From the chip structure perspective, Bitcoin is now in a typical bottom consolidation phase. Previously locked-in positions are being fully digested through repeated oscillations, low-level turnover is sufficient, overall holding costs have moved up, and selling pressure is significantly diminishing.



The decline is becoming increasingly hesitant, and rebounds are becoming increasingly decisive, indicating that capital sentiment has shifted. When it drops, there are buyers; when it rises, there's no panic.

The resistance above appears to exist but is actually a psychological level. Once there's a volume breakthrough, it will directly trigger trapped funds to repurchase, resulting in a trending move.

Trading suggestion: Go long around 2120-2090, targeting 2170-2200 above, with resistance break at 2250

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林染vip
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