2025-12-24 13:25:32

Recently, there is a noteworthy signal in the market: addresses related to Mentougou have dumped nearly 1,300 Bitcoins over the past week. Once this news broke, many traders started to ponder—Is this really a sell-off, or just market manipulation?

Actually, there's no need to overthink. The candlestick charts will provide the most honest answer.

I looked at the current technical situation, and a few key pieces of information, when connected, can clearly explain why BTC is stuck at this price level and unable to move:

**Why can't it go above 87,500?** The intraday resistance zone is precisely around 87,463, which coincides exactly with the large-volume sell-off price. In other words, as long as this selling pressure isn't fully absorbed by the market, the price will be suppressed. This is no coincidence.

**The trend has already issued a warning.** The trend boundary is at 88,968. As long as the closing price stays below this, the apparent rebound is very likely a trap set by the main players to buy at a better price. This kind of situation is especially common in bear markets.

**What is the actual operation?** If you want to go long, don't rush to buy the dip. Unless you can effectively hold above 87,500 with volume, the risk of getting caught in a sudden drop is high. The real support below is at 86,536. Once this level is broken, panic sentiment will truly be unleashed.

To put it simply, news often lags behind, but technical resistance levels never lie. Recognizing this downward move early depends on precise grasp of key price points.

BTC-0.27%

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pumpamentalist

· 4h ago

Mentougou is dumping coins again. This time, we really need to rely on the K-line to speak; don’t be led astray by the news. Wait, has 88968 been broken? If not, this rebound is just a trap to lure in buyers; the main force is deceiving us. The 87500 level is stuck; those bottom-fishing should stay calm. There’s no good outcome in catching falling knives. Damn, we have to wait for the 86536 level again. Do we have to go through this much trouble? Resistance levels never lie. I’ve heard this saying so many times it’s worn out, but it’s true. 1300 coins dumped by Mentougou—are retail investors just going to lie flat? Forget it, let’s see how the K-line moves. Anyway, the news is all just lagging garbage. If we don’t stabilize above 87500, forget about it; the probability is that we’ll continue to go down. The price range where the main force is unloading and the resistance zone are so close—this is no coincidence. If 86536 is broken, that will be the real start of panic, and it will be even more spectacular then. It feels like the main force is just finding ways to cut the leeks; did you guess right?

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LiquiditySurfer

· 4h ago

Mentougou is starting to dump coins again. I know this routine too well, it's just like the probes before the big players in traditional finance dump their holdings. Friends trying to bottom out, hold on. Don't rush in before breaking through 87463. The main forces are just trying to lure more in, it's written all over their faces. The point about the news being lagging is well said. We'll keep a close eye on 86536. Only when it's broken will true panic be unleashed.

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ApeEscapeArtist

· 4h ago

Mentougou is selling again. I'm tired of this routine; candlestick charts are the real way to go.

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MerkleDreamer

· 4h ago

The incident of smashing 1,300 coins in Mentougou, looking at the K-line is much more reliable than listening to the news. Hey, wait a minute, is the resistance level at 87,463 really that precise, or is it another self-fulfilling prophecy? Those trying to catch the bottom are taking flying knives. This time, we really need to wait until 86,536 is broken. If the 88,968 line cannot be held, the rebound is just a pretext for the main force to dump. Technical analysis never lies, but traders' hands might.

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TokenDustCollector

· 4h ago

Mentougou coin dumping is back again, I'm tired of this routine. But is 87500 really that solid? It feels like it will break sooner or later. Be careful, everyone trying to bottom out, don’t get caught in the trap of false signals. Candlestick charts are indeed more honest than words, there's no doubt about that. Just waiting for the 86536 support line, once it breaks through, it will really tell a story. All the news is in hindsight, sticking to the support levels is more reliable. It's either the main players are unloading or it's a trap to lure more buyers; this bear market routine never goes out of style. What can 1300 BTC crashing down do? It all depends on whether the popularity is enough. Is 88968 really the dividing line? Sometimes it feels like these levels are just post-hoc rationalizations. Don't rush to go long, I've heard that phrase countless times, but it still rises when it’s supposed to.

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ForkTrooper

· 4h ago

Again and again, stuck here, so annoying --- Tossing 1300 coins in Mentougou? I think it's just the main force's manipulation trick. Such obvious price suppression, can't you see it? --- It's really frustrating that 87,500 can't be broken. I feel like I need to wait a bit longer --- I've seen too many cases of false rebounds. You can see through it just by technical analysis. I don't believe anyone is still catching flying knives here --- If the barrier at 86,536 below is broken, I'll just run --- The saying "The news is lagging behind the technicals" is spot on. I only look at candlestick charts, not stories --- 1300 BTC is no small matter. Whether it's really being dumped or not depends on how things develop later --- 88968 is the dividing line. I remember this. If the close is below it, it's game over --- Stop catching the bottom, brothers. I've really suffered losses before

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AmateurDAOWatcher

· 4h ago

Mentougou is starting to dump again? This wave of诱多 tactics is really deep The 87500 level is firmly stuck, it really feels like someone is holding down the market there If 86536 really breaks through, those who should run, better run quickly Candlestick charts don't lie, but my wallet often deceives me The desire to buy the dip and the reality of losses are always an internal battle

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