I won't go into too much detail. Simply put, if investors in a certain Bitcoin range show no signs of significant exit, it won't put a lot of pressure on the price of BTC. Moreover, through URPD data, we can see that short-term investors change hands every day, which indicates that more investors are unwilling to participate in turnover. In human terms, if the aggregation area of a large number of chips on the chain does not form a breakthrough or collapse, it is very likely to oscillate with this position as the core. This was the case when it was $19000, $26000, $38000, and $63000. For example, last year, even when it fell to $56000, the support did not break, and the result was still above $63000. This is a picture from that time, which looks very similar in structure to the present, but because the oscillation time was too long at that time, after reintegration, it became a bottoming out between $61000 and $66000, which is what it looks like now. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex