According to Golden Finance, Bitcoin’s rebound after hitting a two-week high this Monday is facing the risk of abrupt death. Kirill Kretov, a trading expert at cryptocurrency trading automation platform CoinPanel, warned: Investors need to be extra cautious in the current environment. The market is still fragile and easily manipulated, retail investors are sluggish in activity and trading volume. Even the so-called smart money is on the sidelines. It is no coincidence that the power of truly capable of pushing the market to choose to remain unchanged. Kirill Kretov believes that long-term Bitcoin holders who have experienced the previous cycles are still sticking to their positions and waiting for a higher exit price. This kind of reluctance to sell has formed market selling pressure and aggravated the fragility of price volatility. Although volatility may clean up retail investors who hold excessive positions, he pointed out that only the complete clearance of long-term holders forced to sell can create a "pure stage" for large investors to establish new positions.