The weekend BTC daily high warning signal has finally formed. This is the first daily high that has appeared since BTC rebounded from its daily low in early July. It is also the second daily high formed this year; the previous one occurred in May.

If we look at the historical performance of BTC daily signals, over the past year there have been 7 occurrences in total, and in 6 of them the signal fell near the lowest or highest point of the market swing, with a historical hit rate of over 85%. This time is the 8th daily high signal. Whether it can once again validate this statistical performance—we’ll keep watching.

From the high-low volume quantification on the order board, it can be seen that in the current crypto market, more than half of the coins have already issued high-point signals at both the 12H and daily levels, indicating that market cohesion is still very strong. After more than two months of rebound, most coins have already moved into relatively high territory.

The remaining analysis is pending the midday weekly report analysis ❤️ Wishing everyone a pleasant trade. #Bitwise提交NEAR现货ETF最终招股书