Is the market playing psychological warfare? This chart has already revealed the main players' bottom line!
Hey folks, have you seen this chart? On the surface, it seems calm, but in reality, there are hidden currents! Prices are bouncing between 89368.9 and 91338.2, reminiscent of the main players playing 'hide and seek' right under the noses of retail investors. But the real hunters have already caught a whiff of the meat from the details!
Three hard-core signals you must know:
MACD drama unfolds: DIF and DEA are 'testing each other' below the zero axis, while the histogram quietly turns positive. Is this a bear market signal? Clearly, it's a sign of short-seller exhaustion, and bulls are secretly gearing up!
Price action speaks volumes: The rebound high of 91338.2 has been tested repeatedly, with each subsequent low gradually rising. This is called an 'ascending wedge consolidation,' a typical high-level accumulation, not a top signal!
Market sentiment traps: While the whole network is buzzing about the 'bull vs bear showdown,' the stablecoin balance of on-chain whales is quietly hitting new highs. In plain terms: smart money is waiting for retail investors to panic sell so they can scoop up cheap chips!
My table-thumping viewpoint: There may still be a wave of 'fake drops' for shakeouts in the short term, but around 90000 is the golden defense zone! Don't get shaken off the train by the volatility; what you need to do now is not cut losses but hold tight and set stop losses. The most expensive pain in a bull market is being there when it drops and not being there when it rises!
