Urgent notice! Huge funds are pouring in crazily, the fate of Bitcoin two hours later is about to be rewritten!
Brothers, the data I just saw made my heart race! In the past half day, over 370 million US dollars of main funds have rushed into the Bitcoin market like crazy, with a buy-sell ratio exceeding 8 to 1, which is simply a clear signal telling everyone 'I want to pump it up'.
Right now, this two-hour candlestick has formed a doji, indicating that both bulls and bears are in fierce battle. But the key point is that both the KDJ and RSI indicators have sent out signals of oversold rebound, which usually means that the short-term downward momentum has exhausted, and a rebound is imminent.
My personal feeling is that the main funds are repeatedly placing orders to accumulate near 90,000 US dollars, definitely not sitting idle. Although the EMA moving averages are still pressing downward, indicating a bearish trend, this level of capital inflow is often a precursor to a reversal.
This is very likely a short-term bottom, and once the main funds finish accumulating, the probability of a rapid rise is very high.
Of course, be sure to set stop-losses. If $BTC effectively breaks below 89,000 US dollars, it indicates that the bull's counterattack has failed, and we will need to reassess the situation.
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