Tomorrow is the last trading day of this week, and starting next week, it will be the time to contend with GDP. In the latest data, GDPNow has once again lowered the first quarter GDP of the United States. This data will be an important basis for determining the trading difficulty in May.
Returning to Bitcoin data, although BTC's price has seen a slight pullback, investor sentiment remains very stable. The turnover rate has decreased, and investors who have recently bought the dip have started to accelerate their exit. Meanwhile, earlier investors and those at a loss are still remaining calm and observing. The support level around $83,000 is gradually showing signs of collapse, mainly because it has not undergone a long period of testing.
On the contrary, the positions between $93,000 and $98,000 are gradually increasing, and the stability of these investors is likely to be higher. Especially those who did not exit around $74,000 are now more composed. Most of these investors are likely not short-term investors anymore.