From the data of Bitcoin itself, no obvious abnormalities have been found. The main players in trading are still investors with a holding cost above $100,000. The majority are short-term profit-taking investors, and the decrease in turnover rate indicates that the market has once again passed through a FOMO sentiment, with both buyers and sellers beginning to return to rationality.
The supporting data has not changed significantly, but the support between $103,500 and $108,500 is gradually being consumed. Although it appears stable now, if negative sentiment arises, the support at this position may become difficult, as it is mainly short-term investors.
Moreover, I am also quite concerned about the two gaps at $112,000 and $114,000. If these two gaps are filled, it is very likely to put pressure on the support, so let's keep an eye on it.