I don't know the exact reason, but they just use any price to make profit. And then, it is difficult to say specifically about the high price, there is no benchmark even though the price is above the previous price. I can say that $69K is a high price right now, there are a lot of people buying there hoping for the price to break through $70K and above. It is about opportunities and possibilities, but the facts don't live up to expectations.

When big dump occurs, most traders are hesitant to buy a lot because they are afraid of a possible lower price, but it can still happen the other way around. That's why they don't buy, but that doesn't mean all traders are the same.