Market Under Currents! In the past 12 hours, the main capital inflow for Bitcoin has been a net purchase of over $12 million, but the situation suddenly reversed in the last hour—an abrupt $1.6 million market sell order was placed, causing the candlestick to form a "bearish engulfing" pattern. This detail warrants caution.

From a technical perspective, alerts are indeed ringing: the price remains above the short-term moving average, but the MACD momentum bars continue to shrink, indicating that the buying firepower is clearly diminishing. The trading volume is even more extreme—dropping instantly from average levels to 27%, with market liquidity being drained significantly. This kind of "suffocating contraction" usually signals that a major volatility is brewing.

Currently, the market is stuck at a key resistance level, with bulls unable to push higher and bears testing the waters—typical pre-storm scenes. From a capital standpoint, the main players are sticking to their old tricks: first supporting the price with small positions, then suddenly dumping to create panic. If the short-term support breaks, it could trigger a chain reaction of sell-offs.

But there's a detail not to overlook—whales' long-term holding costs are still above $80,000, so a sharp decline might actually present a low-entry opportunity.

For short-term trading, it's advised not to fight the trend. Better to miss the move than chase high or bottom-fish. The key is whether the price can break out of the current consolidation zone with volume on the 1-hour chart. If volume surges and the price breaks below the moving average support, then reducing positions is necessary. The market now feels like a spring pushed to its limit—whether it will surge or plunge next depends entirely on how the main players operate.