BTC has been in sideways fluctuation all day today, making me, who has been watching the market, almost fall asleep. But in the afternoon, there was a piece of news that instantly woke me up: the insider giant whale transferred 5152 BTC to a new address. Is it to dump or to relocate? Will tonight be a Black Friday? What should players do?
News: Two heavy punches hit at the same time

First Punch: Mysterious Giant Whale Moves at Midnight
The insider giant whale transferred all 5152 BTC to a new address without any warning. Such a large transfer either indicates preparation for a dump or a change in position. The timing is set during the Asian-European trading hours, clearly trying to avoid the main trading period and acting quietly.
Second Punch: The Bank of Japan turns hawkish.
The Bank of Japan will commit to 'further raising interest rates' at next week's policy meeting. Although the market has long anticipated this, the central bank emphasizes that it will 'continue to raise interest rates until reaching the neutral rate,' which effectively tightens the global liquidity again. Once the USD/JPY is drained, risk assets may be under pressure.

Technical Analysis: Resistance level: $95,600 (currently difficult to break through) Key level: $91,000 (the dividing line between bulls and bears, breaking below will weaken) Support level: $84,000 (mid-term lifeline)
Indicator signals:
The BOLL middle track is at $91,714, and the price is currently struggling near the middle track.
RSI is at 51.32, not yet oversold, but momentum is weakening.
Trading volume has significantly shrunk, and the market is filled with a wait-and-see sentiment.
From the 1-hour view, BTC has been consolidating all day today. If this whale transfer sees subsequent transfers to exchange addresses, short-term selling pressure will increase significantly, likely testing the key level of $91,000 directly. However, if it can hold $91,000, it still belongs to a healthy correction.

Operational thoughts: Aggressive traders can place buy orders in batches near $91,000, while conservative traders should wait for the 4-hour chart to regain the BOLL middle track before following up. If it breaks below $90,000 with increased volume, consider exiting the market temporarily to observe.
Personal opinion: Is this an opportunity or a trap?
My judgment is: short-term fluctuations will intensify, but the short-term trend remains unchanged.
There are three reasons:
Whale transfers do not necessarily mean a market crash—this could be institutional wallet management or OTC preparations. The real caution should be whether there will be inflows to exchanges afterward.
The Bank of Japan's interest rate hike has been brewing for half a year, and the real impact is on arbitrage funds, not Bitcoin's intrinsic power.
The weekly upward trend remains intact. As long as the support at $84,000 holds, every sharp drop is a buying opportunity.
Every day, Tianji announces three waves of strategies in the village. If you are not holding 5 million, please follow Tianji's real-time thoughts closely to avoid liquidation risks. The current market is unpredictable, and each villager has different positions, so please keep up with the entry points announced by Tianji in the village!
