Tonight's Bitcoin Life-and-Death Battle: 23 BTC 'Nuclear Bombs' Pressing the Market! Can 110,237 USD Break the Deadlock?
Bitcoin faces a life-and-death showdown tonight! At 109,536.5 USD, 23 BTC short orders have built a giant resistance wall. If bulls want to break through the historical resistance at 110,237 USD, they must meet three conditions: large orders aggressively eating through sell orders, increased trading volume, and maintaining above 109,500 USD. Otherwise, bears may counterattack down to the lifeline at 107,705 USD!
Technical Analysis: The Main Orders Hide Secrets
Current委比-0.54%, selling pressure dominates, but near 109,536 USD, retail buy orders are dense, and a fierce battle between bulls and bears is underway. If large orders of 5+ BTC continuously sweep the market, the probability of a violent breakout will soar; if the price lingers around 109,500 USD, beware of traps to lure in buyers. Transactions are mainly small orders, with retail investors dominating, while the main force waits for a shift in the market.
News: Bulls and Bears Exchange Fire
Bullish Fuel: BlackRock BTC ETF has seen net inflows for 7 consecutive days (with an increase of 320 million USD yesterday), miners are reluctant to sell (only 800 BTC sold this week), and the Federal Reserve's dovish signals (possible rate cuts in September) are favorable. Bearish Explosives: The German government transferred 7,500 BTC (8.2 billion USD in selling pressure), and US PPI data will be released tonight, with Binance's long-short ratio soaring to 1.7 (retail investors are at risk), hidden risks abound.
Retail Strategy:
Lightning Breakout (20% probability): In 5 minutes, if 3 large orders of 5+ BTC aggressively eat through sell orders, chase the price at market, aiming for 110,237 → 110,500 USD, with a stop loss at 109,500 USD to guard against false breakouts.
Volatility Harvest (70% probability): When the price fluctuates between 109,500-109,540 USD, place a short order at 109,520 USD + a long order at 109,300 USD (grid arbitrage), with a stop loss on both sides of 50 USD to reverse.
Nuclear Explosion Downward (10% probability): If it breaks below 109,000 USD with increased volume and rebounds weakly, reverse to open a short position, targeting 107,705 USD, with a stop loss above 109,500 USD.
Tonight may become a watershed moment between bulls and bears! Keep a close watch on trading volume and large orders, and avoid emotional trading.
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