Odaily Planet Daily News Chain analyst Murphy pointed out that the main selling pressure in the current Bitcoin market comes from Coinbase. At about 10 am this morning, 4,950 BTC flowed into the exchange, and then the BTC price fell to about $115,000; and 1 hour ago, the chain monitored 3,169 BTC transferred to Coinbase again. Murphy said that the chain data has not yet updated more trends. If there is no new large transfer in the future, BTC may have reached the support level in the short term; if the transfer continues, the market still has downside risks.