[Coin World] Bitcoin has experienced another pullback today. The latest quote is around $85,978, having dropped 5.45 percentage points within 24 hours. However, the trading volume is quite active, with a daily trading amount reaching $37.6 billion.
This drop is considered a normal adjustment in the recent market; it is quite common for BTC to experience such a pullback when oscillating at high levels. The trading volume remaining at this level indicates that market participation is still active, with both bulls and bears engaged in active competition. The short-term trend will depend on whether this price level can be maintained, and observing the subsequent capital flow will provide more valuable insights.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
LiquidityWitch
· 20h ago
5.45% is not a big deal, the volume is still indicating that the market is alive.
View OriginalReply0
FUD_Whisperer
· 20h ago
It's falling again. Can we not rebound this time? I'm already numb.
376 billion in trading volume and still active? That's a joke; this is the signal that the market maker is dumping.
5.45%? No big deal, just wait to see the moment it breaks 85k.
High-level volatility? I see it as a bull trap, don't be fooled, brothers.
A large trading volume doesn't mean strong buying power; think about whether that volume is all catching a falling knife.
It doesn't matter if it holds or not; anyway, I've already closed all positions. Let's see how you play.
Capital flow? Same old story, it has nothing to do with retail investors.
This round of adjustment has just begun; be mentally prepared.
Bull vs Bear Battle? It's just the market maker playing games, and we are all suckers.
View OriginalReply0
Fren_Not_Food
· 20h ago
Another fall? Can we hold the key level of 86000?
View OriginalReply0
NeverVoteOnDAO
· 20h ago
It falls and doesn't fall, what's going on with this market?
View OriginalReply0
GasFeeLover
· 20h ago
It fell again, but this pullback is still acceptable, the key is to hold this position.
---
The 37.6 billion Trading Volume is not bad, indicating that no one is really cutting losses and running away, it's just normal whipsaw.
---
Everyone knows the high-level fluctuations, the question is how to proceed next, the flow of funds is the key.
---
5.45% is nothing, I've seen worse before, now it’s kind of boring.
---
Active trading volume is the real signal, much more reliable than just watching the price every day.
---
If we can't hold 85,000, it could be troublesome, if it drops further, the node doesn't seem too promising.
View OriginalReply0
GasFeeCrier
· 20h ago
It has fallen again, but the trading volume is still alive, that's what really matters.
The trading volume of 37.6 billion speaks volumes, neither side has backed down.
If we can't hold 85k, it will be really awkward.
Wait, is this pullback an accumulation by institutions?
What's 5 points? Last year at this time, we were fluctuating ten points up and down every day.
The flow of funds is the key, don't just look at the price.
I feel like something big is about to happen, this level of trading volume won't end quietly.
High-level fluctuations only lead to two outcomes, either break or rebound.
Bitcoin pulled back 5.45% in a single day, with a volume of 37.6 billion dollars.
[Coin World] Bitcoin has experienced another pullback today. The latest quote is around $85,978, having dropped 5.45 percentage points within 24 hours. However, the trading volume is quite active, with a daily trading amount reaching $37.6 billion.
This drop is considered a normal adjustment in the recent market; it is quite common for BTC to experience such a pullback when oscillating at high levels. The trading volume remaining at this level indicates that market participation is still active, with both bulls and bears engaged in active competition. The short-term trend will depend on whether this price level can be maintained, and observing the subsequent capital flow will provide more valuable insights.