Haru Capital Researcher: Bitcoin Volume Not Effectively Amplified, DeFi Still a Blue Ocean

A researcher from Haru Capital, Daofa Ziran, published an article expressing views on the current market conditions and future trends. After a month of oscillation, BTC successfully broke through and effectively stood above the first resistance level at 11,000. Currently, the uptrend is quite strong with the range bottom continuously rising. The only shortcoming is that volume has not been effectively amplified. The trigger for Bitcoin's significant rise in the past three days was U.S. payment giant Square purchasing $50 million worth of BTC, followed by its own need for an uptrend after adjustment.