BTC Holding 70k: On-chain and Macro Perspectives
แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)
I've noticed $BTC holding above 70k for several days now, and it feels like the market has quite strong support. Even though there was a correction earlier, it recovered fairly quickly.
What I'm keeping an eye on is the on-chain data, especially the continuously decreasing supply on exchanges. Simply put, this means most people are still HODLing and not easily selling their coins. I find this very interesting because it reflects investors' long-term confidence quite well overall.
From a macro perspective, everyone is currently focused on interest rates and QE. I believe these factors will affect the crypto market to some extent, and they might make $BTC price movements more volatile in the short term. However, looking at the bigger picture, Bitcoin remains an asset worth watching as a store of value, as people are always looking for alternatives to traditional financial systems.
What do you all think? I'd like to hear your perspectives on $BTC right now, what factors do you consider important and particularly worth watching?