🚨【Bitcoin$BTC ‌Falls below 80k! LAB on-chain suddenly transfers $14.07 million, this script is too intense】



Bitcoin directly drops from 81.7k to 79.4k, a short-term decline of over 2%, RSI6 once plunged to 18, indicating severe overselling. On the news front, the US and Iran clashed again in the Strait of Hormuz, but both sides simultaneously signaled that the “ceasefire remains effective,” causing gold prices to rebound and crypto safe-haven sentiment to heat up.

And right at this critical moment, the project’s related address transferred 3.66 million tokens (worth $14.07 million) 9 hours ago, with the source of funds directly from the token deployment address, of which 2.12 million were sent to two contract addresses with unclear purposes【Diagram】. On the other side, on-chain detective ZachXBT is offering a $10k bounty for evidence of LAB market manipulation. The token price dropped from a high of 4.96 to 3.06 and is now rebounding around 4.5 for consolidation【Diagram】.

📌 Short-term key level: 4.5 is a critical psychological point; if it cannot hold, it may test 4.0-4.2 again; only a volume breakout above 4.7 could challenge the previous high. The daily MACD remains above the zero line, but the 15-minute chart has already shown a death cross, so caution is advised when chasing highs.

The earlier trend line reveals the direction; after a sharp rise, check where the chips are going first.

Comment below, can you understand LAB’s move this time? 👇
Follow me for daily analysis of real on-chain data.
BTC1.08%
LA3.21%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin