From the perspective of Bitcoin's own data, although the price has risen, the turnover rate is not as high as expected. Most investors are still in a wait-and-see state, and the main participants in the turnover are still short-term investors. More early-stage and loss-making investors are also maintaining a wait-and-see attitude and are not overly excited by the price increase.
From the current support levels, there has been a significant decrease in investors around $83,000. However, from the detailed data, it is still due to internal transfers within the exchanges. Although there are many chips exiting at $83,000, it has not affected the support near $83,000.
The support between $93,000 and $98,000 that we have mentioned for a long time remains very strong, and a large number of new chips have also entered. This position has undergone a long period of adjustment, and its stability is very good, further proving the attractiveness of the support level.