From the data of BTC itself, the panic sentiment has begun to ease with the price rebound and the arrival of holidays. The turnover rate in the last 24 hours has decreased by about half, but there are still signs of early investors gradually exiting. Among short-term investors, those with a holding cost above $95,000 are the main force exiting in the last 24 hours, especially some bottom-fishing investors who have shown a concentrated exit.

Investors with a loss and a holding cost above $100,000 are also currently being washed out. Overall, the current support is still between $95,000 and $100,000, and this support is quite strong. Even when it dropped to around $92,000 yesterday, it returned to around $97,000 without any new positive news. This indicates that investors still find BTC below $95,000 somewhat attractive.

Starting today, it is the time of lowest liquidity, which will be even lower than the usual weekends. The upcoming trend will further reflect the value of sentiment, especially the sentiment of Asian investors, which could be the guiding direction for prices in the next two days.