Bitcoin has been fluctuating within a range. Today, Thirteen has given a clear position in the circle. You can buy high and sell low according to that point.
It is effective before the market breaks down or breaks through.
At present, Bitcoin in the exchange is continuously flowing out, and the continuous outflow means that investors have chosen to hoard coins.
As for the current market, it has been fluctuating for a while, and those who should cut their losses have basically cut their losses. If the main force wants retail investors to continue to hand over their chips with blood, they must have a wave of sharp declines.
But the current situation is that if it falls sharply, old leeks like Thirteen may enter the market more simply to buy the bottom, and the cost of the dealer pulling the market will be higher at that time.
So from the perspective of the main force, they are not reckless in smashing the market and pulling the market, and they often pursue a balance.
And this balance range is controlled in the price range of 92,000~99,000, which is the most perfect.
Because the market falls to the 92,000 range, retail investors will not buy the bottom, because the market predicts that the 90,000 range will go to 87,000.
Retail investors definitely dare not enter the market.
The main players are different, because they have a large amount of funds, and their entry positions are often in a large range. For example, they will enter the market between 90,000 and 110,000 now.
They continue to enter the market through a very long time scale and price span, and they must control the rhythm. If they are not careful, it is easy to cause the effect of pulling the market.
Therefore, the chips that continue to flow out of Mentougou and Grayscale are the favorite trading objects of these whales.
Of course, retail investors are also, but the chips that retail investors should pay have been paid in the last wave of sharp declines, and there is basically no oil and water.
The current market can be said to be a game between large investors, and it has little to do with retail investors.