Binance's Bitcoin reserves have recently fallen below 570,000, hitting the lowest level since January this year. When the exchange reserves decrease, it usually indicates that investors are transferring Bitcoin to cold wallets and are confident in its long-term price trend.

When Bitcoin's market share remains at a high of 60%, the alt season will come soon. Bitcoin's market share is currently 58.4%, which continues to be slightly below the key 60% level.

When will Bitcoin return to $100,000?

Since Bitcoin first broke through the psychological barrier of $100,000 on the 5th, it has continued to be below $100,000 since the 19th. The market is concerned about when Bitcoin can return to this mark. Bitcoin may exceed $110,000 when liquidity recovers after the Christmas holiday.

Bitcoin's recent downward trend is a typical phenomenon of insufficient holiday liquidity: induce short selling! ! Don't be nervous, hold Bitcoin spot, there is still a chance! !