Odaily Planet Daily News: CryptoQuant, an on chain analysis platform, pointed out in its latest research report that profit taking has led to the interruption of the Bitcoin bull market, and some demand indicators for Bitcoin may be reaching short-term peaks, which may mean that the current upward trend will pause, and the whale accumulation speed is also slowing down, and the price may fall below $100000. Trader Mags posted an analysis on X platform, stating: 'On the daily chart, BTC has fallen below its previous historical high and is facing rejection at the same level. If BTC closes below the horizontal support and resistance levels on the weekly chart, a deeper pullback may be seen.'. ”(Cointelegraph)