The Bitcoin market is undergoing a remarkable test. Recently, a liquidation event of approximately $2 billion has triggered a resurgence of panic in the market. Meanwhile, there has been capital outflow in the Spot ETF. However, surprisingly, despite facing these adverse factors, the price of Bitcoin has remained relatively stable.



What is even more thought-provoking is that some predictive models accurately foresaw this price trend. This not only demonstrates the potential of market analysis tools but also provides valuable insights for investors.

The current development of the situation is perplexing: on one hand, there are large-scale liquidations and capital outflows, while on the other hand, prices remain stable. This contradictory phenomenon may indicate that the market is experiencing a critical turning point.

The upcoming market direction will become even more elusive. Investors are closely monitoring every subtle market change, trying to predict the next move of Bitcoin. This stage may determine the direction of the cryptocurrency market in the short term, and it is worth our close attention.
BTC-3.56%
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