PANews just dropped some on-chain data: short holders' funds have shrunk by 56%, and aNUPL has dipped to -0.14. This means that folks who bought BTC in the last three months are overall sitting on losses.
Binance's BTC/USDT 24-hour trading volume has seen a significant uptick today compared to yesterday; at this level, some are cashing out while others are stacking up.
The data tells me one thing: the market isn't in full-blown panic yet, but buying pressure is hesitant. Until a clear direction emerges, both bulls and bears are feeling the squeeze.
#链上数据 #BTC
Binance's BTC/USDT 24-hour trading volume has seen a significant uptick today compared to yesterday; at this level, some are cashing out while others are stacking up.
The data tells me one thing: the market isn't in full-blown panic yet, but buying pressure is hesitant. Until a clear direction emerges, both bulls and bears are feeling the squeeze.
#链上数据 #BTC