$BTC extremely great volume depletion zone appears, the battle is about to take place!
After the somewhat timid price push of the organization from the 91.7k zone to the 96.7k zone with the lowest volume since November 26, 2024, yesterday's session (November 28, 2024) the organization began to conduct an extremely careful supply and demand check, showing that at the price zone of 94-95k there was no strong fluctuation accompanied by low trading volume.
And that is how organizations create frustration for individual investors when many individuals ask why in such a strong uptrend, trading does not bring profits as quickly as in previous stages. But the boredom of individual investors is an extremely great stage for organizations to start evaluating and checking supply and demand to see if there are other big boys selling at this price range at this stage when in the previous session, large organizations started to put money in and continue to buy btc but with a timid volume.
And the result is that in yesterday's session, there was no sell-off by any large organizations in the market. However, this is only a necessary and sufficient condition:
1. Must eliminate all individual investors
2. Must have the consensus of other organizations to start putting money into BTC to go up together
And in today's session, to eliminate individual investors, organizations often have 2 ways: 1 is to continue to create a narrow fluctuation zone with low volume to create a depressed mentality that causes small investors to leave the market, 2 is to create a panic psychological zone by dumping BTC to the 91k area and then withdrawing to go up in doubt....