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CoinKarma: BTC shows a "large volume turnover, volume-based bottoming" structure, which is a typical short-term bottom signal.

CoinKarma: BTC shows a "large volume turnover, volume-based bottoming" structure, which is a typical short-term bottom signal.

2025-11-23 08:59

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ChainThink message, November 23, the cryptocurrency trading metrics analysis platform CoinKarma posted on social media stating that after BTC broke below key medium- to long-term levels this week, it has faced strong selling pressure for several consecutive days, leading to a rapid decline in price. However, we also noticed that on November 21, the spot trading volume of BTC at the end of the day on multiple exchanges reached the highest level in recent times, indicating a clear handover of positions in the market. This structure of "large volume handover and volume-driven price stabilization" is a typical short-term bottom signal.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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