Crypto Money Market It started the day with a slight rise of 0.22 percent, which carried its total value to $ 3.43 trillion. The transaction volume climbed to $ 129 billion and increased almost five -fifth overnight. Crypto fear and greed endees 68, in the region of greed. Altcoin season index remains at 23 levels. Bitcoin $109,538.34shows that it is also (BTC). This appearance reveals that the short -term volatility continues, but in -chain data adds strength to the bull cycle.
Market dynamics continue to strengthen Bitcoin’s leadership
The fresh capital flow in the crypto currency market keeps Bitcoin dominant. The total market value of the new record threshold while navigating the 19.6 percent increase in volume indicates that both corporate and individual interest continues. Crypto fear and greedHighly reflecting the risk-relief appetite in investor psychology clearly, while clearly reflects, Altcoin Season Index‘The low confirms that Bitcoin is focused on. Cramped price movements seen in the short term suggest that the market expects the next -way breakage.
According to Analyst Axel’s “Smart DCA” model, all four purchasing signals in the current bull cycle produced positive returns. The most tough threshold was the first trigger in the 16 thousand dollars, which corresponded to the bottom of the bear period. From this point, every cost base rise has proved that the strategy worked even in changing volatility. The same process shows that despite the price prints, the long -term investor does not sell what is available and the distribution phase has not yet started.
In -chain data and short -term price view for Bitcoin
Cryptoquant Data have shown that the cost bases of both short -term and long -term investors have been up -to -up since the price of Bitcoin’s price is $ 97,000. In particular, the seven -day change rate of investors holding long -term -handing reached the loop record. This shows that experienced wallets suppress the appetite of making profit and tighten the supply. It is noteworthy that the market structure is strengthened as the eclipse of the supply increases, and that the volatility is digested in the upward trend.
Bitcoin is trading at the level of 108 thousand 969 dollars while Bitcoin news is prepared. There is a rise of 0.16 percent in the daily and 1.45 percent per week. 108 thousand 445 – 110 thousand 744 dollars in the band of the day mobility confirms the cramped course. In the four -hour graph Rsi In the neutral region with the value of 49.85. The price awaits direction determination by wandering around SMA-9.
If there is a candle closure above the highest level of all time, the new record target of around 113 thousand dollars is on the table. However, if this threshold cannot be overcome, short -term retreats will not be surprised.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
