比特进|12月 02, 2025 13:22
Just casually chatting, today's market is a bit hard to analyze.
The rebound today was quite strong, mainly because $BTC's main players have been pushing up prices with funds from midnight to daytime. Additionally, the accumulated funds reached as high as 800-900 million, which is quite a lot. At this point, many people might think the main players are accumulating positions, but it's not that simple.
The process of accumulation usually involves very small price fluctuations to ensure the chips they buy are at a low price. However, today was more of a direct pump, so the likelihood of a bull trap is higher. I also want to lean bullish because of the fund accumulation here, but constant pumping makes it hard to enter, and the main players seem suspicious of creating a bull trap. So for now, I don’t plan to open any long positions.
When I can’t understand the market, I usually just observe and stay out for the time being.
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