BTC and ETH Market Analysis #BTC #ETH

#BTC #ETHAnalyze a wave of data:Figure 1: When the wave dropped to around 40,000 in the early morning of Saturday, the spot net buying of big cakes hit a new high in the past two months, and the market finally bottomed out and rebounded;Figure 2: This weekend, the net difference between buying and selling in the spot market of big cakes was extremely small, and it also hit a new low in the past two months;Figure 3: Since the big pie spot ETF incident came to light, various Chinese KOLs have reached a climax and have predicted whether 100,000 or 200,000 will be the peak of this bull market. CME has currently reduced its position of 25,000 big pie, worth 10 Around 100 million U.S. dollars, the pie has retraced 20%;Figure 4: The main spot leverage bulls on Big B Online have stopped reducing their positions, and have successively added 3,000 large pie long orders in the past week;Summary: Building a bottom requires more time and patience: the last bull market took about 2 months to build a bottom after each major correction; building a top takes a relatively short time: the last bull market maintained the top before each major correction. The time range is basically about one week; I think the current bottom range of the market needs to be confirmed, and those who pursue safer transactions can stay on the sidelines for the time being;

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