$BTC recorded a 3.39% decline over the last 24 hours on Binance spot. The price moved within a range of 71750 to 67568. Activity was high with over 6 million trades and a quote volume of 2009.1 million USDT. For anyone holding, this level of volume means the market is absorbing the sell side without a total loss of liquidity. My read: The significant gap between the daily high and low shows how quickly volatility can return to the spot market when major levels are tested. Did you use this price action to rebalance your spot holdings or are you waiting for the range to tighten?

#BTC #USPPIMissMayEaseBTCPressure