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😱 A whale just opened a long position, and Strategy announced selling coins, directly floating a loss of $410k!
This plot is even more thrilling than a script. Last week, Strategy sold 3588 BTC at an average price of $60197, but the cost was $75651. That cut resulted in a loss of $55.45 million. As the world's largest Bitcoin holder, this sale directly crashed BTC from $63990 to $61839.
Looking at the chart——$BTC quotes $62104, Bollinger lower band at $62165, price is already close to the lower band;
$ETH reports $1750, RSI only 28, severely oversold area;
$HYPE is quite resilient, oscillating around $70, Bollinger middle band at $70.83.
📌 My judgment: Bitcoin's position is crucial. If it cannot hold $61800-$62000, the downside space will open up. ETH may have a technical rebound after being oversold, but the strength is uncertain. HYPE is relatively independent, so pay more attention.
Remember, if even whales can't withstand the impact of news, we must respect the market even more. Set stop-losses, control your hands, and wait and see when you don't understand.
What do you think of this wave? Discuss in the comments 👇
#BTC #ETH #HYPE