Today's turnover rate is not considered very high. Investors' reactions to rising prices are not particularly strong. The main participants in the turnover are still short-term bottom-fishing investors, especially those who bought below $90,000, as they are the most likely to exit. Other investors' reactions are relatively normal.

As mentioned earlier, investors' sentiment regarding price increases is still quite good, with no signs of 'last-minute rebound to escape' appearing. Most investors are not very sensitive to price changes, and the overall chip structure remains stable. However, it should be noted that today's increase is more driven by sentiment, and liquidity has not been fully resolved. btc