According to Bitcoin's data, the turnover rate has significantly decreased, indicating that investor sentiment is becoming more stable. Previous concerns about the economy are gradually fading. In fact, it’s not just $BTC; US stocks are performing even better today, not only reversing yesterday's decline but also continuing to rise. This is what we have always said: BTC and US stocks are still highly correlated.

There isn't much data to support this, but today's weekly report has a more detailed explanation. Currently, the consensus around a bottom of about $110,000 is still very strong, and we have not yet touched the support level. Most investors still have a considerable interest in BTC at this level.