$BTC
The Bitcoin futures liquidity index indicates weak market conditions.
According to PANews, CryptoQuant analyst Axel Adler Jr. analyzed the Bitcoin futures liquidity index, revealing that the market remains in a weak zone, with values below 45. Bulls attempted to regain control twice on October 13 and October 20, but both attempts were unsuccessful. The first attempt appeared strong but quickly lost momentum, while the second lacked sustainable driving strength.
Currently, the price remains below the fair value for 30 days, with Bitcoin futures showing signs of weakness. The initiative from buyers has significantly diminished, indicating exhaustion among market bulls. Don't forget to follow $BTC #MarketPullback #StrategyBTCPurchase #PowellRemarks
The Bitcoin futures liquidity index indicates weak market conditions.
According to PANews, CryptoQuant analyst Axel Adler Jr. analyzed the Bitcoin futures liquidity index, revealing that the market remains in a weak zone, with values below 45. Bulls attempted to regain control twice on October 13 and October 20, but both attempts were unsuccessful. The first attempt appeared strong but quickly lost momentum, while the second lacked sustainable driving strength.
Currently, the price remains below the fair value for 30 days, with Bitcoin futures showing signs of weakness. The initiative from buyers has significantly diminished, indicating exhaustion among market bulls. Don't forget to follow $BTC #MarketPullback #StrategyBTCPurchase #PowellRemarks