Today’s (BTC) market looks like one word: “stagnant”!
K-line live situation: The ceiling is clear, the floor is yet to be tested! On the 4-hour chart, the red line at 123300 USD is glaringly pressing down, the price has charged several times but has been severely beaten back by the bears, definitely a strong resistance level! The red and green K-lines below are jumbled up, with the ceiling pressing down from above and no solid support below, like a drunk man swaying in a narrow alley. The few moving averages representing everyone's cost are twisted like a twist snack! The short-term traders and medium-term investors have similar costs, and the market is completely lost in direction. Coupled with this sticky narrow fluctuation, along with the trading volume being half-alive.
Technical summary: Bulls and bears are in a deadlock, a hard stalemate!
News front: Immortal beings face off, calm and undisturbed!
The German government is 'continuously bleeding': Still hesitating to sell coins, small volume but annoying, constantly reminding the bulls that 'many want to run away from above', creating short-term supply pressure. BlackRock’s 'verbal support': Big bosses shout, 'Looking optimistic in the long run, ETF is accumulating', sounds encouraging, but unfortunately, it’s just confidence rhetoric, and there hasn’t been any real buying pressure in the short term. MicroStrategy’s 'real money': The die-hard fan invested nearly 800 million USD at the beginning of the month to increase their position, truly supporting BTC with action, but this move has already happened, and it’s more about long-term support and emotional influence.
Martial Arts Strategy: Be sly and wait for the wind!
This market combined with news is a typical “chaotic washout period”, where the main force is testing the patience of retail investors!
Retail investors, remember: Don't gamble! In a volatile market, chasing highs and lows = looking for a beating! If it goes up, the Germans' goods at 123300 are waiting to be smashed; if it goes down, big players like MicroStrategy might be lurking to scoop up goods. Making random moves is like slapping yourself! “Sly” survival rules: For those holding coins: Hold steady, don’t mess around. For those out of the market: Don’t rush, the market isn’t closing! Keep a close eye on two key points: Ceiling 123300: If it breaks through with huge volume and stabilizes → Bears will be defeated, follow the bullish signals! Floor focus on the lower edge of the current volatile zone: If it breaks down effectively with volume → Bulls have lost ground, run if you need to or cautiously follow the bears. Tips for watching the news: Don’t just listen to the sounds of good/bad news, the key is to look at the price + trading volume reactions! Good news doesn’t break resistance? Just a false show! Bad news doesn’t break support? Could be a washout! Follow me to get top-tier resources.
The closing golden sentence
“Martial Arts Decision: Quickly lift the lid on the stagnant pot! Keep a close eye on the ‘suspended sword’ at 123300 and the support below, and even closer on the trading volume, the ‘breakthrough fire’! A change in market direction could happen at any time, be ready with your bullets, just waiting for the direction to be clear, and make a big move with the big funds!
For the upcoming layout direction, I plan to help everyone look for those altcoin profit opportunities, expecting returns to multiply by 10 times is not a problem. Like and comment, and I’ll guide you through the entire bull market.