#btc #BTC

According to the current market situation, there have been frequent negative news recently, but the outflow of institutional chips is very limited.

The two necessary signals for the end of the bull market are a sharp decrease in trading volume and a large reduction in institutional holdings, but neither of these two points is met at present.

It seems that the dealer is more likely to release various negative news to induce retail investors to continue to sell chips.

From the number of orders, the current number of buy and sell orders is almost equal.

Of course, this does not mean that Bitcoin has fallen to the bottom, but at least it can be determined that Bitcoin is undergoing structural consolidation.

The profit and loss ratio is good, so I don’t think there is any need to panic too much and wait for the best time to intervene.