Is it a scam or a bullish rebound?
This time the pull-up to above 66,000 was very stable, and it was indeed higher than the most recent high point.
Then today there was no pullback as before, as if only an acceleration was needed to break through the previous 6.8w pressure.
It is really hard to conclude whether BTC is a false breakthrough:
The key lies in the high turnover. If there is a surge in trading volume at a high level, it proves that the turnover has increased significantly and the price has not fallen too much, indicating that it has stabilized and will help to continue to rise. On the contrary, if it is unable to take over the selling pressure and turnover, it proves that the market is not stable enough and the breakthrough is "false".
If there are some extreme pullbacks in the short term, I will not be surprised at all:
There has been too much long liquidity accumulated in the past two days. . . At the same price of 66,000, compared with the futures positions held on September 29, there are now 2.1 billion more futures positions;
A big positive line ignited the market, and BTC returned to the 66,000 point line again, reaching the height at the end of September, but this market is different from the previous one
