BTC breaks through the $122000 mark

The current BTC price is around 122000, approaching the maximum trading volume range in the chip distribution (109231-109536). According to membership indicators, the proportion of buying in this region reached 91.8%, indicating strong support below. Based on the K-line pattern, a cross star appears in the latest 2-hour cycle, intensifying the market's long short game. In the short term, the effectiveness of this support level may be tested. At the same time, trading volume continued to shrink to 45.31% of the average level, and market activity was sluggish. Although the EMA24/52 moving average is in a bullish pattern, the KDJ golden cross and RSI double bottom signals suggest potential upward momentum. Suggest paying attention to the opportunity to stabilize at the support level of 109231, with a target of reaching a high before 123894. Open membership and accurately capture the trend of key chips! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

[70 Early Wallets Transferred Over 2,800 BTC in September] (According to btcparser.com) Data shows that in September, 70 BTC wallets created between 2011 and 2017 conducted transactions, transferring a total of 2,803.62 BTC, approximately $343 million at the current price.

OKX-BTC/USDT is currently trading at $122000, with a 5-minute increase of 0.04%. Please be aware of market fluctuations.

[GLEIF Partners with Chainlink to Bring LEI Data On-Chain] According to Golden Finance, the Swiss Global Legal Entity Identifier Foundation (GLEIF) has partnered with Chainlink to bring over 3 million LEI records onto the blockchain, supporting digital asset applications.

Despite some investors calling Q4 the end of the cycle, key long-term indicators suggest the bull market may just be getting started.