After entering the weekend, the turnover rate has dropped significantly, about 160% lower than Friday, and the trading volume is the lowest during Asian time. Therefore, as long as Asian investors remain optimistic, the price of BTC will be guaranteed to a certain extent, and it may even rise slightly. However, in the trading time zones of Europe and the United States, if investors are pessimistic, they will leave the market when they see the rising BTC, so the pressure on the price is relatively large. It can be said that the greater the price difference between daytime and nighttime on weekends, the greater the difference in sentiment.
If the price during the day is higher than that at night, it means that the sentiment of Asian investors is better than that of American investors, and vice versa, which can be of great help to our judgment of investor sentiment.
As for the support, the current price has not deviated from the range of the support price. Even if there was a large amount of turnover on Friday, the current support is still between US$95,500 and US$100,500, as long as this range is not broken. I dare to buy if it falls below the staged new low. For example, the current US$92,000 is the recent staged low.
