Although Bitcoin's price has risen, the chip structure remains very stable. The rising price has not triggered significant turnover from early investors. The main traders are still short-term investors. Looking at Bitcoin data, both trading volume and turnover rate are good, and investors' expectations for the market are still positive. Buying is quite firm, just waiting for the geopolitical conflicts to end quickly. After all, for this year, monetary policy and the mid-term elections are the main focus, and geopolitical conflicts are just an interlude. In the short term, a pullback to around 71,950-71,550-71,260 can be used to add longs. For medium to long-term, consider adding longs around 70,588-69,632.

BTC2.24%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin