Bitcoin is now like a crazed dog in a casino on drugs, red-eyed and pushing all the chips onto the table—either you get rich overnight or you meet on the rooftop! $BTC
1. Technical indicators show their fangs
The price surged to $111,000, with the four-hour chart showing five consecutive green candles directly piercing the upper Bollinger Band. But three fatal details:
Moving Average Scissor Feet: The MA5 and MA10 have diverged by $800; this 'death cross' appeared three times in 2021, and each time it cleaned out the retail investors.
Volume impotence: The last two green candles saw a 20% decline in trading volume; the main players are pulling back while retail investors are daring to chase.
2. Indicators going crazy
The upper Bollinger Band ($110,830) has been repeatedly touched by 4 consecutive candles, resembling a rogue dining at a free meal.
The RSI has skyrocketed to 78.6, even higher than before the Silicon Valley Bank collapse—historical data shows that exceeding 75 often leads to a correction of over 5%.
3. The dealer's hidden cards: Flip the table or extend life?
Life-extension scenario: A volume breakout above $112,000, paired with Elon Musk tweeting about Dogecoin, could send it soaring to $115,000.
Head-cutting scenario: A sudden drop to $108,000 when Europe opens, triggering a 20x leverage long on CME.
Operation guide (survival version)
Spot traders: Reduce holdings by 20% for every $500 increase above $111,000, and liquidate immediately if it drops below $109,000! Don’t believe the nonsense of an 'eternal bull market.'
Contract traders: Place a buy order for a breakout above $112,500, and open a short if it drops below $108,500, keeping position size at 1%—trading contracts at this position is like dancing on a steel pole in a crocodile pit!
Remember: Bull markets can end abruptly, only those who are not greedy can survive! Are you stuck? Confused? Follow along and break through the blood path!
The market has never lacked opportunities; the question is whether you can seize them. By following experienced people and the right crowd, we can earn more! The battle team still has spots; come quickly
SUI TURMP BONK PEPE OM SOL PNUT NEIRO
