lmx88
@lmx88
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78 Followers
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After hitting $70,000 and falling back, Bitcoin entered a phased adjustment. Although the market is still stagnant, from the 4-hour trend, the decline in each round of adjustment of bitcoin has gradually converged. According to CrytoQuant, since peaking at $73,000, the exchange balance of Bitcoin has shown a rapid downward trend, and the supply of chips on the floor has been significantly reduced. At the same time, in the process of bitcoin adjustment, the funds of the United States Bitcoin ETF are constantly flowing in. This means that in the case of the short's smashing momentum and the strong willingness of the market to buy the bottom, the strong washing may cause the main force to lose chips, so they are more inclined to wash the plate by "in the horizontal substitution". In other words, before breaking through $73,000, the market adjustment will gradually become moderate, and the washing of the market will be achieved more by wearing down the patience of investors. 0 reply
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