Family, last night at the moment Bitcoin broke 100,000 on May 8, wasn't the live stream as lively as the New Year? This wave of market action is even more thrilling than a roller coaster! Today, let's review this "100,000 Assault Battle" and see how the main players are playing the psychological game.
The bulls really went all out this time! They directly threw out a $30 million order, making it seem like they were saying, "At the 100,000 mark, I've got this today!" But the bears are not foolish either; they buried a $21 million mine right at the 100,000 mark.
Interestingly, the bear main players are playing it smart—every time there’s a new high, there’s a pullback, so this time they only placed a small order to test the waters.
Looking back at the records, did you notice? The entry point for the main players this time is simply amazing! The timing for closing positions is as precise as if they had opened a heavenly eye.
The most impressive part is that after closing their positions, they didn’t stop; at 10 PM last night, they smashed in another $30 million, clearly giving the night owls among retail investors a benefit!
Although they quietly retreated at 7 AM, the host dares to bet that this guy is definitely still observing in the shadows.
Then the situation became more and more interesting! The sell orders above are like a carrot hanging in front of a donkey, so close it’s almost touching its nose. If I were the main player, I would definitely first push the price up to eat the sell orders, then smash it down to catch the panic selling from retail investors, easily making a profit.
But seriously, compared to the $50-60 million orders from a few days ago, these $20 million chips on the market are simply appetizers!
Brothers who can’t sleep are in luck! Recently, big market movements love to launch surprise attacks in the deep of night. Trading sleep for wealth is a good deal! Don’t you think?
Subsequently, the bulls added another $40 million order! Now the buy orders below are almost $80 million, and 99,000 is basically a solid bottom. What about the bears? They have a few small orders hanging around, so pathetic that I want to crowdfund for them! The key point is—this time the orders have not been withdrawn for 5 minutes, it seems they are serious!
Come on, if you currently hold $40 million, how would you operate? I would say, definitely first smash the price to trigger stop-loss orders, letting the market help me eat the orders. This is called "using four ounces to deflect a thousand pounds," a trick that main players love!
A large order has emerged below, and the bear defense line is starting to weaken. It seems that the 100,000 mark is about to reveal its true nature today! Bears, don’t rush; wait for the bull big shots to finish eating your chips, and they will naturally smash the price for you to catch~
It feels really great to witness history with everyone again! Remember, brothers, in the crypto world, you need to be able to read K-lines and understand people's hearts. Don’t sleep too deeply tonight; there might be another big show!
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