The feast is over, the sickle appears - when the Bollinger Bands closure meets the MACD death cross, 110,000 has become a short-term iron top.

News front: Three major bearish pressures looming.

Trump's 'big thunder with little rain':
Although he announced a strategic U.S. Bitcoin reserve, it is actually the confiscation of assets to fill the treasury rather than buying with real money. The market found no new buying, and the good news turned into a selling pressure trigger.

Federal Reserve interest rate cut expectations 'advance overdrawn':
May core PCE inflation fell to 2.52%, which boosted the market, but EMC Labs warns: current prices have digested all interest rate cut expectations before September, and the good news has run out, turning into bad news.

On-chain giant whales 'turbulent currents':
Exchange BTC balances continue to decline (supply shortage), but the 'realized supply density' indicator shows a large accumulation of early chips around 105,000, triggering a wave of selling on slight fluctuations.

Technical analysis: Death signal on the four-hour chart.

Bollinger Bands 'suffocating closure':
The upper band is pressed down to 108,000, the lower band supports at 100,000, and the price is struggling at the middle band 104,500. Historical rule: 80% probability of a decline after closure, targeting the lower band.

MACD death cross 'Green bars roar':
The fast line deeply penetrates below the slow line, green bars continue to enlarge, and the bearish momentum is so strong that even an 'oversold rebound' is hard to save.

Key level 'Bull-Bear watershed':

Resistance: 107,500 (recently multiple high points of retreat)

Support: 102,500 (20-day moving average + psychological defense line), breaking this will slide down to 100,000.

Volume truth: Decrease in volume during an increase, increase in volume during a decrease - a typical signal of main force retreat.

Operation summary: Better to wait for the hare than to lick blood on the edge of a knife.

Short strategy:

Open shorts in batches around the current price of 105,000 (position ≤ 20%), target 102,500 → 100,000;

Add positions on the rebound at 107,000, stop loss above 108,000 (to guard against false breakthroughs).

Bottom fishing warning:
Don't catch flying knives! If it breaks 102,500, there is no strong support below, wait for a volume drop below 100,000 before considering going long (speculating on a technical rebound).

Cash is king:
Leave 50% bullets, wait for the June 11 'Trump fundraising explosion' event to land - if the news is bearish, it may crash to 95,000 for bottom fishing.

Remember, a bull market can make you money, a bear market can make you rich - the key is whether you dare to pull the trigger in fear. For more insights on crypto, click my profile and follow me. Enjoy strategies for deploying high-potential coins in a bull market and daily spot strategies! $BTC #特朗普媒体科技集团比特币财库