Bitcoin is ranging in the chip range; so far, there hasn’t been a large-scale liquidation. Currently, the chips are becoming increasingly concentrated, and the portion in profit is over half. If it were to move straight up, the car would be too heavy, so I tend to believe we need to shake out first and then look for a rebound. If it dips shallowly, it should stabilize around 61000. If a chain liquidation occurs, then look at the Bat harmonics—it could stabilize around 59000. #BTC
