Today's increase breaking through 110,000 USD has led to an increase in turnover rate. Investors who bought in during the disputes over Chuanma are the main focus of today's reduction. It is estimated that they believe the probability of BTC breaking through a new high in the short term is low, or even if it breaks through a new high, the momentum for further upward movement may not be strong enough, and a pullback could even occur. However, it is indeed short-term investors who are mainly trading, while earlier investors remain indifferent.

From the support data, the range between 93,000 USD and 98,000 USD remains the most stable position. Even though BTC's price has broken through 110,000 USD, there hasn't been much turnover from investors at this level. Currently, the main turnover is still provided by investors between 100,000 USD and 105,000 USD.