In the past two days, $BTC has shown a downward trend with low trading volume and fragmented steps, which is seen as a healthy way of secondary testing.
However, given that Bitcoin has not yet managed to break away from the predicament of continuously lower bottoms and rebounds, it is still uncertain whether this secondary test has been declared over.
From the perspective of the moving average system, this secondary testing process has been significantly suppressed by the 72-hour moving average.
This means that only when Bitcoin successfully rebounds and breaks through the resistance of the 72-hour moving average can we confirm the true end of the secondary test.
However, with today's issuance of USDT, the market's volume-price relationship has begun to release positive signals. Specifically, Bitcoin's trading volume during the rebound process has significantly increased, and this increase has surpassed the trading volume during the downward process.
This series of changes suggests that the secondary test may be approaching its final stage.
