Willy Woo: Bitcoin cumulative trading volume incremental selling has peaked and will then enter a rising phase

Willy Woo, a Bitcoin analyst, wrote on the X platform that the current selling of Bitcoin cumulative volume increment (CVD) has reached its peak and will enter the rising phase afterwards, but it will still take several weeks to reach a proper bullish environment. On the one hand, the Bitcoin halving is coming, and on the other hand, the longer Bitcoin consolidates near its all-time high price, the more coins will be transferred between investors, and once it breaks through, it will form long-term support. If it is liquidated at a lower price and falls below the support level of $59,000, then a bear market may come.