🚨Latest News🚨 Bhutan Aggressively Dumps $110 Million in BTC, On-Chain Data Points to Major Players Cashing Out! Just transferred approximately 519.7 BTC. Last week sold $72 million worth. Transfers accelerating over the past two weeks, with single transactions reaching 500-1,000 BTC each, deeply associated with QCP Capital, indicating they're looking to cash out off-exchange. From October last year to now, Bhutan's holdings have been slashed from a peak of 13,000 BTC down to just approximately 4,450 BTC remaining, a cumulative reduction of over 65%.

#BTC The daily bottom is gradually rising and is now hovering around the zero line. When it comes to directional choices, attention should be paid to the initiation of the 4-hour order flow. The 4-hour level is currently trading above the zero line. The next focus is whether the 1-hour order flow can stabilize above the 71600 level. If it does, the price will continue upward. The idea I shared yesterday was that as long as it does not break below 69500, we should expect a rebound, and yesterday it just retested that level and bounced. The next rebound to watch is in the 74500~80000 range. Summary: Pay attention to the 4-hour level rebound.

#BTC The bottom at the daily level is gradually rising and is now hovering around the zero line. When it comes to directional choices, attention should be paid to the initiation of the 4-hour order flow. The 4-hour level is currently trading above the zero line. Next, focus on whether the 1-hour order flow can stabilize above the 71,600 level. If it does, the price will continue upward. The idea I shared yesterday was that as long as it does not break below 69,500, a rebound is expected, and yesterday it just retraced to that level and experienced a rebound. Moving forward, attention should be on the 74,500 to 80,000 range for the rebound. Summary: Watch for a rebound at the 4-hour level.