Based on recent distribution data, the market structure of Bitcoin is quite interesting. Near the 85,000 price level, there is an accumulation of as much as 7.5 billion in chips, while around 96,000, it sharply drops to 1 billion. Such a disparity itself indicates several issues.
Currently, there are two opposing voices in the market. One view believes that the big players are诱导 retail investors to short, then gradually push up the short positions, which is a classic "short trap" tactic. But some also say that this might just be brewing a sideways consolidation, aiming to shake out impatient longs and pave the way for a subsequent decline.
The accumulation of chips at low levels usually indicates that the main force is building positions or defending the price within this range. But the key question is whether they intend to rebound from this, or are they just wasting time waiting for the right moment? Judging from the price span and the disparity in chip volume, the market is currently at a very delicate balance point, with both bulls and bears waiting for the other side to reveal a flaw.
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CascadingDipBuyer
· 01-06 06:54
85,000 that pile of chips is really outrageous, feels like it's just blocking there
Wait, is this really supporting the market or digging a trap, so exhausting
Is it a short trap or a downward prelude, honestly no one can say for sure
What tricks are the main players playing, always holding us up like this
Wow, only 1 billion chips at 96,000, the gap is incredible
I just want to know what’s next, stop hesitating
This rhythm, both bulls and bears are testing each other
7.5 billion versus 1 billion, it's obvious there's a trick
Sideways or rebound, the crypto world is always unpredictable
I don't understand, anyway, I'm just trapped
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FUD_Whisperer
· 01-06 06:49
The 85,000 chips don't smell right. How could the big players be so honest?
Is this a bear trap or a shakeout? Anyway, I don't believe they have good intentions.
This situation is indeed delicate, but I'm betting on trying to go further down.
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StablecoinGuardian
· 01-06 06:45
7.5 billion chips stacked at 85k, this move is indeed big. But to be honest, no one can really guess what the market makers are thinking—whether it's a short trap or a shakeout, I think the probability is fifty-fifty.
After such a long period of sideways trading, I'm already tired of it and just waiting for the moment to break the deadlock.
The data discrepancy is so large, it feels like a psychological battle, exhausting.
It's either a short trap or a shakeout, hearing all these theories makes my head buzz. The key is whether it can hold steady at 96k.
From 85 to 96, only an 11k range, and the chips are directly cut by 80%, what does that mean? It indicates that there's indeed tremendous pressure above.
Waiting for a flaw? I think the market has also gone silent; neither bulls nor bears have the energy.
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NotFinancialAdvice
· 01-06 06:35
The 85,000 chips really can't hold anymore, it feels like it's about to explode at any moment.
Short trap or shakeout, it's all nonsense, just waiting to see who panics first.
What kind of support is the main force providing? I think they're just exhausting retail investors' patience.
This delicate balance will eventually be broken, it all depends on whether the players have enough strength in their hands.
The 96,000 chips are pitifully few, it feels like a sign of a false breakout.
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GasDevourer
· 01-06 06:30
85,000 chips really can't hold anymore; it feels like the market makers are just teasing us.
Staying sideways for so long is really frustrating; just waiting for the day it suddenly erupts.
The gap between 1 billion and 7.5 billion shows that no one at high levels is buying in the first place.
Rather than guessing the main force's intentions, it's better to take a gamble—losing money is the norm anyway.
This game is really delicate; whoever moves first will lose.
Based on recent distribution data, the market structure of Bitcoin is quite interesting. Near the 85,000 price level, there is an accumulation of as much as 7.5 billion in chips, while around 96,000, it sharply drops to 1 billion. Such a disparity itself indicates several issues.
Currently, there are two opposing voices in the market. One view believes that the big players are诱导 retail investors to short, then gradually push up the short positions, which is a classic "short trap" tactic. But some also say that this might just be brewing a sideways consolidation, aiming to shake out impatient longs and pave the way for a subsequent decline.
The accumulation of chips at low levels usually indicates that the main force is building positions or defending the price within this range. But the key question is whether they intend to rebound from this, or are they just wasting time waiting for the right moment? Judging from the price span and the disparity in chip volume, the market is currently at a very delicate balance point, with both bulls and bears waiting for the other side to reveal a flaw.