Comparing the trading volume data of Bitcoin with that of Saturday, it is basically the same. Today's rise did not increase in volume, and the liquidity was not high. At the same time, the RSI sentiment rose rapidly to 48 in the short term. In the case of such a rapid rise in sentiment and insufficient increase in the market, I am afraid that the bullish sentiment will be exhausted quickly.
At the same time, if the rise does not increase in volume, it is very likely to bring "safety risks" to the stability of this position in the future. Coincidentally, during the weekend market, although the probability of stabilizing at 59,400 bulls has increased, it is recommended to wait for Monday or even Monday night after the opening of the US stock market to increase the trading volume and liquidity before making an accurate judgment.
To put it bluntly, today's breakthrough and stabilization above 59,400 still need to wait for verification after the market is active on Monday.
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