BlockBeats News, on April 18, according to analyst @alicharts, the Bitcoin market has shown signs of a top, "retail investor frenzy is absent in this rise. Historical data shows that whenever the Bitcoin price approaches a cycle top, it is often accompanied by a surge in retail trading activity. However, in this swing trading from $70,000 to $110,000, this typical characteristic is notably missing - this abnormal situation is highly similar to the market structure at the end of the bull run in late 2021."
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BlockBeats News, on April 18, according to analyst @alicharts, the Bitcoin market has shown signs of a top, "retail investor frenzy is absent in this rise. Historical data shows that whenever the Bitcoin price approaches a cycle top, it is often accompanied by a surge in retail trading activity. However, in this swing trading from $70,000 to $110,000, this typical characteristic is notably missing - this abnormal situation is highly similar to the market structure at the end of the bull run in late 2021."