Today is another fairy day. The homework of the last two days is becoming more and more difficult to write. Both ends of the market are releasing good news through events. For BTC, the adoption of continuous state strategic reserves has begun to give investors higher expectations. In terms of politics, Trump and more countries or regions have reached agreements. At present, the remaining hard bones should be China and Europe, and there is also a trend of easing for China in the early morning. Yesterday, Powell's pessimistic information about tariffs and the economy was completely ignored by the market, especially after the trade agreement between the United States and the United Kingdom was reached. BTC continued to rise along with the US stock market, and the most interesting thing is that the Russell 2000 index rose the most in the US stock market, while ETH in the cryptocurrency market rose more than most altcoins, with a daily increase of over 17%. Of course, when the FOMO began, there were already overflow funds and sector movements in the game. However, it is difficult to determine how long this trend can last, as events will still be the main driving force of the market until monetary policy truly shifts towards easing. Returning to the data of Bitcoin, although the price of BTC has seen a significant increase, the turnover rate has not increased, but has decreased. This indicates that the game of short-term investors has begun to weaken after the price rises. Either short-term investors expect the price to continue to rise, or their chips are running low. From the data we have been discussing, it appears that more BTC is shifting towards long-term and high net worth investors. Moreover, I have examined the stock data of the exchange and found that there have been no more BTC entering the exchange and preparing to leave due to the price of BTC returning to the upper limit of $100000. On the contrary, the stock of the exchange is still decreasing, indicating that even if it exceeds $100000, there are more investors buying than selling. From the supporting data, although some investors between $93000 and $98000 have reduced their holdings, the amount of reduction is still relatively small and not enough to disrupt the current support situation. Whether these investors will continue to be a resistance to price increases depends on whether the market continues to release positive news. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex