78,981. There are 1,019 lots left until the 80,000 integer level.
In the past 24 hours, trading volume was $2.37 billion, up 1.74%. Looks calm.
But the intraday range was 3,330 lots, from 76,670 to 80,000. Trading volume was 30,256 BTC, and the price only moved 3,330 lots. When there’s plenty of money but the price doesn’t move, both longs and shorts are waiting.
Today, the 80,000 integer level was quickly tested once, then pushed back. The bulls’ probing didn’t hold; they still need to fight for it intraday.
Watch three variables: whether 78,000 can hold; whether trading volume continues to expand; and what’s happening on the U.S. dollar side. These three determine whether today can break 80,000.
On-chain: the whole network’s fees are 1 sat/vB, and the weekend is quiet.
Data: Binance public API + mempool.space.
In the past 24 hours, trading volume was $2.37 billion, up 1.74%. Looks calm.
But the intraday range was 3,330 lots, from 76,670 to 80,000. Trading volume was 30,256 BTC, and the price only moved 3,330 lots. When there’s plenty of money but the price doesn’t move, both longs and shorts are waiting.
Today, the 80,000 integer level was quickly tested once, then pushed back. The bulls’ probing didn’t hold; they still need to fight for it intraday.
Watch three variables: whether 78,000 can hold; whether trading volume continues to expand; and what’s happening on the U.S. dollar side. These three determine whether today can break 80,000.
On-chain: the whole network’s fees are 1 sat/vB, and the weekend is quiet.
Data: Binance public API + mempool.space.
