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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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When the ZKJ system was working properly, I had predicted that the price would break through the 250-point mark. However, with the collapse of the system, the market wear rate has climbed dramatically, and the current trading range has soared from 8K to nearly 2U. Surprisingly, despite such a high rate of wear, the price not only did not fall back as expected, but rushed straight to the 251 level, which is a really puzzling trend. Fortunately, the short strategy was adopted in time for the previous two times to avoid greater losses. Considering the current high daily wear rate, it may be wiser not to continue to trade frequently, and it may be wiser to wait for a more suitable time to work on the contract. Strategy adjustment in this high-wear environment may be more rational than blind chasing.