$BTC saw an outflow state for the ETF yesterday, with an inflow of 380 million on the 25th and an outflow of 380 million USD on the 28th, causing last night's fall. Subsequently, long positions quickly regrouped to fight back to the price before the fall, with the resistance at 95,500 still being the strongest, where many large sell orders are placed.
The CVD for the 4-hour contract continues to rise, driven by contract users. Short positions are being closed while long positions continue to buy. If the current trend continues, there is a high possibility of a breakout above the price of 95500, reaching above 96000, clearing nearly 1 billion in airdrop liquidity above, before falling down.
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$BTC saw an outflow state for the ETF yesterday, with an inflow of 380 million on the 25th and an outflow of 380 million USD on the 28th, causing last night's fall. Subsequently, long positions quickly regrouped to fight back to the price before the fall, with the resistance at 95,500 still being the strongest, where many large sell orders are placed.
The CVD for the 4-hour contract continues to rise, driven by contract users. Short positions are being closed while long positions continue to buy. If the current trend continues, there is a high possibility of a breakout above the price of 95500, reaching above 96000, clearing nearly 1 billion in airdrop liquidity above, before falling down.