$BTC

🌓 Recent Bitcoin Flow Summary

On May 27, reached $110.6K

Then entered a pullback phase → Touched $106.7K around 5 AM on May 29

📉 Review of the Early Morning

Amid rising uncertainty due to FOMC meeting minutes, Eric Trump's remarks, etc.,

I had to endure a long night while heavily positioned.

One question arose:

"The Bitcoin held by exchanges is at the bottom, but where is the volume coming from?"

In my opinion, the possibility of price manipulation using wash trading cannot be ruled out.

Setting one's own volume at the bid and repeatedly selling back to one's own volume

is a way to artificially lower the price without actual outflow.

If this flow repeats, psychological anxiety can only increase.

🔴 Bitcoin Technical Flow

Bitcoin rose without forming a support zone above $106K,

resulting in a larger adjustment than usual.

For Bitcoin to rise further in the current range,

- Form a range that can support through sideways movement

- Additional drop to touch the retest range

($105~102K range)

🟣 Unexpected Strength of Altcoins

The peculiarity is that altcoins, especially centered around Ethereum,

are showing a surprisingly strong upward trend.

In a traditional cycle structure:

Bitcoin rises → Bitcoin adjusts → Altcoins rise → Bitcoin rises again

→ We are currently in the altcoin rising phase,

and I look forward to Bitcoin's re-entry into a significant upward movement.

🔵 Dusk Position

Entry: $107,875 (currently in profit)