Brothers and sisters, recently the trend of Bitcoin has been making people anxious, right? Everyone is rubbing their hands waiting for it to break 110,000. Do you think this wave can succeed?
Let's break it down and talk about the current situation:
The main players have been quietly unloading - just the high-position cashing out amounts to 143 million USD, which is quite a shocking number, right?
I used PRO's [Main Player Large Order Tracking] to filter orders over 3 million USD, and I dug through the data from the three major exchanges: Coinbase, Binance, and OKX…
The market's selling pressure was already as crowded as a train station during the Spring Festival, and then suddenly a piece of good news came out, and several big players started buying. However, the sell orders still outnumber the buy orders, so a short-term pullback is completely normal~
But don't panic! A crash is impossible, it will never happen in this lifetime~ I estimate it will hover around 103,000. Look at this thick peak of chips below, like a safety cushion; as long as it holds, shooting up is just a matter of minutes!
Why do I dare to call for 110,000? It's not a random decision! Coinbase suddenly popped up with a super large order of 35 million (image 6), and seasoned traders know that orders of this magnitude are rarer than pandas on this platform! Friends using PRO can set alerts just like I did (image 7), we can't miss this market wave~
Why do we always talk about BTC? Bitcoin is always the barometer; just like when you buy stocks, if the index is in a bull market, you can almost make a profit no matter what you buy, it's the same principle.
By the way, hurry up and join our community to discuss the upcoming market trends together!
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