BlockBeats news, on September 25, crypto KOL and former FTX community partner Benson Sun posted on social media that after six months of consolidation, the market is at a critical moment. With the strong rise of altcoins and the ETH/BTC exchange rate, coupled with bullish macro news, the current market sentiment is high, and investors are looking forward to Bitcoin breaking through $65,000. But there are still some bearish signals, including:

· CME positions are greater than 150,000 BTC

· The long-short ratio is about 0.8· The selling pressure on the spot order book is very high

· The long-short difference (buy volume minus sell volume) has decreased, making it unlikely to break through the selling pressure of sell orders

· Mt.Gox moves BTC again

Benson Sun said that in the past six months, each stage top has shown a similar situation, and optimism has encountered technical resistance, which ultimately led to a price correction rather than a breakthrough. That said, there could be some major macro changes in the market. I have personally decided to sell some of the spot positions I purchased on September 7th. Nonetheless, any dips could provide excellent buying opportunities as the market adjusts to these new conditions.

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