The Bitcoin feast is over? Small cycles are full of hidden dangers, beware of the market weakening!
Bitcoin has been pulling up for some time, attracting countless attention from the market, but the wind direction has quietly changed. On-chain data shows that large-scale selling is frequent, and funds are quietly withdrawing.
The current market has stabilized from a high level, and gradually showed signs of weakening:
The demand for short-term declines is strong, and adjustment risks are accumulating. Market sentiment has cooled down, and the power of pulling up has begun to weaken.
This is not a farewell to the bull market, but more like a planned "washing" - the main force cleared the warehouse to cash out, retail investors' emotions were stirred, and short-term fluctuations were inevitable!
When the market weakens, think calmly and make accurate judgments. Follow Uncle Qian and we will continue to provide you with the latest market analysis and professional trading strategies.
