The market suddenly shows a 'death wall': 109,385 has become a ghost gate.
Look at this terrifying order book: 3,975 BTC sell orders are piled up at the 109,385 price level, equivalent to 430 million USD pressing down! It’s like a sudden pile of boulders at a highway exit, cars trying to rush through will get smashed and injured.
What’s even scarier is that the buy orders below are as thin as paper: buy orders at the 109,384 price level add up to less than 10,000 USDT, the dealer is determined to smash through the floor!
The three-fold strangulation behind the crash.
Big players tacitly hunting:
Over 7,000 BTC sell orders are piled up at five price levels above, but buy orders are hardly even a fraction, clearly indicating that big players are colluding to manipulate the market.
Retail trader panic selling:
Latest large transaction display: Someone is frantically selling at market price, it's like everyone rushing to the exit during a fire, the more the price is smashed, the lower it goes.
Technical death cross:
The daily MACD green bars continue to shorten, and all moving averages on the 4-hour chart are diverging downwards, this trend is exactly the same as before the LUNA collapse in 2022.
Experienced driver predicts: These three price levels will definitely break!
Calculated based on order density and trading volume:
First target level 105,000 (support level from last year's bull market starting point).
Second target level 98,000 (2024 institutional entry cost line).
Ultimate nightmare level 88,000 (strong support from Gann angle line).
Bloody lesson: I thought it was the bottom at 48,000 USD in April 2021, but ended up buried at 29,000 USD. This time I won’t wait for the 'iron bottom'!
Retail trader self-rescue guide.
Escape signal:
Seeing three consecutive 15-minute candles closing below 109,385 → Immediately stop loss.
Exchange suddenly unable to log in → Direct market price liquidation.
Bottom fishing taboo:
Don’t believe in 'dollar-cost averaging to break even' nonsense (dollar-cost averaging in a waterfall market = giving away money).
Don't touch leverage (the liquidation line is scarier than ghost stories).
Smart people operate:
Convert 50% of funds to USDT for wealth management (some platform offers 12% annualized for savings), and the rest waits for clear bottom signals.
Lastly, let me say a harsh truth:
When the exchange starts pushing notifications of 'Bitcoin historical lows', and analysts collectively shout 'golden pit', that’s precisely the most dangerous moment! Remember: bear markets specialize in treating all kinds of disobedience, surviving longer is the real skill.
In the next layout direction, I will guide everyone to aim for explosive profit opportunities in altcoins, expecting a space of over 10 times is no problem. Like + comment, and I will guide you through the entire bull market!
$BTC