Yesterday afternoon, PRO's "Chip Distribution" news alert reminded that BTC has fallen below the POC of chips in the past week, and the short-term trend has weakened. It also advised to pay close attention to the liquidity receiving area below $65215~$64935.
Subsequently, in the "PRO CLUB" group, it was further pointed out that the chips below the key receiving area are sparse, and once lost, prices are prone to accelerated fluctuations. Therefore, it is important to focus on the support levels of $64640 and $64000.
As a result, BTC quickly fell below the critical liquidity zone and gained support near $64440, rebounded to $66445, and then fell back again to around $64000.
Two key points, all chip distributions hit!
What many people see is the rise and fall of prices, while the distribution of chips sees: where it is easy to undertake, where it is easy to accelerate, and where it may become the next target.
Unlock the PRO version of K-line now, and before selecting the next direction, "Chip Distribution" will help you lock in key defense lines in advance.