$BTC Giant Whale Dumps 18,000 Coins! Volume Shrinkage Hides Shocking Danger
Volume shrinkage is the net cast by the main force, and the acceleration of the MACD death cross is the signal for net collection — today BTC is performing the boiling frog trick!
1. Three Major Technical Hurdles!
1. MACD Death Cross Confirmation: Latest data: DIF and DEA gap widened to 67 points
2. Moving Average System Completely Reversed: MA5 death cross MA10 forms a bearish arrangement, weekly MA30 turns downward
3. Volume Shrinkage Hides Danger: Current trading volume 13.7k (only 35% of the monthly average), this pattern commonly leads to bearish declines and a chain of sharp drop when volume increases
2. Latest News Ammunition!
1. BlackRock Bitcoin ETF sees a net outflow of $320 million in a single day, with 24h net inflow to exchanges surging by 15%
2. Early Morning Heavyweight: Fed Official Hawkish Statement "No Rate Cut Until Inflation is Under Control"
3. On-chain Movement: 3,800 BTC transferred from an 8-year dormant wallet (suspected start of Mt.Gox compensation)
4. Sentiment Indicator: Fear and Greed Index at 29 (Extreme Fear), but perpetual contract financing rates are still positive — a typical bullish fuel not yet exhausted pattern
Warning! When both technical and on-chain data give dual warnings, blindly bottom-fishing means supplying ammunition to the operators!
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