On-chain data shows that BTC's recent chip concentration has quickly risen to the level before the surge at 8.19. After consolidating in such a narrow range of 80k-82k for so long, it has reached a high-volatility inflection point; today, the market appears to be choosing an upward move.
$BitMine Immersion Tech(BMNR.US)$Strategy(MSTR.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.