$BTC SEC Delay, Miner Selling Pressure, K-Line Killing Opportunity! Three Major Bearish Factors Trigger BTC Waterfall Kill?
Today's BTC four-hour K-line hides a killing opportunity; the apparent bullish line is actually a 'fishing line', as the main force is harvesting retail investors!
Market data: BTC current price 104,978 USDT, 24-hour decline of 1.5%. Although the four-hour K-line closed bullish, the trading volume shrank over 30%, a typical 'volume-less rise'. The MACD indicator's DIF line and DEA line formed a high position death cross, and the MACD histogram has been negative and expanded to -953.94, with bullish strength severely declining!
Technical analysis: The KDJ indicator's J value dropped below 20 to form a death cross, and the K-line and D-line are entangled in the oversold zone, with bears in control. The middle track of the Bollinger Bands has turned into a resistance level, the upper track is like a mountain pressing down, and the lower track is open, with the risk of a crash approaching!
Morphology: The four-hour chart shows a 'double top reversal' structure, left shoulder at 111,980 USDT, right shoulder at 108,652 USDT, neck line at 100,372 USDT. Historical data shows that after a double top breakdown, the average decline reaches 18%, targeting the psychological level of 90,000 USDT!
Capital situation: The main force's order display shows that there are 6.35759 BTC sell orders piled up at the price of 104,981 USDT, while buy orders are sparse. Although the 24-hour trading volume reached 120 million USD, the net inflow was only 1.91 million USD, with large funds secretly unloading, and retail investors clearly taking over!
News: The US SEC has postponed the review of the BTC ETF, regulatory pressure in China continues, and miners are facing cost pressures due to the surge in computing power, with network security being threatened!
Operational advice: Holders should immediately lower their stop-loss level to 103,249 USDT, and withdraw if it breaks! Bottom fishers need to wait for BTC to pull back to the 90,000-95,000 USDT range, and meet three major conditions: MACD bottom divergence, trading volume increases by more than 50%, and fear index below 20. Remember: In a bear market, there are many long candles; in a bull market, there are many sharp declines, so do not blindly bottom fish!
'The big players are not afraid of you making money, but afraid of you not playing!' When the exchange pushes 'one-click full position', when even the market aunties are discussing BTC, run!
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