BTC is trading within a concentrated range, with the current price approaching a critical area
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Chip distribution data shows: in the past six months, 50% of BTC trading chips were concentrated in the $65,138.49-$76,578.12 range, with the point of control (POC) at $67,045.10. Currently, the BTC price is operating in the middle of this range and is above the POC price, which means the POC level has shifted from a cost line to a psychological support line. As long as the price does not fall below the POC, the short-term bullish pattern remains. If there is heavy volume breaking below the POC, the bullish advantage is lost. PRO "Chip Distribution" supports switching to more timeframes to view POC evolution trends and helps determine if support is solid. Data is for reference only.
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