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Today, the Bitcoin market experienced some fluctuations, with data showing that investor sentiment has been volatile and trading activity has significantly increased. In particular, investors who bought in at costs above $100,000 have been hit hard, with those who purchased at prices exceeding $110,000 becoming the market makers for selling. In contrast, early investors, while also feeling the market fluctuations, have been relatively less affected.
It is worth noting that the previously much-watched URPD (Unspent Realized Price Distribution) gap has undergone some changes. The gap at $114,000 has been filled, confirming the historical pattern that URPD gaps will eventually be bridged. However, the gap at $112,000 still exists, and the futures gap at the Chicago Mercantile Exchange (CME) has also not yet been filled, which may become important reference points for future price trends.
Despite the market experiencing fluctuations, the current support level remains relatively stable. With the weekend approaching, if the price can stabilize and rebound, it will help stabilize investor sentiment during this period of low liquidity. This price movement interacting with market psychology will continue to affect Bitcoin's performance in the short term.
Overall, the current Bitcoin market is at a delicate balance point. Investors need to closely monitor changes in various technical indicators and market sentiment, while also remaining rational and avoiding impulsive decisions during market fluctuations. As the digital currency market continues to mature, such short-term fluctuations may become the norm, and how investors seize opportunities in this environment will be a thought-provoking question.