More and more signs suggest it’s starting to feel like the latter half of a bear market.
The share of BTC short-term holders continues to decline. This phenomenon has shown up in the later stages of the past few bear markets.
There are fewer and fewer short-term players, new capital is less active, and market attention drops; meanwhile, chips gradually settle into the hands of long-term holders.
The most difficult phase of a bear market is often not the day-to-day massive selloffs.
It’s when prices fall to the end—when even the people discussing the market become fewer and fewer.
When will the share of short-term holders rebound from the low level?
That would indicate that new participants, and new demand, are starting to enter the market.#美国7月CPI与PPI数据本周出炉 #ETH质押比例创34.4%纪录 #
The share of BTC short-term holders continues to decline. This phenomenon has shown up in the later stages of the past few bear markets.
There are fewer and fewer short-term players, new capital is less active, and market attention drops; meanwhile, chips gradually settle into the hands of long-term holders.
The most difficult phase of a bear market is often not the day-to-day massive selloffs.
It’s when prices fall to the end—when even the people discussing the market become fewer and fewer.
When will the share of short-term holders rebound from the low level?
That would indicate that new participants, and new demand, are starting to enter the market.#美国7月CPI与PPI数据本周出炉 #ETH质押比例创34.4%纪录 #