The market remains calm today. Although BTC is still experiencing some volatility, this is normal given the low liquidity levels, which are like a flowing dog. Many Asian countries and the United States are on holiday, leading to even less market activity. It’s already a good sign that there are no major surprises in the market. Although the US stock market is closed, CME is still operating, and stock index futures are slightly fluctuating. There are no signs of panic in the market. We will have a clearer picture once the US stock market opens tomorrow evening.

Looking at Bitcoin data, on Monday, due to the holiday, the turnover rate slightly increased but remains at a low level. Most investors have not participated in trading, and the majority of holders are still in a wait-and-see mode. This is consistent with holiday conditions—avoiding surprises is the best scenario.

A decrease in turnover naturally has little impact on the chip structure. The current chip structure remains very stable, with no signs of investor panic. Especially, investors with losses at high levels remain very optimistic.

A pullback to around 67,000-66,280-65,300 can be used to add long positions. The rebound target can be set around 67,900-69,000.