Jiang Zhor: All bitcoin silos sold at $82,050, followed by $70,000 to $72,000
ON 4 SEPTEMBER, THE FOUNDER OF THE LEBIT MINE (B.TOP), JIANG ZOR, SHARED A RECENT TRADE OPERATION THAT STATED THAT IT HAD SOLD 100 PER CENT OF THE BTC WAREHOUSE AT A BITCOIN PRICE OF APPROXIMATELY $82.05 MILLION. JIANG ZOR STATES THAT THIS TIME, THE SHIFT FROM "NO EMPTY ETH" TO "NO EMPTY BTC" WAS LARGELY DUE TO THE HIGH VOLATILITY OF THE ETH MOVEMENT, WHILE, FOLLOWING THE WEAKNESS OF THE BTCETF AND THE FIRST OUTFLOW OF FUNDS, THE BTC ROSE TO THE PERIMETER OF $815 MILLION, CREATING BETTER OPPORTUNITIES FOR SALE. IN ADDITION, HE CONSIDERED THAT THE BTC ' S CURRENT WHEELWAY, WHICH LASTED ONLY ABOUT 13 DAYS, WAS INSUFFICIENT TO BREAK THE CRITICAL RESISTANCE POSITION OF BETWEEN $83,000 AND $84,000, AND THAT THE SHORT-LINE PATTERN OF AN UPWARD PIN AFTER OVER $82,000 WAS A GOOD TRADE SIGNAL. IN THE FOLLOW-UP, JIANG ZHOR GAVE THE SCRIPT THAT THE BTC FIRST FELL BETWEEN $70,000 AND $72,000 AS “THE LAST CHANCE TO GET IN THE CAR”; THAT IT COULD SUBSEQUENTLY SHOCK BETWEEN $76,000 AND $82,000 AND FIND A STOP-OVER POSITION; AND THAT IF PRICES RISE FURTHER TO $83,000 TO $84,000, $8.23 MILLION WOULD BE USED AS A STOP REFERENCE。
