The pressure to submit assignments over the weekend is quite high, mainly because there's not much to write about. It's essentially the low point of a liquidity slump. Although Friday saw a boost from favorable non-farm payroll data, once the weekend hits and market makers and institutions take a break, the real purchasing power becomes dismal. The turnover in the last 24 hours was only 53,871.8 #BTC, and it's estimated to be around 10,000 by Sunday. This data is similar to that of a bear market; even though the price seems like a bull market, there are too few investors participating in buying and selling.

The recent fluctuations have scattered the chips concentrated at a single price point. The recent peak was less than 440,000 BTC, which indicates that the impact on price may be relatively low. If there are no more direct positive or negative data, the possibility of slight fluctuations remains quite high.

The main support area for concentrated chips is still between $64,000 and $69,000. This position has remained quite stable, and after a long period of washing out, there are not many short-term investors left. As we've mentioned many times, as long as there is no large-scale sell-off in the concentrated chip area, the pressure on the price won't be significant. Even if there is a short-term decline, there is a good chance of a rebound.

The data has been updated, address: https://docs.google.com/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit?usp=sharing

This post is sponsored by @ApeXProtocolCN | Dex With ApeX

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。