After GPT installed the Binance plugin

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BITWU.ETH
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2 hours ago

After installing the Binance plugin, it's easier to see the data!

I hope this doesn't speed up my losses!

GPT tells me:

The BTC price has dropped and the position volume is also down, indicating that this wave is mainly due to existing positions withdrawing and long positions being stopped out. In the last hour, the active buy and sell ratio is only 0.82, with active selling clearly dominant.

The main reason is still the "softening of bearish trades" caused by inflation data;

If the 4-hour level breaks below 63,800, then this rebound from 62,300 to 65,500 will basically be considered a failed attempt to break high, and the price is likely to return to around 62,700 to find buying interest again.


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