Today's turnover continues to decrease, with short-term investors gradually reducing their holdings, but the impact is not significant. Even though today's geopolitical conflicts led to a drop in risk markets, there has been no panic sentiment. Currently, the sentiment among BTC investors is very stable.

From the supporting data, the range of $93,000 to $98,000 remains the most stable position. The investors at this level are also reducing their holdings less and less, with most of them being long-term holders. As long as this group of long-term holders does not panic, even if the price of BTC drops, the extent will be limited.