Cryptocurrency market drops 39% in a week

According to a report by Bijie Network: Bijie Network reported that, according to a tweet from 10x Research: The cryptocurrency market started this week with a decline, with the total market capitalization shrinking by $1.7 trillion. The report points out that focusing solely on price trends is not enough to predict risks; the real advantage lies in tracking capital flows, market positions, and structural data. Bitcoin is approaching a critical level, and its subsequent trend will depend on these data signals that most investors do not track.