ChainCatcher news, trader Eugene Ng Ah Sio posted on the social platform, "The price trend in the next few days will be very critical and determine the medium-term and long-term direction of Bitcoin.

Although Michael Saylor was the initial buyer of Bitcoin in the $59,000 to $63,000 range, if the price of Bitcoin can be maintained above $63,000, it means that the net direction of the market is upward again. If it falls below this level, the market may return to a volatile market.

I think the current situation is that the 60-40 probability has entered a new situation, but this will be the first real test."