#Strategy加仓BTC FHE's recent trend is worth paying attention to. Massive inflows drive the price to break out strongly, accompanied by a surge in open interest—this usually indicates that the main players are positioning, rather than a short squeeze.



From the price action, there was no panic selling after the breakout, and buying interest continues to absorb the supply, which is a good sign. The price and volume are rising together along with increasing open interest, confirming that the bullish momentum is still intact. The current stage is a consolidation after the breakout; as long as key support levels are maintained, the upward momentum is likely to continue.

From a technical perspective, the range of 0.195-0.205 can be considered as an entry zone, with a stop-loss set at 0.175. The first target is 0.245, and if a breakout occurs, the next target is 0.285.
BTC-1.61%
FHE12.62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ZkProofPuddingvip
· 8h ago
I believed when the main force was positioning during this period, but I'm just worried it will be another trick to let more retail investors take the fall.
View OriginalReply0
ProveMyZKvip
· 8h ago
Main force is just main force, can't you stop thinking about stepping on others... The worst thing is a sudden dump, and then all these signals become useless.
View OriginalReply0
ChainSauceMastervip
· 8h ago
The surge in open interest looks real, but I wonder if this time it's just the main players accumulating and then dumping the price. Honestly, I'm not confident about it.
View OriginalReply0
RektRecoveryvip
· 8h ago
ngl this "sustained buying pressure" narrative hits different when you've seen it play out three times already... classic pattern recognition moment, tbh the support holds until it suddenly doesn't lol
Reply0
MevShadowrangervip
· 8h ago
I've heard the main force accumulation theory many times. Every time, there's a big drop right before a breakout. I'll just wait patiently for a pullback before going up again.
View OriginalReply0
AllInDaddyvip
· 8h ago
A surge in open interest is indeed a signal from the main players; the bears wouldn't dare to play like this. I bet this wave can break 0.245.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)