The overall alpha score is 1.44, and the overall trend is bullish.
Chip concentration: Highly concentrated, and the bullish trend is obvious (alpha = 2.22).
Market sentiment: Optimistic (alpha = 0.73).
Funding scarcity: Funding is sufficient (Adequate), but this indicator is bearish (alpha = -1.32).
Bullish/Bearish Momentum: Buyers are very aggressive (alpha = 2.69).
Although selling pressure has begun to appear in the order book, this is normal during an uptrend and shows no signs of further expansion. The market pulse is nearing its high but no significant selling pressure has been observed. If support holds in the 91700-93000 range and the price consolidates at this high level, there is potential to challenge higher levels. The overall LQ is below the zero line but has not continued to decline.
Unlike previous periods of low activity, there was no excessive concentration of shares in certain counterfeit stocks, which is beneficial for the overall market to rise.
Based on the VWAP moving average, the current maximum resistance level is around 95468. If it can successfully break through, it can challenge the annual POC level around 100,000 to 103,000. In the chart, the upper left is the daily time frame, the upper right is the 12-hour time frame, the lower left is the 1-hour time frame, and the lower right is the 15-minute time frame, all showing an uptrend.
Key Data Observation
1. High concentration of shares held by major shareholders (short-term risks should be noted):
- Large investors and major funds have quickly established long positions (the concentration of shares has rebounded to $+2$), indicating that funds are actively positioning themselves.
- ⚠️ Reminder: Due to the rapid concentration of shares, short-term traders should be wary of pressure from major players taking profits or selling off their holdings.
2. Whale begin to cover their positions:
- When the "whale alert" indicator, which represents the movement of large funds, shows a green bar, it is usually a signal that large investors are re-entering the market to buy after the market has gone through a bottoming-out and consolidation phase.
3. Selling pressure weakens, trend reverses:
- The selling momentum of the bears has been weakening, indicating that the selling pressure in the market is waning, creating favorable conditions for a price continuation.
4. Short positions have been heavily liquidated (liquidation map):
- Traders attempting to short at the top have been heavily liquidated (margin calls), with the main short liquidation zone at $94,000. ,
Now, at 96,000, a new aggressive short position has formed, creating a new margin call point.
- There are no excessively aggressive long positions below, and the largest long position liquidation zone is below $84,000, indicating a relatively healthy structure.
5. Strong buying pressure:
- The "Bull and Bear Force" indicator shows a significant increase in the number of traders actively buying, coupled with positive liquidation momentum, providing fuel for further price increases.
💡 Summary and Operational Suggestions
Bitcoin has officially broken out of its previous consolidation range, and bullish forces have made a strong comeback.
If BTC can maintain its position between $91,700 and $93,000 and continue to receive support from major players and whale, the next major upward trend is likely to begin.
