The turnover rate of BTC has significantly decreased, indicating that investor sentiment has become more stable. Concerns about the economy have gradually dissipated, and it's not just $BTC that is performing well today; U.S. stocks are also rising, not only offsetting yesterday's decline but continuing to climb. This reinforces what we have always said: BTC and U.S. stocks are still highly correlated.
There isn't much more to say about the supporting data; a more detailed explanation can be found in today's weekly report. Currently, the consensus around a bottom of about $110,000 remains strong, and we haven't touched the support level yet. Most investors have a considerable interest in BTC at this level.
