BTC: Is the Long-Awaited Pullback Opportunity Here
Is#BTCfacing the long-awaited pullback opportunity?——Orca Club market data report on February 24:The supply of stablecoins is falling, the stock of stablecoin exchanges is falling, the stock of#BTC#ETH exchanges is falling, and the market’s further entry volume is sluggish. The current fluctuations are mainly due to emotional effects.The option IV has returned to balance. The IV is extremely low over the weekend, and the trading willingness is not high. A big rise is unlikely, but we need to continue to pay attention to the callback caused by low sentiment.#BTC#ETH contract positions have further corrected, and the leverage is being digested. If all the leverage can be digested in the shock, it will take a period of consolidation to start the trend. If there is a big correction, the rise will be more straightforward.Short-term support level 49578Short-term pressure level 52542Mid-term support level 47562, 45086The above information is for reference only and does not constitute investment advice.