BTC still needs a downward test. Since the positive CPI did not rise yesterday, and the transfer of more than 10,000 BTC from the United States, the market has begun to test the depth of funds in the market.

If there is a negative sentiment in the next few days, BTC will hit around 5.5-5.4W, then this is also an opportunity to pick up a few bloody chips.

The wave of downturns on August 5 did clear out many retail investors, and the remaining people have completely flattened themselves out. If the CPI was flat or higher than expected last night, I guess the fall started last night.