As people indulge in the joy of the May Day holiday with toasts, the cryptocurrency market quietly stages a meticulously planned capital hunt. Bitcoin (big cake) soared from 94,000 USD to 97,000 USD in a short time, and this 'spectacularly large bullish candlestick' that broke the horizontal deadlock seems to ignite hope for a new bull market, but in reality, it is a deadly trap tailored for retail investors, and a grand drama of 'visual carnival' and 'emotional harvest' is about to unfold.
1. The hidden dangers behind the illusion of skyrocketing prices
This seemingly fierce rise actually hides mysteries. The market trading volume continues to languish, starkly contrasting with the volume-less rise, like an unsupported castle in the air, a typical 'fake fat' rise. The main force cleverly employs uppercut strategies, first attracting retail investors to chase highs with enticing gains, while quietly offloading at high levels. The critical point of 96,500 USD is both a fierce battlefield of bulls and bears and an area of dense historical trapped positions from three months ago. The operators continuously play the game of 'passing the flower while drumming' here, precisely throwing high-level chips to the enthusiastic investors who are blinded by fervor, making countless people mistakenly believe they have seized a wealth opportunity, unaware that they have stepped into the abyss of being trapped.
From a technical indicator perspective, market risks have long been evident. The MACD red bars show an accelerating contraction, which is a clear signal of the continuous exhaustion of bullish power; the support level of 93,000 USD has been hit three times and is on the verge of collapse. Once this support level is lost, panic will spread rapidly, triggering a cascading effect of forced selling, akin to igniting a 'landmine' of market sentiment, with dire consequences.
2. The gentle trap of Ethereum
Compared to the 'thunderous' movement of Bitcoin, Ethereum's (Ether) trend is more deceptive, aptly termed a 'gentle kill zone.' While it seems to stabilize around 1,780 USD, it is actually a gentle trap carefully constructed by the main force. The area above 1,850 USD is densely packed with historical trapped positions, and any slight rebound will encounter strong bearish pressure. From a weekly structural perspective, Ethereum remains deeply entrenched in a downward channel; the seemingly optimistic trend is merely an illusion. The hope given to retail investors by the main force is actually a setup for the next round of harvesting.
3. The crisis of losing key defensive lines
The 96,500 USD level for Bitcoin and the 1,780 USD level for Ethereum are crucial defense lines in the market. If Bitcoin loses the 96,500 USD level, it will face a situation with no defenses left, and prices may accelerate downwards; if Ethereum is smashed through 1,780 USD, it will trigger a wave of programmed selling, with a flood of stop-loss orders entering the market. Whether experienced players or newcomers, all may be consumed in this storm, becoming victims of market volatility.
4. A survival guide for investors
For those who chase highs, the market is never short of movements; what is lacking is a clear mind to see through the traps. When the entire network falls into a frenzy of optimism, one should remain vigilant. High positions are not the battlefield for acquiring wealth, but a dangerous zone hidden with cliffs; blindly chasing highs may lead one into a place of no return.
For investors who are already trapped, maintaining calm is the primary principle. Impulsive emotional blind stop-losses often lead to greater losses. At this time, it is important to carefully analyze market structure, control positions reasonably, and retain sufficient capital reserves, so as to preserve strength in the market and wait for the opportunity to rise again.
In the cryptocurrency battlefield filled with temptation and traps, the real survival rule is not to greedily chase every market movement, but to maintain a clear mind, accurately assess the market situation, cautiously avoid traps, and seek opportunities while ensuring the safety of principal. May every investor stabilize their mindset in this foggy game, protect their wealth, and successfully navigate the tumultuous market.#数字资产法案 #比特币战略储备