What's going on with the market these days??

We can clearly see from the data on the chart that the overall situation for Bitcoin is currently in a state of red outflow, meaning a large number of coins have been bought by whales and withdrawn from exchanges, resulting in a decrease in exchange inventory.

However, in the short term, buying pressure has indeed diminished, but it is still far from the green selling zone. This red buying pressure usually occurs during an upward trend and at the bottom of coin prices, and is often followed by a significant rise.

So right now, the crypto market has just entered the double holiday, and Wall Street is vacationing in Florida. I believe that once these people return in early January, the crypto market will restart.

Everyone shouldn't panic too much, be patient, and wait for the main players to return! $BTC