The pancake game is "Elevator Horror", when the dealer presses the button, retail investors' hearts stop for three seconds.
Look at this four-hour K-line, it resembles an ECG—prices are bouncing around $93,444, like a gambler hanging on a Ferris wheel.
Market signals:
1. The Bollinger Bands have narrowed into a snake neck, but the middle line is quietly pushing up to $92,800. This is more insidious than a weasel wishing a happy new year to a chicken—on the surface, it’s sideways, but there are directional mines buried beneath, with 94% of chips concentrated in the ±3% range, and the liquidation line is clearly calculated.
2. Trading volume is performing a "roller coaster": it surged to 10,800 contracts at 1 AM, now it has shrunk to 4,432 contracts, resembling a drunk man who passes out right after climax. But note that there are 33,000 sell orders pressing at $93,448; this wall is twice as high as the Shanghai World Financial Center.
3. MACD is playing "face-killing": the fast and slow lines are passionately rubbing against each other at +122%, and the red bars have shrunk to a nano level. The dealer holds both "long/short" cards, ready to flip at any moment.
Morning strikes:
1. Grayscale transferred out 9,343 BTC at dawn, this move is scarier than unloading goods at the casino entrance.
2. Fed officials stated, "Inflation persistence is beyond expectations," US Treasury yields soared to 4.32%, hitting a three-month high.
3. On-chain alert: a dormant address suddenly activated 93,436 BTC, this amount could break through the exchange three times.
Survival manual:
Short-term traders are playing with "picking nuts from the fire": place orders between $92,800-$93,444 for fluctuations, stop loss immediately if it breaks $92,500. A breakthrough above $94,000 must wait for volume to exceed 15,100 contracts before joining; don’t act like a daredevil. Focus on the strong support at $92,000: this position is buried with 1.63 million buy orders, and if it really breaks, wait for on-chain signs of "whales sweeping up."
Contract must-watch: funding rates soared to +122%, this is crazier than borrowing at high interest rates to trade coins. A position exceeding 15% is like delivering gold bars to the dealer.
Ultimate warning: an order at $93,432 was consumed in 3 minutes for 363K contracts, this is more sudden than the 9/11 incident.
I am Ji Xin, follow me, supported by a top-tier team, serving only ambitious madmen.
Intra-day focus: DEEP BTC ETH SUI
