BroadChain News, April 26, 10:02, according to NewsBTC, the current structure of Bitcoin shows that the price is consolidating below a key level, while liquidity is densely accumulating around $80,000. Analyst Cryptorphic points out that this area has become a potential target due to the continuous accumulation of leveraged positions, and the market may first sweep upward through this liquidity zone before establishing a clear trend.
Analyst Mags believes that market operation is divided into two phases: during the bull phase, although the price rises overall, it will experience 20%-30% pullbacks; the bear phase is accompanied by deeper corrections until a bottom is found. History shows that identifying the current cycle position is more important than short-term fluctuations.
