Bitcoin (BTC) is faced in several days for several days, and encryption assets have triggered a liquidation event of over $ 2 billion, less than $ 100,000.
The community hoped for David Sacks’ Digital Asset press conference on February 4, but Trump administration Crypto Czar delivered diplomatic speeches about potential Bitcoin strategic protections.
SACKS said that the US president’s current guidelines are “evaluating” the validity of establishing the Bitcoin protection zone. Some commentators are different from Trump’s campaign promises. As a result, the probability of the US National Bitcoin Protection Zone in 2025 dropped to 47%in the poly market.
49,700 Bitcoin “Spending” can cause sales pressure.
Bitcoin analyst XBTMANAGER pointed out that a total of 49,700 BTCs were consumed in the output age (SOAB), which was consumed for 6-12 months in the last 24 hours. Bitcoin SOAB analyzes the last period of dormant coins. In the context, the BTC supply was last 6-12 months ago.
Bitcoin consumed output age data. Source: cryptoquant
Analysts suggest that this important movement can lead to market volatility and potentially affect BTC prices. Added by the analyst
“Much of this bitcoin is expected to be sold in the next few days, and it can potentially generate sales pressure in the market.”
In fact, historically similar market movements are related to whale activities and “market manipulation”, which leads to a lower access to large investors.
In a similar note, Alphractal, an investment analysis platform, said in the X post that the entire bitcoin sentiment is “being in the weak zone.”
Bitcoin emotion analysis by alphractal. Source: x.com
But negative emotions can allow a better purchase opportunity in the future. A post has been added.
“The best strategy is to wait for these metrics to turn into dark red. This approach helps investors act intelligently and respond to the way of thinking that are very widespread in the encryption market. ”
Related: ‘Altseason’ ended in 2024: Bitcoin’s dominance must be 71%before it returns.
Bitcoin symmetry triangle is for $ 94K
Bitcoin 1 hour chart. Source: COINTELEGRAPH/TradingView
Bitcoin has been low in the last 48 hours and symmetrical triangles have been formed on a one -hour chart. Since no optimistic momentum has occurred this week, BTC is likely to pursue about $ 100,000 before the BTC tests a sub -order block between $ 94,100 or $ 92,600.
In a low -dose trading environment, it is common to trade between the liquidity level where the BTC positions. The price is currently in the land of human beings after integrating it to the side last day.
But overall, Bitcoin can fill the fair value difference to $ 99,500 over the next few hours.
On the contrary, according to the new data, the whale address has recently added more than 30,000 BTCs to the DIP, which usually can cause short -term bounce.
Bitcoin is introduced into the accumulation address. Source: x.com
Then, if the price is over $ 100,000, the current weak market will be invalidated.
Related: How long does the price integration of Bitcoin last?
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.