#BTC对标贵金属的竞争格局 $BTC has recently been supported by a sense of unwillingness. From the continuous dumping, 11 AM has become a violent period that is almost guaranteed every day, and the long positions are about to lose their last stronghold. There is a consensus in the market — once the U.S. stock market adjusts, this side will also follow downwards, and a cyclical panic is replaying. Interestingly, even die-hard Bitcoin supporters in El Salvador have started to stop increasing their holdings. The current market is a hell of oscillation, with holders unable to sleep well and short position holders even more confused — no one knows where the next effective entry point is. If you look closely at this market, the liquidity has already dried up completely. Retail investors and institutions are both waiting and watching. This is the most accurate portrayal of Bitcoin right now — facing significant technical pressure, with everyone fighting their own battles mentally.