#比特币披萨节 Bitcoin: Volume is shrinking, waiting for direction to be chosen.
The current price is in the resistance range of $104,000-$105,800, and the shrinking trading volume indicates a lack of confidence in a breakout, so we need to wait for increased volume to confirm the trend. The institutional holding cost (long-term $20,900 / short-term $60,800) is far lower than the current price, and the medium to long-term is still supported by the inflow of ETF funds (weekly net inflow of $12.568 billion).
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#比特币披萨节 Bitcoin: Volume is shrinking, waiting for direction to be chosen.
The current price is in the resistance range of $104,000-$105,800, and the shrinking trading volume indicates a lack of confidence in a breakout, so we need to wait for increased volume to confirm the trend.
The institutional holding cost (long-term $20,900 / short-term $60,800) is far lower than the current price, and the medium to long-term is still supported by the inflow of ETF funds (weekly net inflow of $12.568 billion).