DaoResearcher
#美联储重启降息步伐 $BTC This sharp surge is quite interesting—the price shot up quickly, but trading volume didn’t keep pace.
If you looked closely at yesterday’s big bullish candle, you’d notice: the volume was clearly insufficient. There are two main reasons behind this: first, a chain reaction of leveraged liquidations in the derivatives market, with short positions getting wiped out and pushing the price higher; second, after a series of weekly pullbacks, there was a vacuum of sell orders above, making selling pressure thin. Even a bit of buying can drive the price up.
So, what’s the key now? Don’
If you looked closely at yesterday’s big bullish candle, you’d notice: the volume was clearly insufficient. There are two main reasons behind this: first, a chain reaction of leveraged liquidations in the derivatives market, with short positions getting wiped out and pushing the price higher; second, after a series of weekly pullbacks, there was a vacuum of sell orders above, making selling pressure thin. Even a bit of buying can drive the price up.
So, what’s the key now? Don’
BTC7.23%

