URPD data shows that between $104,500 and $111,000, 2.283 million Bitcoins are accumulated; between $93,500 and $98,500, 1.128 million Bitcoins are accumulated. Overall, Bitcoin is exhibiting high-level consolidation in the short term. Due to the dense pressure zones both above and below, the likelihood of a quick breakout or a deep pullback in the short term is low. The overall Marketplace remains optimistic, with no clear signs of panic dumping, and the bull run structure remains solid.
View Original