From this on-chain data chart, it can be seen that Bitcoin has a very large distribution of chips in the $80k to $110k range, especially in the $104k to $112k area where the most chips are concentrated. This indicates that the current market is in a high-level consolidation or upward continuation phase. If the price pulls back, the $62k to $67k range will be the next strong support zone.



Disclaimer: The above content is only an objective interpretation based on chart data and does not constitute any investment advice. The cryptocurrency market is highly volatile, so invest cautiously. #特朗普5月13日访华 $BTC
BTC-0.09%
View Original
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
Add a comment
Add a comment
No comments
  • Pin