Around 865,000 USD, there was another clear wave of selling pressure, which indicates that $BTC has now entered a fairly typical zone of long-vs-short tug-of-war. There’s overhead pressure from the previous highs, and below there’s also continuing inflow chasing the rally. The most likely price action in this kind of setup is to spike up, pull back, and then spike up again.
So what’s really worth watching now isn’t “how much it’s up today,” but whether there’s still capital coming back after each pullback. If pullbacks become progressively shallower, it means the buy-side is gradually lifting. If each spike is quickly smashed back down, then the area around 870,000 USD may continue to become a profit-taking zone for short-term funds. #比特币涨至8.65万美元后回落
So what’s really worth watching now isn’t “how much it’s up today,” but whether there’s still capital coming back after each pullback. If pullbacks become progressively shallower, it means the buy-side is gradually lifting. If each spike is quickly smashed back down, then the area around 870,000 USD may continue to become a profit-taking zone for short-term funds. #比特币涨至8.65万美元后回落
