Phyrex
Phyrex|Feb 08, 2025 07:16
This question is quite good. I have been looking at URPD data for almost 4 years now, and basically the higher the accumulation of a single price, the more you need to prepare to choose a direction. At its peak, I remember there were over 1.2 million BTC, but basically around 1 million BTC, you will choose a direction. This data has never been missed in history, and the principle is also very simple. Investors believe that a certain position is the best buying point. When this price becomes a consensus, the accumulation volume will increase, and this is often a volatile market, and it will not accumulate for five or six months. When there is a high accumulation, it is not easy to panic, and direction choices often arise when there is deterministic information. The end of the first phase of interest rate hikes by the Federal Reserve at the end of 2022 ($16000) is once, the Bitcoin spot ETF game in 2023 ($25000) is once, and the 2024 US election ($65000) is once. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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