#美国宏观经济指标链上化 Whales have been a bit restless these days. The day before yesterday, they heavily dumped orders, with a net outflow of over 1,000 coins; yesterday, they re-entered the market in the opposite direction, but only with a little over 200 coins. The rhythm is indeed quite strange.

Whether the price can hold the key levels today depends on what whales do next. If there is another wave of net inflow of around a thousand coins, the subsequent market could be worth looking forward to; if there are only small movements of a few hundred coins, be cautious of trap setups for stop hunting; once the net outflow turns, the probability of a shakeout or a sign of a decline increases sharply.

What’s more painful is that the market now has to deal with two super variables: record-breaking options contracts are about to expire and settle, and ancient whales have just transferred 100,000 ETH to exchanges. The combination of these two factors often amplifies market volatility.

Another detail worth warning about — if the price repeatedly tests the 85,000-91,000 range, hesitating and struggling to break through, once it suddenly chooses a direction, it’s likely to be a false breakout or false breakdown to trap stop-loss orders. The real approach is to stay calm, wait for the price to effectively break through or fall below this key range, or see signs of stabilization after a false drop below before following up. Blindly chasing the trend usually leads to a bad ending.