$BTC 7.14 Trend Analysis, currently in a bull market tail situation, reject FOMO!
Emergency Warning Signal:
Conditions for a crash: If the closing price is less than 118500 for 2 consecutive hours, along with an increase of 500 million in open contracts, it will plummet to 116800.
Conditions for a surge: If it breaks 123800 and the trading volume exceeds 80,000 BTC in 1 hour, it will accelerate towards 125000.
Short-term resistance and support:
Resistance at 123800, Binance order wall at 1850 BTC, approximately 230 million.
Support at 120000, Coinbase on-chain buy wall at 3200 BTC, approximately 384 million.
Current empty position strategy, suggest primarily buying the dip:
Observe for stabilization signals at 120000, a reduced volume pullback to 120000, open a long position of 10% with a stop loss at 119200.
If it drops sharply to 118500, increase to 15% with a target of 122800→125000.
Stop-loss rules:
Long position at 119200, breaking point of the daily mid-line.
Short position at 124300, breaking previous high +0.4%.
On-chain monitor:
Whale address 1P5ZED, if it transfers out more than 500 BTC to exchanges, immediately close long position.
If Binance long-short ratio > 1.8, open short for hedging.
Reference for limit entry in an empty position below ⬇️
