3. On-chain chip distribution perspective:
The 62k-65k range saw turnover of 213W+ (a big “biscuit”), which is 2x the 103W+ (a big “biscuit”) in the corresponding prior period’s chip peak in the 83k-86k range. The bottom turnover volume is basically sufficient to ignite the market rally—of course, the more, the safer.
The 62k-65k range saw turnover of 213W+ (a big “biscuit”), which is 2x the 103W+ (a big “biscuit”) in the corresponding prior period’s chip peak in the 83k-86k range. The bottom turnover volume is basically sufficient to ignite the market rally—of course, the more, the safer.
