Last night, 80,000 bitcoins were activated; will it lead to a sell-off?

Currently, the 80,000 activated bitcoins have not been transferred to exchanges, and there are rumors of OTC trades.

The market reacted last night, with BTC dropping from a peak of 110,000 to 107,000.

Friends who are bullish can mainly focus on several support levels for BTC.

The nearest support level is around 106,000, and if it breaks, pay attention to the strong support at 93,400.

The above prices are solely the author's personal opinion and do not constitute investment advice. Please remember to set stop-loss on your contracts.