The pancake's rebound this time has potential, but don't get too excited
Speaking through charts Selling pressure is strong; as it approaches 74,000, it drops The ETF is still buying, but it's all small amounts So the height is limited
The trend is the same as previously analyzed It won't fly straight up, but will grind upward with fluctuations After a surge, it’s likely to pull back around 70,000 and then bounce back
I adjusted the Fibonacci levels 0.618 is around 74,500 Based on this volume and the speed of ETF inflow, it can at most touch 78,800 before it has to take a break
Keep an eye on volume and fund flows Around March 17th Prepare for mid-term short positions
Don't chase the highs, be careful not to get trapped The big players love to see you go all in 😏
America's recent actions On the surface targeting Iran But actually aimed at China
The essence boils down to three points: 1️⃣ Deploying troops to the junction of Europe, Asia, and Africa Controlling the lifelines of minerals and energy 2️⃣ Choking off the land Silk Road Preventing the Eurasian continent from uniting 3️⃣ Disrupting the north-south passage between Russia and the Gulf Weakening the entire economic zone
Iran is just an entry point The real goal is to contain China
This situation... is even more ruthless than the harvesting of altcoins It all depends on whether China can break the deadlock
I bet Bitcoin can rise And I also bet China can win This wave must be full of faith 🇨🇳
When the war drums sound, gold rises and Bitcoin falls The market digests this wave of news over the weekend
If you ask me, this battle in the Three Kingdoms is just for show Old Trump finds a way to back down while boasting a bit How dare the Americans really engage in a long-term war
With the bad news hitting, Bitcoin only touches 63000 No crash, no waterfall At this position... short-term can try with a light position Target below 69000
Why won't it immediately be cut in half to rush to 40000? The market doesn't have enough money, the oscillation time hasn't been endured long enough The retail investors haven't fattened up, and the main players are reluctant to harvest
Just wait, the oscillation and accumulation will last until mid-March By then, liquidity will come up, combined with the bad news of no interest rate cut in March Directly a wave of sell-off Bury all the iron-headed bulls
That scene... just thinking about it makes me feel bittersweet 😏
The Americans are causing trouble in the Middle East The army is pressing towards Iran Gold has risen, and the big pie has fallen So what happened over the weekend?
If you're not going to fight, hurry up and pull up the market Stop scaring us retail investors every day National debt has reached 38 trillion, yet you're still acting tough
Do you really think you're the world's police? Fighting this and that Your own backyard is on fire
I only care about my positions Don't affect my bottom fishing World peace? First, make the K-line look better before talking.
The era of AI has arrived Your cognition is the moat Technology, resources, execution These are the hard currencies
Stop staring at fakes all day Missing out is worse than being trapped Either go all in or stay out The centrists will be harvested sooner or later
Pay for value? Have the courage to act If you lack execution, shut up Don't be the chives of signal callers
If you can't even understand the big and small cakes What are you talking about AI moats First ask yourself When it drops by half, do you dare to buy the dip
Wu Jihan directly cleared the company's big pie Mining machine big shots have all run away, this signal is clear enough
Vitalik is also secretly selling Withdrawing ETH from Aave in batches for a month Still holding 240,000 in the wallet, is this the rhythm of clearing inventory?
ETF institutions are even harsher Net outflows for four consecutive months November - 3.48 billion December - 1.09 billion January - 1.62 billion February - 0.993 billion This scythe swings really hard
The big pie has dropped to 67,000 These big shots are still crazily reducing their holdings What does this mean? Those who understand, understand
In this market Either watch from the sidelines Or be ready to buy the dip Don't be silly and act as a bag holder
Just a word from the horse's mouth This round of correction isn't over yet Don't rush to go all in Wait for a spike before considering entry
Remember Even in a bull market, you need to learn to escape the peak In a bear market, you must control your hands Don't be led by the rhythm of the shout-out dogs
This week's glassnode data shows The market is a bit too calm, which is scary
Want a real rebound? Three conditions must be met: 1. Spot demand must come back 2. Whales need to start hoarding again 3. Liquidity must truly improve
Without these? Continue to oscillate, I suppose
📊 Market structure Bitcoin has broken the key average price of 79k 54.9k below is a hard bottom Without macro favorable stimuli It is highly likely to grind within this range From 79k to 54.9k Enough to play around for a while
🛡️ Support area The area between 60k-69k is interesting In the first half of the year, retail investors were crazily buying here Near the cost price Now the selling pressure is being digested here It has supported the current consolidation
💰 Chip accumulation The score has returned from below 0.1 to 0.43 Still a fragile balance Want a sustained rebound? Need to see when the whales start buying again The current volume is not enough to watch
💧 Liquidity Still tight The 90-day profit and loss ratio has dropped to 1-2 Capital rotation is slow The market is all timid
📉 Capital flow Spot CVD is all negative Selling pressure is fierce ETF has begun to net outflows again The previous bottoming effect is gone
🎭 Derivative sentiment Implied volatility has dropped The demand for crash hedging has weakened But this does not mean bullish It just means less panic Market expectations are oscillation
In short The market has shifted from passive liquidation to controllable sideways movement Want a reversal? Wait for those three signals
Before that Hold your positions well Don't move around carelessly