Bitcoin Order Book Imbalance Hits New Low Since May 2018, If the Trend Continues, It May Lead to a Significant Market Correction
BlockBeats News, August 27th, Cryptocurrency market analysis firm CryptoOnchain posted on social media that the 30-day moving average of Bitcoin's Taker Buy/Sell Ratio has dropped to the lowest level since May 2018, even lower than the bear market bottom in November 2021.
This indicates that with the weakening buying momentum, the market is experiencing significant selling pressure, suggesting a potential short-term price decline. Despite the rise in Bitcoin's price, the continued downward trend of this ratio indicates that the growth is unsustainable. If this trend persists, we may see a significant market correction or a prolonged downward trend in prices.
Você também pode gostar
Ganhadores
Últimas notícias sobre cripto
Fed Futuras Reuniões Risco Vendo Incremento de Disputas Aumentando a Volatilidade do Mercado
Tom Lee: BTC e ETH Ratio Risk-Reward se tornando bastante atraente
O Coinbase agora está ao vivo com a negociação spot da Rayls (RLS)
Um determinado endereço de baleia depositou 10 milhões U em HyperLiquid, iniciando uma posição 20x ETH longa.
Coinbase to List Rayls (RLS)
Atendimento ao cliente:@weikecs
Parcerias comerciais:@weikecs
Quant trading e MM:[email protected]
Serviços VIP:[email protected]