Every time there is a panic buy, it is usually led by the main players with reasoning and evidence. Congratulations to the fans and partners, and thank you 🙏
Bitcoin has once again risen above $100,000, marking the official end of the U.S. version of the 519 market, welcoming the crypto wave of the Trump era!
Weekly #BTC on-chain data 📊 analysis:
Smart money holding more than 100 #BTC experienced some divergence after a brief period of fluctuation in December due to Powell's erratic comments, but in the past week, they have once again shown a bullish consensus and continued to accumulate. I believe that soon the ETF data will validate this.
The #BTC chip distribution data 📊 is very healthy, with the current price at $102,000.
The core support zone is between $102,000 and $95,000, with 428,000 coins supporting it across the network.
The upward core pressure chip zone is between $102,000 and $108,000, with 102,100 coins trapped.
This time, the cleaning of floating chips and leverage, whether in altcoins or #BTC, has been very thorough. The recent V-shaped rebound was quick and decisive; many people have not yet boarded, and the price has already risen. This is exactly the effect the market makers want!
January is overall filled with positive news, with FTX's cash compensation and a potential influx of $16 billion. On January 20, Trump will take office, and a series of crypto bills are on the way, especially regarding BTC strategic reserves. After January 20, with changes in leadership at the SEC, the Federal Reserve, and others, we will welcome a high point for crypto without obstacles.
A small spring market in Q1 is brewing; don't miss the opportunities in Q1. Q1 brings opportunities + FOMO, while Q2 brings results + harvest. Seeds planted in Q1 will yield fruit in Q2 🧐🧐
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