The sparse volume node zone is the prelude to an accelerating market—can it hold its ground this time?

View Original
CoinNetwork
Crypto news site CoinBene reports that pro chip distribution data shows the BTC price has broken through $63,537.63, and the current price is $64,138.90, having entered a relatively sparse chip region. Over the past week, 50% of BTC’s traded chips were concentrated in the $62,383.37 to $63,537.63 range. Historical data indicates that when the price enters a sparse chip zone, an accelerated move is likely to occur. You should focus on whether the price can hold steady in the new range to confirm the validity of the breakout.
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
  • Pinned