I have to say, the liquidity in the crypto market is indeed very low right now—today’s trading volume is only 5.11K, and the average monthly trading volume is only 17.74K!

In a bear market, it’s often just a back-and-forth clearing. This situation can seriously deal a blow to the confidence of newcomers entering the market, while veteran “old weeds” are now basically watching the newcomers with a look that says it’s only natural!

Back to the chart: as mentioned yesterday, the “big cake” is currently rebounding and consolidating within a range of 90,000 to 59,000. The strength of this rebound can only be confirmed if, going forward, it breaks through the upper boundary—then we can continue to look toward the 7.9 to 8.2 area! If it pushes higher again but does not form a real close above the top of the upper boundary, a rapid crash could happen at any time! #加密市场回升 $BTC ‌