Although the price has broken down 🫓, the Trading Volume is showing a trend of expansion. Under the continuous pressure of the macro economy, 🫓 has fallen from the high point of 106,000 USD to below 103,000 USD, and then a slight Rebound occurred.

========================
💰In terms of the market, the sentiment of retail investors is currently at its most pessimistic level since the announcement of the old Chuan Liberation Day关shui in early April. However, due to the exceptionally strong pessimism among retail investors in this wave, it may signal a rebound in prices according to past patterns, as a rebound often occurs shortly after similar panic sentiments arise among retail investors. This is because large investors frequently take advantage of retail sell-offs to accumulate at more favorable prices. Recently, Mei Lian Chu has maintained stable interest rates, and the ongoing game between the old Chuan and the old Po has further intensified market pressure.
========================
💰In the past month, the trading price of 🫓 has remained in a relatively narrow range of $100,000 to $110,000. Meanwhile, on-chain indicators show that the number of open contracts for BA is declining, indicating that derivative traders are continuously deleveraging, while whale wallets have been steadily accumulating since 2023, suggesting that despite short-term uncertainties, large holders are still increasing their positions, which reflects the 80/20 rule in the market.