Today's turnover rate has significantly increased, almost marking the highest turnover rate seen since 2025. A large number of short-term profit investors are exiting, especially those with investments under $100,000, indicating a concentrated exit trend among investors who have been bottom-fishing in the last two days.

However, from the perspective of the exchange's inventory, although turnover has increased, the amount of BTC withdrawn from the exchange is also on the rise, and there are no signs of BTC piling up on the exchange. This suggests that there are still a large number of investors who believe BTC can have a good development, even with the current price, they are still actively buying.

However, just like the previously mentioned situation of insufficient upward momentum in the US stock market, this may also be transmitted to BTC, but it cannot be confirmed at present, especially since tomorrow marks the start of a two-day weekend, and during weekends, liquidity issues will further test sentiment. If the FOMO sentiment can be maintained, then even if the US stock market's upward momentum is insufficient, it won't affect BTC; any potential impact would likely only occur after next Monday.

For BTC, I still maintain a cautiously optimistic attitude. I am still holding my long position at 101,300 and currently have no plans to liquidate. Let's observe investor sentiment on Saturday before making any decisions.

From the support data, although quite a few chips have started to accumulate around $100,000, it is still very few and has not formed an effective bottoming structure, while the range from $93,000 to $98,000 remains very stable.