Piano, may I ask where this information was searched from?
分析师舒琴
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Another torturous day, what's going on with the market now? People are currently panicking about the upcoming CPI data on Wednesday. Because the PMI and employment data on Tuesday and Friday last week were very negative, the market was shaken, and everyone began to have a shadow on the data this Wednesday. At present, the Bitcoin data in the exchange is slightly outflowing, which means that there is a certain amount of buying at the bottom, the volume is not large, but it is always stronger than the selling pressure of the green column.
In fact, if you look at the picture carefully, you will find that the whales are still very smart. Every time BTC soared, these people transferred BTC to the exchange to sell, so the green is the net inflow of BTC, representing the selling. When it fell, they bought Bitcoin on the exchange and then withdrew it to their cold wallets, so the red outflow represents the buying.
I estimate that before the CPI results are released on Wednesday, the market should not have a big increase, but there is a chance for a small rebound on Wall Street tonight. I hope everything goes well.
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