5.27$BTC Today's Trend Analysis - Perspective of Long-term Holders
Bitcoin is currently like a spring pressed inside a pressure cooker - the flatter it stays, the crazier it will explode!
Market Breakdown
Right now, the four-hour candlestick is stuck between $109,000 and $110,000, playing a game of cat and mouse, with the Bollinger Bands tighter than an old lady's foot binding. The upper limit is $111,300, pressing against the ceiling, while the lower limit is $107,500, bolted down with steel plates. This round of 'painting the door' by the big players is slicker than the face-changing acts on Douyin.
Three Critical Details
Trading Volume Playing Dead: The 24-hour trading volume has dropped to $18 billion, reminiscent of last year's LUNA crash. But note that the CME Bitcoin futures gap is still stuck at $106,500; if this gap is filled, the bears could flood the bulls' graves with three meters of grass.
Pinning Down the Minefield: The spike early this morning shot up to $110,400 but was smashed back down to $109,000, exactly like BlackRock's June ETF application 'false breakthrough, real harvesting' trick. The liquidation map from exchanges shows $11.35 billion worth of short positions hanging at $110,000; this position is a meat grinder.
Wall Street's Sneaky Moves: Grayscale GBTC's negative premium has shrunk to -1.9%, and these suited crocodiles just secretly increased their Bitcoin holdings by $25 million last week. Remember the lesson from August when they reduced their holdings, causing a $1,000 collapse; narrowing premiums often signal big moves ahead!
Survival Guide for Practice
Suicide Squad: Place a long order at $108,300 and a short order at $110,200; remember that stop-loss is your life-saving talisman, don't be like whale James Wynn and lose everything with 40x leverage.
News Bombshell
At 2 AM tonight, the Federal Reserve will make a statement; Powell, that old fox, previously caused BTC to drop $800 in half an hour. Even worse, Congress is working on the 'Cryptocurrency Regulation Draft' targeting Tether, which is much harsher than Musk deleting tweets - last year's UST depegging began with regulatory punches!
Hook: During sideways trading, both bulls and bears feel like hunters, but in reality, they are just meat on the chopping board of big players. Remember two things: Bull markets die from interest rate hikes by the Federal Reserve, and bear markets perish from exchange crashes; now in this market... you tell me what you think!
Are you stuck? When to buy the dip? As always, if you're confused and don't know what to do, click on my avatar to comment. I need fans, and you need references.
Intraday: BTC ETH SOL SUI
