Last night, a piece of news went viral on blockchain monitoring—after being silent for 8 years, the 'BTC OG giant whale' suddenly took action, dumping 560 million USD to aggressively open long positions! This is not small money at play; it's a real big player making moves. Is a surge truly coming? Or is it a trap to lure in buyers? Today, Zhou Yi will help you dissect the news and technicals, telling you what to do next!

News interpretation

This giant whale has continuously increased its long positions in BTC and SOL for the past 4 hours, with just the BTC position exceeding 90 million USD, and has placed nearly 500 million in buy orders on ETH! What's even more intriguing is that he previously opened a short position right before a market crash, making 100 million USD. Now he has turned bullish, clearly sensing something in the wind! The movement of funds at this level often indicates the brewing of a major market trend—follow the right moves to profit, follow the wrong ones to be cut.

Technical analysis monitoring

From the 1-hour K-line, the overall trend of BTC is upward. After a golden cross below the 0 axis in MACD, it is steadily rising, indicating a bullish accumulation phase. However, the resistance above is also clear:

First resistance level 93563 second resistance level 94586 (pullback pressure is obvious)

The support below looks at: bullish-bearish dividing line 92367

Intraday support 91411 strong support 90519 (if it falls here, the probability of a rebound is very high)

Currently, trading volume has shrunk. If it breaks through 93563 with increased volume, it may directly surge to test 94586; if it can't break through after a prolonged attack, it may pull back to support to gather strength.

Yijing viewpoint
In the short term, I see fluctuations upwards, but it won't happen all at once. The whale's increased position indicates that the main players are optimistic about the future market, but retail investors should be cautious of a pullback—after all, resistance levels are not made of paper.

Today, the key observation is whether 93563 can hold. If it breaks through, a light position can be added; the target looks towards 94586; if the upward momentum is weak, then take rebounds in the 92367–91411 range, and if it breaks below 91411, wait until around 90519 to take action.

Player strategy

For those with light positions, accumulate long positions in batches in the 92367–91411 range, with stop losses set below 90500.

For those with heavy positions, the 93563–94586 range can be partially reduced to secure profits.

This is just the starting point of the market, not the endpoint. Why did the whale suddenly coordinate with SOL and ETH together? Is there an even bigger move behind it? Pay attention to Yijing, I will provide real-time updates on on-chain movements and the tracks of the main players in the village—what coin to ambush in the next phase and when to escape at the peak, you won’t miss it.