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🔴$BTC $80k! Hold the line!
It briefly fell below in the morning, and many people panicked in front of their screens.
Unexpectedly, buying interest quickly intervened, pulling it back forcefully, with a V-shaped reversal directly arranged.
$331 million in liquidations served as a lesson to leveraged traders, but from the results, the main players don’t want it to break easily.
This drop was more about profit-taking within the market rather than external panic-driven.
Short-term, breaking through $82k is difficult, but support below is clear, with a zone of $75K-$77K providing backing.
The loss and regain of $80k—this signal is worth paying attention to.
🐟 $LAB This pond, the water is very deep.
After on-chain detective ZachXBT named the project, the project's related addresses transferred 3.66 million tokens last night, worth about $14.07 million, and later diverted another 80k to other contracts, purpose unclear.
Currently, the price has rebounded to around $4.54, nearly recovering the lost ground.
No official explanation has been provided, and the token flow remains opaque, which warrants extra caution.
🏦 Traditional finance is turning a bit fast in this show.
JPMorgan Chase was talking about “joke assets” 18 months ago, and now they’re starting to accept Bitcoin as collateral.
Strike CEO said very plainly: if Wall Street’s entry could destroy Bitcoin, it wouldn’t have succeeded from the start.
Meanwhile, Bitdeer has sold all 193.8 BTC mined over the past two weeks, currently holding zero in its own wallet.
📌 A few takeaways from recent experience:
· On-chain data is more honest than candlestick charts; large transfers often hide information
· The faster the news spreads, the more you need to review the logic yourself
· When others panic and exit, it’s often close to a reversal
🔥 What do you think about this on-chain transfer by LAB?
Share your thoughts in the comments—those who understand fund flows usually won’t pick the wrong side.
Follow me for daily analysis of market trends and on-chain data, no fluff.