It is quite normal for the current BTC price to fluctuate around $95,000. After all, after the election, the lowest fluctuation range of BTC was around $92,000, and it was later pulled up by various positive information.
So it is not abnormal to have fluctuations during the low liquidity garbage time of the weekend. Why do I say this? From today's overall turnover data, we can see that it is only about one-third of yesterday. The current turnover rate is almost similar to the $65,000 and $26,000 that fluctuated for eight months.
This shows that the current investors have completed the emotional normalization during the holidays. In other words, retail investors have almost sold what they should sell and bought what they should buy. In the absence of institutional and market makers intervention, the trading volume is just so much. Unless there is a new positive or negative stimulus, emotional buying or selling will occur again, otherwise the probability is still to maintain the fluctuating mood.
Today is another new working day, but the low liquidity of the holiday has not been reversed, and Wednesday is the New Year, which is another holiday. The real full back and forth will still gradually recover after a week, so I unilaterally believe that if there are no new events this week, it will still maintain garbage time.
From the support side. The temporary data has changed, but because they are all short-term data, I don’t plan to adjust it for the time being. If the liquidity comes back in two weeks, it still maintains the current support price. I will readjust it, but for now, the fluctuation range of around US$95,000 is still the biggest possibility. #币安Alpha公布第8批项目 #GMT热度飙升 #加密ETF申请热潮涌现 #ATA涨势分析