BTC has been fluctuating quite a bit these past two days, with daily swings of a few hundred dollars, which can indeed be exhausting. However, based on the trading volume, this move hasn't shown a clear increase in volume but is still testing higher levels, which doesn't quite look like a weakening signal. Especially on the one-hour K-line chart, this behavior is quite interesting — it indicates that despite the volatility, buying momentum remains resilient. This short-term trend is worth paying attention to.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC has been fluctuating quite a bit these past two days, with daily swings of a few hundred dollars, which can indeed be exhausting. However, based on the trading volume, this move hasn't shown a clear increase in volume but is still testing higher levels, which doesn't quite look like a weakening signal. Especially on the one-hour K-line chart, this behavior is quite interesting — it indicates that despite the volatility, buying momentum remains resilient. This short-term trend is worth paying attention to.