"42 million dollar dump storm strikes, Binance spot market heavily impacted"

Bitcoin recently broke below the 96,000 dollar threshold. According to the monitoring of large transaction indicators, between 14:00 and 16:40, Binance's BTC spot market experienced a large-scale dump. During this period, large holders sold approximately 42 million dollars through market price orders, with a net sell of about 30.7 million dollars, putting pressure on market sentiment for a time. However, the market did not decline comprehensively as a result, with some bulls starting to push back, and Binance's main funds also engaged in bottom-fishing operations at low levels.

Notably, a very large holder executed a super large buy order of 11.247 million dollars near the 96,500 dollar mark, demonstrating confidence in Bitcoin. However, the dumping phenomenon has not fully ended, with the current key support level in the range of 95,500 to 95,000 dollars, and further support below at 94,300 dollars. Meanwhile, the pressure level above is concentrated at 99,180 dollars, and breaking this point may trigger a new round of upward movement.

The Bitcoin market is turbulent, but opportunities and challenges coexist. Investors need to closely monitor these key technical points to accurately grasp market trends. If you don't want to miss more real-time analysis and market insights, remember to follow Mr. Qiu's updates to stay abreast of the latest market dynamics! $XRP $BNB $SOL #币安Alpha第7批项目公布 #BTC上攻11万？ #2025有哪些关键叙事？ #“圣诞老人行情”再现