Bitcoin is over $73,000: the real cow market is the ultimate trap

Coinpedia reported that Bitcoin had recently exceeded $73,000, triggering an empty settlement of $3 billion, driven mainly by macroeconomic and political developments. Market signs suggest that the market surrender is coming to an end in preparation for a possible rebound. Sustained spot demand is necessary to confirm the cattle market scenario and is expected to reach $100,000 at the end of the year. On Wednesday, Bitcoin broke by $65,000 and then rose to about $73,856, the main drivers of which included the United States Treasury Treasury bond buy-backs, White House regulatory support and large-scale emptying. At present, market value and realized value (MVRV) Z-score is 0.56, in a neutral region, and prices are based on a chain cost basis rather than speculative. The indicator of relative strength and weakness (RSI) is 49.5 per week, approaching the edge of structural transformation. Current rebounds are largely driven by empty crowding, with the current cumulative volume of Delta (CVD) moving to positive values, indicating that whales are purchasing breakthroughs。