By analyzing
$BTC star lines, we can identify key short-term levels and potential bottom support points for the upcoming bear market.
Currently, at this position, there is a surge in volume around the 60,000 mark. I am no longer extremely bearish.
Because the 60,000 level has seen a massive volume spike, what does low-level volume usually indicate? Either panic selling or someone is accumulating. Combining this with the previous downward trend from higher levels, it seems more like—selling pressure above, accumulation below. You can interpret this as institutions distributing at high levels a