Good morning, noon and evening everyone. Today is May 31, 2024.
Yesterday, Bitcoin attempted to touch the 67,093 level below, but it failed to drop below 66,800 and then rebounded to around 69,500. It seems that Gouzhuang really cannot see rabbits and will not fly hawks if there is no news about the meeting in America. Tonight, Bitcoin will have no direction. According to our previous prediction, tonight, Bitcoin will definitely fluctuate wildly due to news from the United States. So from a technical perspective, where is the direction going?
Let's use the one-hour Bitcoin OBTI liquidation chart to analyze it. As you can see, the number of buyers and sellers is almost the same. This hasn't happened in a long time. back to 67,000. It will report everyone who has opened a large number of long positions and the maximum number of possible long positions is 2.6 million. If the dealer increases to 70,000, it will report everyone who opened a large number. position was short and the maximum number of troops could only be 2 million.
Then, let's take a look at Bitcoin's overall liquidation chart. There are more buyers. Bank staff was reduced to 67,000 and all purchases were reported. The maximum purchase amount is only 1.6 million. This trading volume is really not large
In general, trading volume increased during the first two days and then continued to decrease. Trading volume over the past few days has reached new lows. The overall market remains optimistic as Bitcoin is consolidating at high levels and many altcoins are consolidating. compensate for their profits