It's been a while since I shared X traffic and market analysis~
In fact, looking at the past year, whenever BTC deviates from market expectations, traffic tends to increase!
And when the market starts to enter a boring consolidation phase, traffic gradually declines...
I think the most useful aspect of this data is that it allows us to observe the overall risk exposure in the current market.
People only pay attention to market information when they have positions!
So it's clear that the continuous rise over the past two months indicates that there are actually many retail investors holding positions!
The recent pullback has caused many people to exit the market again, and without positions, they naturally become uninterested in browsing Twitter, so traffic will gradually decline.
Therefore, the conclusion is: the crypto market will likely enter a prolonged period of range-bound consolidation, with boredom, fluctuations, and small-scale corrections becoming the norm!