🔥 The Bitcoin Bull-Bear Battle Intensifies! Key Level Struggle is Imminent
⚠️ Whale Liquidation Alarm vs Institutional Bottom Fishing: Market Discrepancies Widen
Recently, Bitcoin has been locked in a fierce tug-of-war at the $105,000 mark! Despite Whale Wynn facing a liquidation risk of $120 million due to a 40x leveraged long position, new institutions are doubling down against the trend:
- MicroStrategy invests an additional $1.1 billion to acquire 11,000 BTC at an average price of $101,000;
- Metaplanet buys $117 million worth of BTC at an average price of $108,400;
- A mysterious institution placed large buy orders between $104,100 and $105,200, suspected of providing key support for 'market protection'.
💡 Technical Analysis Reveals Three Key Signals
1️⃣ Bull-Bear Standoff: The 4-hour chart shows a MACD death cross but declining trading volume; the bears have not broken through the $104,200 defense line;
2️⃣ Rebound Energy Accumulation: RSI (14) fell below 50 but is recovering; if it stabilizes above $106,500, it may trigger a short-covering rally;
3️⃣ Eye of the Liquidation Storm: Falling below $104,000 could trigger programmed selling, while breaking above $108,000 will ignite a wave of short position liquidations.
🐋 Whale Wynn's 'Performance Art' Revelations
- Live-streaming a 40x leveraged position attracts attention but exposes liquidity traps in the contract market;
- Refusal to add positions + deleting tweets sparks controversy, but the unchanged position suggests 'holding out to the end'.
📈 Institutions' Covert War: Left Hand Selling, Right Hand Accumulating?
- Grayscale GBTC sees a single-day inflow of $420 million, possibly positioning ahead of ETF approval;
- Miner sell pressure surges (18,000 BTC flowing out in a single day), yet the proportion of long-term holders remains over 65%.
