Large transfer at 5 a.m.: About US$75.01 million in Bitcoins was transferred to the coin vault. 2,768 Bitcoins were transferred from an unknown wallet to the coin vault at 05:12 today, worth approximately US$75.01 million. The large amount transferred to the exchange on the chain may be the entry of a large user into the transaction. Please analyze the operation intention of the large user based on Alcoin's main data.
Take today's pie market as an example. At 6 o'clock today, due to the influx of large amounts of funds into Bitcoin, it reached a new pressure level of 28300 within an hour. Then the bulls continued to exert their strength, and by around 16 noon, it reached a new pressure level of 28300. There is a new pressure level near 28450, which is now running with a mean value of 28200. The current price is around 28,275.
The four-hour indicator uses sideways consolidation instead of a B-wave correction, and there is a high probability that it will form a steady rebound above 28,300. In short-term operations, you can choose opportunities around the lower rail of the range to be bullish. The market outlook looks beyond the previous high. At present, there may be some time for short-term shocks, but the shock is to prepare for further gains. The market outlook is still optimistic about further gains.
Big pie idea: around 28,300, target 28,800
Ether idea: 1715 additional Duo, target 1765
Take today's pie market as an example. At 6 o'clock today, due to the influx of large amounts of funds into Bitcoin, it reached a new pressure level of 28300 within an hour. Then the bulls continued to exert their strength, and by around 16 noon, it reached a new pressure level of 28300. There is a new pressure level near 28450, which is now running with a mean value of 28200. The current price is around 28,275.
The four-hour indicator uses sideways consolidation instead of a B-wave correction, and there is a high probability that it will form a steady rebound above 28,300. In short-term operations, you can choose opportunities around the lower rail of the range to be bullish. The market outlook looks beyond the previous high. At present, there may be some time for short-term shocks, but the shock is to prepare for further gains. The market outlook is still optimistic about further gains.
Big pie idea: around 28,300, target 28,800
Ether idea: 1715 additional Duo, target 1765