Wednesday, Bitcoin price Staying $ 93,000 as a Haussier market performance decreased before recovering above $ 94,000 a few hours later. Instead of causing the lowering feeling among investors, withdrawal seems to have done the opposite, because BTC holders in major cryptography exchanges have optimistic behavior towards flagship digital assets.
Long -term bitcoin holders sell an activity hit the brakes
Bitcoin may have displayed a weakened momentum, but the feeling among investors seems to have moved to a positive perspective. BTC holders On the greatest exchange of crypto, Binance begins to keep their parts in anticipation of a continuous rally.
Channel market expert and founder of Alphractal, Joao Wedson, reported These Bitcoins de Binance holders released the sales pressure, offering a possible suspended pressure on the market. “After months of Dumping BTC on Binance, the veterans of the network seem to take a break,” said Wedon.
This positive behavior is particularly identified among long -term BTC holders on the main exchange of crypto. BTC Long -term trials“Reducing sales pressure is often considered to be bullish development and is considered to be the basis of price stability. Even if the price of the BTC oscillates near the key resistance levels, this reduced sales activity of these investors on Binance suggests confidence in the prospects of rising assets.
Bitcoin display data spent metric production age bands Binance Shows that the old BTC is no longer sent to the exchanges of crypto, unlike the past. It should be noted that the old BTCs are classified as parts purchased by investors over 6 months, 1 year and 3 years.
Currently, the expert pointed out that there is no clear sign Distribution or sale pressure experienced hands. According to the expert, these main BTC investors have already distributed and sold their parts in 2024.
Random -upda
Camai BTC is also reflected by an increase in the volume of purchase in cash above the sales volume on the Binance. After more than 6 months, it is the first time that the volume of purchase of spots has exceeded the cash sales volume on the exchange of crypto, marking a notable change in feeling.
Wedson highlighted The development of the metric of the Cumulative Delta volume (CVD), which measures the difference between the volumes of purchase and sale over time. The data reveal that the cumulative volume delta metric has constantly increased from $ 75,000, which suggests that the cumulative purchase pressure has exceeded the sale pressure.
In addition, the attention has long been focused on the Binance spot MCV, as it has maintained a constant decreased trend since 2021 and almost never supports positive growth. Thus, Wedon highlighted the importance of monitoring this crucial metric daily to assess the appetite for risks and Buy an interest in the exchange of binance.
Pixabay star image, tradingView.com graphic
Editorial process Because the bitcoinist is centered on the supply of in -depth, precise and impartial content. We confirm strict supply standards, and each page undergoes a diligent review by our team of high -level technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.
