Not long ago, Mentougou transferred 0.21 BTC, which may cause short-term market pressure on BTC. Historical cases show that small amounts of BTC transfers can have a significant impact on the market. If there is a larger flow of BTC in Mentougou, it may trigger market panic and selling, causing the price of BTC to fall further. However, there is no clear signal yet and we should remain vigilant and pay attention to market dynamics. At the price of $63K, BTC's rising expectations still exist, but it is recommended to be bearish in the short term and wait for the market to give clearer signals.
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