Trend point control:


During the recent market fluctuations, the price of Bitcoin dropped from 1085 to 1050, and it was observed that retail investors continued to accumulate positions in the spot market. When the price retraced to around 1070, similar accumulation behavior from retail investors was noted; however, the trading volume did not significantly increase. Based on the current market dynamics, I believe there is a risk of further price declines, and it may be difficult for the price of Bitcoin to stabilize at the 1070 level and directly initiate an upward trend.
#Gate VIP 焕新升级#
It is worth noting that there was a large-scale buying behavior from institutions in the market tonight, with the purchase of 20,000 bitcoins. This may indicate that institutions are waiting for a more favorable entry point, expecting the price to further dip. Technically, 1043 and 1028 are seen as potential support levels that may trigger a short-term rebound. However, there is still considerable uncertainty about whether the market will dip again.
#Dr.Han入驻Gate广场#
Historical experience shows that before a significant market rally begins, the market often undergoes a deep adjustment. In addition, the policy direction of the Trump administration's tariff increases may put additional pressure on the Bitcoin market. As for how much the price will drop, the key lies in when the market shows a clear signal of stopping the decline. Investors need to closely monitor relevant indicators to grasp market trends and make timely and rational investment decisions. #非农就业数据来袭#
BTC-0.13%
TRUMP-2.6%
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