glassnode: Current Bitcoin Fragility Increasing, Its Structure Still Susceptible to External Negative Factors
BlockBeats News, August 6th, glassnode released a market report pointing out that as the market retests the low liquidity range below the $114,000 threshold, Bitcoin's frenzy phase is pausing, and the market is undergoing a period of readjustment. Signals from various market sectors all indicate that market momentum is cooling off, with cautious holding and reduced risk appetite. The reasons for this are mainly as follows:
1. The spot market has significantly weakened, with the RSI dropping from 47.4 to 35.8, breaking below its low range, indicating the market is entering oversold territory.
2. Open interest in the futures market has decreased from $45.6 billion to $44.9 billion, suggesting a mild unwinding of positions.
3. ETF market net inflows decreased by 24.9% to $269.4 million, well below the low range, indicating weak institutional demand.
In conclusion, the market has shifted from prosperity to reassessment, with oversold conditions and seller exhaustion implying the possibility of a rebound. However, market fragility is increasing, and its structure remains vulnerable to external negative factors or delays in demand recovery.
Możesz również polubić
Zyskujące
Najnowsze wiadomości kryptowalutowe
Cryptocurrency Fear and Greed Index Rebounds to 28, wychodząc z zakresu "Extreme Fear"
Wzrost wydajności JGB jako rynek koncentruje się na danych gospodarczych tego tygodnia
NewGen: Na dzień 28 listopada zakupił 13,000.23 SOL
Prominent Analyst: Czy Ethereum może złamać $ 3,700, aby zweryfikować, czy rynek byków się zakończył
Przegląd: "pension-usdt.eth" skrócił pozycję BTC jako największego niedźwiedzia, "ZEC&MON Largest Bear" zwiększył pozycję ETH
Obsługa klienta:@weikecs
Współpraca biznesowa:@weikecs
Quant trading i MM:[email protected]
Usługi VIP:[email protected]