September 20th, the post I shared casually didn’t expect it to go viral. The bullish market sentiment is too hot—everyone is very eager to return above 100k, and I wonder how many people have been trapped. We should analyze #BTC btc rationally. For the direction of the long-term cycle, using AI tools is completely fine.
1. No positive catalysts
2. Trading volume is sluggish
3. Take a look at the weekly chart: the time it was at 83k, the transaction volume was 14 billion; in the following few weeks, it was around 7+ billion.
4. 83k is a strong resistance level
5. Take another look at the daily outflows
1. No positive catalysts
2. Trading volume is sluggish
3. Take a look at the weekly chart: the time it was at 83k, the transaction volume was 14 billion; in the following few weeks, it was around 7+ billion.
4. 83k is a strong resistance level
5. Take another look at the daily outflows
