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BTC 79100-79300 range, defense at 78900
I still can't understand this market situation, which proves you're not suitable for the crypto space.
Many bloggers have said that the recent sell-off was caused by the main players fleeing? It's obvious that this decline was driven by the main players dumping, but I don't believe that the main funds are fleeing.
This market movement clearly shows that the main players actively dumped to shake out the long positions. I personally think there is still one last wave of rally. Because most of the main funds are still in the market, and if they can't unload their positions now, they might start turning around at this point.
The reason the main players are consolidating here is to shake out the emotional traders. #美国4月CPI上涨3.8% #比特币市占率回升至58.5% #特朗普5月13日访华 $BTC