I see many people saying they are experiencing traffic limitations, and it seems I have also discovered a similar phenomenon: whenever the market behaves in a way that is not very surprising, the overall traffic cap in the cryptocurrency Twitter sphere is greatly compressed...
During today's live stream, I compared my Twitter traffic data from the past year with the daily BTC price over the past year and found a very interesting phenomenon:
Most of the time, traffic peaks actually occur at the bottom of price crashes, while traffic troughs appear during periods of price consolidation and low volatility.
Generally, when traffic enters a very low state, Bitcoin's price tends to choose a pattern of low volatility consolidation followed by a gradual decline...
And as this slow decline gradually accelerates, traffic will quickly increase!
Therefore, we can draw a particularly simple conclusion: low traffic is a bearish phenomenon, while high traffic is a bullish phenomenon!
When traffic is very high, the current market is often either reversing from the bottom or continuing to rise from a high position, as both types of markets are surprising.
When traffic is very low, the market usually chooses a structure that lacks trading desire and speculative desire, lacking emotional impetus. In this case, it is difficult for prices to maintain an upward trend, and instead, they gradually enter a slow decline cycle...