🚨 Bitcoin Market's "Selling Signal"! Do You Understand It? 🚨
In the Bitcoin market, the selling actions of major funds are often not a spur-of-the-moment decision, but rather traceable. Identifying these signals can help you avoid being "cut like chives" and successfully "dodge" risks at high points! 💡
🔍 1. Sudden Drop After Sideways Consolidation:
If the price has been consolidating in a range for a period and then suddenly plummets, this is usually a signal that the major funds are starting to sell! 📉 During the consolidation period, the major funds may secretly offload at high points, and this sudden drop often attracts unsuspecting investors to enter the market.
🔥 2. Slow Decline and Sudden Rise Pattern:
A slow decline followed by a rapid rise, which doesn’t last long before dropping again! This candlestick pattern is common during the major funds' selling phase. The gradual price decline makes people think the market is sluggish, attracting bottom-fishing funds, followed by a quick spike that is short-lived, ultimately resulting in another decline. This is a typical trick of the major funds when they are offloading! 🌀
📊 3. Changes in Trading Volume:
Increased trading volume but a price drop, or a price rise without a corresponding increase in trading volume, are all signs of selling! 📈 When the major funds are offloading at high points, they often manipulate the market through massive sell orders, creating a false sense of rising prices to provide opportunities for clearing out their positions.
📢 4. Market Sentiment and News:
When market sentiment is high, the major funds often use news to create illusions. If the price does not rise but falls after positive news is released, it is very likely that the major funds are taking the opportunity to "sell off"! Be wary of this kind of emotional manipulation! ⚠️
📉 5. Divergence in Technical Indicators:
When the price hits a new high but technical indicators such as RSI and MACD do not follow along, this is called a bearish divergence! This usually indicates insufficient upward momentum, and the market may be nearing a peak, with major funds preparing to sell off at this time. 🚧
⚠️ 6. Support Level Failure:
When a previously strong support level is suddenly broken and cannot quickly recover, it indicates that the major funds may no longer support the price! When support fails, prices may accelerate downward, and reverse operations begin.
💼 7. Dynamics of the Futures Market:
An increase in short positions in the futures market, especially when major funds start to shift to short contracts, suggests they believe the market peak is approaching. The major funds may have already begun to prepare for shorting, getting ready for market corrections! ⚡
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