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$BIO High-level selling has already appeared, and the BIO rebound is an escape opportunity
After BIO pushed to 0.066, it has clearly shown a top. The pullback from that high is funds taking profits; the structure has shifted from a one-way uptrend to choppy and somewhat weak action. Even the moving averages have started to press down on the price. The larger trades make it even clearer: above 0.06 is the distribution zone, and 0.052~0.050 has support. Right now it’s stuck in the middle, which is a washout phase.
Next, the key focus is 0.052. If it holds, there’s a chance of a rebound to 0.058~0.06, but it looks more like distribution. Once it breaks below, it will basically need to go to 0.048 to find support. Overall, don’t chase the highs; treat rebounds as bearish unless it gets back above 0.058.
#比特币ETF期权持仓限额增4倍