wanghm5870 https://paragraph.com/@wanghm5870 undefined Thu, 20 Aug 2026 10:50:45 GMT https://validator.w3.org/feed/docs/rss2.html https://github.com/jpmonette/feed en wanghm5870 https://storage.googleapis.com/papyrus_images/5f27776f1fc3977e1d51eb909346e4d0.png https://paragraph.com/@wanghm5870 All rights reserved <![CDATA[Thinking about the recent market market of BTC]]> https://paragraph.com/@wanghm5870/thinking-about-the-recent-market-market-of-btc gLxqYOY8IMZhFHIizdaK Sat, 30 Nov 2024 12:30:20 GMT BTC price rose after the US election on November 5, 2024, breaking through the previous high of $73,878 and rising continuously to nearly $100,000. BTC is expected to achieve a 38% increase in November, which will be the best month since February.

As BTC continues to rise, trading volume cannot keep up, forming a volume-price divergence, and we need to pay attention to potential callback risks. Although BTC is currently trading sideways at a high level, I believe that for BTC to break through the $100,000 mark, it needs to pull back at least 20%-30% to clean up the leverage, and complete sufficient exchange hands before it can break through the $100,000 mark.

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