Looking back at the data of Bitcoin itself, the continuous price fluctuations have not brought about a significant turnover rate; investors are still relatively restrained. From the trading volume data, it can also be seen that with the increase in uncertainty, both buying and selling investors are decreasing.

This is completely different from last week's event-driven situation, as if it has returned to the post-FOMO emotional decline. This was the case during the elections when the market was waiting for new positive or negative news to make decisions.

There is still not much to say about support; the on-chain support between $93,000 and $98,000 once again proves that strong support levels have a strong attraction for investors, and the largest amount of chips is still concentrated in this area. In the short term, there is still some support around $83,000, but due to an excess of short-term investors, it still needs to go through a long washing process.