Why is BTC at $81,000 so resilient?!
Why is BTC at $81,000 so resilient?!
The tough tariff policy exceeded everyone's expectations, the VIX skyrocketed, and the S&P and Nasdaq plummeted... According to past trends, BTC should have long entered the $70,000s, or even the $60,000s would not be unreasonable. But the fact is, BTC has repeatedly found effective support at $81,000! Many friends are confused by this, believing that it makes no sense to find such strong support here.
Since it seems unreasonable on a macro level, is there a possibility of finding some basis on a micro level?
(Figure 1)
Figure 1 is a chip structure chart distinguished by long-term and short-term holders; the left side mostly consists of long-term holders (LTH), while the right side consists of short-term holders (STH); and in the middle of these two regions is a sensitive and important overlapping area — $81,000.
The tough tariff policy exceeded everyone's expectations, the VIX skyrocketed, and the S&P and Nasdaq plummeted... According to past trends, BTC should have long entered the $70,000s, or even the $60,000s would not be unreasonable. But the fact is, BTC has repeatedly found effective support at $81,000! Many friends are confused by this, believing that it makes no sense to find such strong support here.
Since it seems unreasonable on a macro level, is there a possibility of finding some basis on a micro level?
(Figure 1)
Figure 1 is a chip structure chart distinguished by long-term and short-term holders; the left side mostly consists of long-term holders (LTH), while the right side consists of short-term holders (STH); and in the middle of these two regions is a sensitive and important overlapping area — $81,000.
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