PRO chip distribution data shows that in the past 2 months, 50% of BTC's traded chips have been concentrated in the range of $61026.02 to $64701.88, with the most concentrated price (POC) at $62863.95.
Currently, the BTC price is attacking the upper edge of the chip area ($64701.88), at a distance of about 0.03%, which is a direct assault on the bears' last line of defense. If the volume breaks through and stabilizes, the pressure transforms into support, and the space above opens up. If the volume reduction encounters resistance, the pressure will be effective and the price will return to the range of oscillation.
PRO users can monitor the trading volume changes during breakthroughs through "chip distribution" and distinguish between true and false breakthroughs.
The data is for reference only.
