Bitcoin bounced back the previous day, repositioned on Tuesday at $81,000, and the market focus returned to the round of $80,000. After a number of previous attacks were blocked, prices fell by $795 million, but then fell by $784 million.
$80,000, multiple saws.
On Monday, Bitcoin made two trips to the vicinity of $80,000, but all experienced a clear outpour. In the course of the fall, the price fell by about $1,500 at a time, and the price was not sustained by $795 million.
However, sales pressure has not continued to expand. Since then, Bitcoin has gradually recovered the lost land and has re-established on Tuesday at $80,000, further above $81,000.
Empty silos and giant whales live together.
As prices rebounded, part of the view was passive departure. Lookonchain states that after the increase of $81,000 in bitcoin, two bitcoin empty silos were completely flat, for a total of 101 BTCs, at the current price, approximately $8.14 million.
At the same time, there is a large margin of interest for the realization of the gains. Lookonchain claims that two wallets, possibly belonging to the same whale, flatened Bitcoin's silos after almost two months of holding, locking in profits of approximately $11.6 million.
Market sentiment goes back to greed.
Emotional indicators also rebounded with prices. The Bitcoin Index of Fear and Greed rises to 74, indicating that the market has entered the “grace” zone.
Next, the ability of $80,000 to move from resistance to support remains a central observation point for short-line movements. If prices remain stable, the current round of rebounds is expected to continue further; if they fail again, market volatility may be magnified.
