Currently, there isn't much to analyze in the market, and the signals from the data are all short-term signals. There hasn't been a resonance formed by signals at a higher level, unlike last time when we were above 100,000 with multiple high-level signals resonating;
In two words: absurd;
The absurd points are as follows:
1: The Bitcoin price is rising without significant volume, and even breaking new highs cannot stimulate the market's volume;
2: The funding rate remains low, and the continuous new highs in Bitcoin have not excited the market;
3: The borrowing rates are maintained at a low level, which also indicates that traders' sentiment for leveraging through borrowing is not high;
4: Bitcoin continues to reach new highs, while mainstream altcoins are consolidating or even declining;
The market will soon experience significant volatility to break this absurd phenomenon;