Willy Woo: Bitcoin faces the risk of a bearish turn in the short term, and we need to be wary of overheated speculation
2025-05-27 09:49:04
Odaily News Crypto analyst Willy Woo wrote that although the overall long-term structure is still bullish, Bitcoin currently has bearish turning signals. Its Bitcoin vector model shows that network capital inflows have been extremely flat over the past three days, which is abnormal from the 75K to 112K rising phase. Investor profit levels are high (SOPR), but buying is weak and speculative sentiment is heating up, which may trigger a reversal of "greed should be fearful". If there is no follow-up buying after the US market resumes, it may trigger a bearish divergence on the long-term chart. The next key level is $114,000.
27minutes ago
Satoshigallery: Satoshi Nakamoto sculpture found
27minutes ago
Satoshigallery: Satoshi Nakamoto sculpture found
Download Odaily App
Let Some People Understand Web3.0 First
