CryptoQuant Founder: There is almost no trading volume above $72,000 for Bitcoin, making it easy to rise and fall
ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the volatility in the Bitcoin market is increasing. During the price discovery phase, the order book is often thin due to a lack of consensus on support and resistance levels. This led to multiple price fluctuations during the last bull market cycle. Currently, there is almost no trading volume above $72,000 for Bitcoin, making it easy to rise and fall.
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