New participants are significantly accumulating within the $70,000 to $80,000 price range, indicating that buyers have already built positions in advance to absorb potential weakness at these levels. The dense supply zone between $66,900 and $70,600 serves as the next potential support area, depending on whether buying interest is strong enough. Currently, the decline is characterized by high volatility due to insufficient liquidity.
View Original
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.
New participants are significantly accumulating within the $70,000 to $80,000 price range, indicating that buyers have already built positions in advance to absorb potential weakness at these levels. The dense supply zone between $66,900 and $70,600 serves as the next potential support area, depending on whether buying interest is strong enough. Currently, the decline is characterized by high volatility due to insufficient liquidity.