Recently, the Bitcoin market has shown some noteworthy changes. The weekly Trading Volume has started to exhibit a rise, but it is important to note that the first week with higher trade volumes showed a Bearish line, while the subsequent week with higher trade volumes was a small Bullish line. This phenomenon indicates that when the Bitcoin price enters a new high range, the market supply pressure has significantly increased.



Currently, the market trend seems to be developing towards a consolidation direction, which deviates from the previously anticipated continuous rise path. If the Bitcoin price continues to fluctuate within the current range over the next two weeks, it may be interpreted as a slightly bearish signal. After all, following the new highs, the extent of the price increase has been relatively limited, and prolonged consolidation often does not favor the accumulation of bullish momentum.

The ideal bullish trend should be that after breaking new highs, the price continues to rise to the vicinity of the weekly overbought area, and then enters a consolidation phase. However, the current market performance shows a certain gap from this ideal situation.

For Bitcoin investors and traders, the next two weeks will be a crucial period. The market generally expects Bitcoin to break free from the current volatility pattern and re-establish a clear bullish trend structure. This not only relates to short-term market sentiment but may also affect medium to long-term price movements.

Overall, although Bitcoin has reached new highs, the market still faces certain uncertainties. Investors need to closely follow key indicators such as Trading Volume and price trends to determine whether the bullish force can regain control of the market direction. At this critical moment, maintaining rationality and patience is particularly important.
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gas_fee_therapistvip
· 07-28 14:07
What’s there to be afraid of in a fluctuation? The bottom position can continue to sleep peacefully.
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SchroedingersFrontrunvip
· 07-27 18:38
Consolidation is the accumulation phase before the rise. Stay steady.
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0xSunnyDayvip
· 07-27 13:48
It feels like the weekly chart can't hold up anymore.
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BuyHighSellLowvip
· 07-27 13:44
Retail investors are always right, just blow it up!
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BearMarketMonkvip
· 07-27 13:29
Cut off half of the head and get ready to run.
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