1.07 hundred million whale bulls cut positions by 40% and placed break-even orders! $BTC wobbling at the 64,000 level—smart money has started defending!

Brothers, I just came across an on-chain data point—pretty interesting. The biggest BTC long holder with 107 million US dollars just cut positions by 40%, cashing out after taking profits of 554.4 thousand US dollars and leaving. The remaining 994 BTC long positions have directly been placed with break-even stop-loss orders at 64,050—if it drops below the cost basis, they’ll exit, with zero loss.

So what does this move mean? If the market is favorable, I’ll hold it. If the direction goes wrong, I’ll run. Even the biggest long is defending—are you still out here doing mindless all-in?

BTC’s current price is 64,135. After a weekend spike up to 65,084, it pulled back and is now trading in a tight range around 64,100, right near the 4-hour Bollinger Band midline. On the daily chart, MA7 and MA25 are both pressing down overhead, while MA99 is also not far above. Price is right at a dense moving-average cluster—pressure exists both above and below, and the direction isn’t clear.

Technical signals don’t look too optimistic: after topping around 65,040, the rebound faded and it formed a bearish “shooting star.” Chan theory shows the upward stroke’s force has clearly weakened, and the volume-price relationship shows a warning combo: “rebound with volume decreasing + rallying to higher levels but turning into selling with stalled gains.” Support lies in the 64,000–64,200 range; once it breaks, you’ll likely be watching 63,500–63,000.

Whale movement interpretation:
This whale’s average entry price is 64,052, and with the current price at 64,135, it’s only showing about 510 thousand US dollars in unrealized profit. By cutting at this level and placing a break-even order, it suggests they’re not very optimistic about upside room. 64,050 is their lifeline—if it breaks, they leave. What does that imply? Around 64,000, the bulls’ confidence isn’t that firm either.

Mig bull-bear dual-direction trading suggestions:
For aggressive shorts on the bounce, try shorting around 64,500–64,700; for a more steady approach, short closer to 66,000 is safer. For longs, pin long entries into the 63,000–63,500 area where volume tapers off and price stabilizes—try only a light position.

Personal view:
Brothers, even the biggest long is defending—so let’s not be too aggressive either. At this 64,000 level, for it to go up you need volume expansion; for it to go down, you only need one downside catalyst. The situation in the Middle East is still escalating, oil prices are still rising, and 64,000 has been stuck in a range for so long—direction may come down to the next couple of days. Don’t bet on direction. Use a light position and wait for signals.

#GUSD年化升至3.8%