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Guys, we hit another new high. I told you to keep going long with your eyes closed. There will be more new highs after this. Go long in the Asian market, continue going long in the European market, and the US market will be a big harvest. We already had a big harvest today before the US market even opened. I've been shouting long all the time, but how many retail investors actually listened? I didn't give a short order, telling you not to short, but you still went against the trend. I wanted to give you a breakeven opportunity, but the opportunity was wasted...
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The latest Glassnode data shows that over 40,000 BTC, worth a total of $3.28 billion, have been quietly transferred out of the exchange in the past week! Such a large-scale withdrawal often indicates the strategic layout of Whale investors. The withdrawal of such a huge amount of BTC demonstrates the confidence of holders in the future market and further tightening of supply. This trend of withdrawing from exchanges may provide strong support for the further rise of BTC prices and attract more investors to follow suit.
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From a technical perspective, BTC fell back to around 80400 during the day and stabilized before starting a Rebound again, with the price now oscillating around 81900. The daily chart has hit a new high again, with continuous small bullish Candlestick patterns consolidating and building momentum. Yesterday's large bullish candlestick with high volume closed near the high, indicating a potential continuation the next day. The strong uptrend in the daily chart continues to rise, with the Candlestick pattern currently breaking through last week's high point and remaining strong. In the short term, it is expected to further approach the psychological level of 85000. Continuously hitting new highs in a strong manner. Looking at the four-hour chart, the uptrend continues, with a rebound to around 78500 during the day, stabilizing and recovering, breaking through the eighty-thousand mark again to form a strong support turning point. There is a high probability of continuing the strong uptrend today, with a potential correction expected in the evening. Combining the Bollinger Bands' midline on the hourly chart moving up to around 78000 and the strong performance during trading hours. The space for pullback may be relatively limited. In terms of trading, it is recommended to operate in batches during a strong market to avoid missing out on opportunities.