Nuclear-level news
10:52 Glassnode suddenly drops a bomb: The short-term bull-bear boundary for Bitcoin is set at $111,400! This is the first institutional-level bearish signal since the bull market began in 2023, but Norton’s deep monitoring has found that the current price is actually 7.3% lower than this critical point! The chart clearly shows that the STH cost basis line has become a battleground for bulls and bears, and more critically, the +2 STD overheating red line ($205,000) and the -1 STD cooling green line ($88,000) create a death channel, indicating that a $3 billion level liquidity washout is imminent!
Technical death code
Turning Point Strangle: 111400 not only represents a psychological barrier but also the average cost line for short-term holders (blue line in the chart); breaking below means 86% of recent buyers are in a loss.
Channel Warning: +2 STD overheating red line (205000) and -1 STD cooling green line (88000) form a giant descending channel, but strangely, a certain key indicator shows a divergence signal.
Historical Patterns: In the past three years, this indicator has issued similar warnings 7 times, 5 of which saw a decline of over 25% within 7-14 days (specific time cycle analysis has been placed in the team).
Strategy
Position holders must pay attention to two key actions tonight (one of which will be executed when the price rebounds to 108000).
Empty position holders can wait to test a mysterious historical support area (this area has a mathematical correlation with the April 2024 low).
Want to know why Glassnode chose to issue a warning at this time? Norton tracked down that a certain market maker is accumulating a large number of short positions below the cost line...
Why is the STH cost line 7.3% higher than the current price? How many options contracts are lurking below 111400? Join Norton's top team to uncover the capital conspiracies behind the data!#比特币生态逆势上涨
