.S. stock market has already played out three episodes, but our pathetic trend doesn't even qualify as a trailer!"
If you ask me, this market is like a college entrance examination hall - clearly, the exam papers are all filled out, but they insist on holding until the last second to submit. Just look at that candlestick chart, the buy and sell orders are like a tango, you advance and I retreat, clearly waiting for an excuse to make a move! Yesterday, Aunt Zhang at the vegetable market learned to read the charts, pointing at her phone saying: "This trend is just like the cold war with my husband, just lacking a way to step down!"
Remember the old saying: prolonged stagnation must change! In this situation, both bulls and bears are like ants on a hot stove. If it really drops to 81,500, it would be like the God of Wealth knocking on the door; if it suddenly rises to 87,500, we can just enjoy the fireworks. Just don’t be like old Li next door, holding a magnifying glass searching for the market maker's intentions, only to end up losing his account balance!