Why is it said that there are already signs of a phase peak? Although this recent decline did not reach the critical value for short-term holders in the 24-hour selling situation, it's not just short-term holders selling. Mid-term holders, including some large accounts, are also gradually reducing their positions as prices rise.

Since April 12, large long positions on Bitfinex have continued to decrease, with Bitcoin long positions dropping from 71,665 to 43,932. Some may ask, what’s the use of looking at Bitfinex? Shouldn't we look at Binance data? Here it’s important to note that Bitfinex and Tether have a very close relationship and can almost be regarded as two businesses under the same company. The USDT issued by Tether occupies the largest share of the stablecoin market. Therefore, the behavior of large accounts on Bitfinex is very significant for predicting market trends. Such a scale of position reduction cannot be ignored even today. #看懂K线 #币安Alpha理财中心 #加密圆桌讨论