📰 Bitcoin’s 30-day compression indicator has rebounded to 93.9%, and it has entered an extreme zone. CryptoQuant analyst Axel Adler Jr. says this is the fourth time similar conditions have appeared since the current bear-market phase.
🔥 This time is a bit special: over the past 20 days, Bitcoin has been repeatedly testing its annual moving average, but it still hasn’t been able to establish itself effectively. In other words, volatility is being compressed, and the price is also hovering right near key resistance.
Honestly, when a compression indicator surges to high levels, it only means the market is getting closer to a directional decision—it doesn’t tell people in advance which way it will move. At times like this, it’s easier for someone to directly interpret “a rapid breakout” as “immediately going up,” even though these two concepts are quite far apart.
👀 What really makes things a little unsettling is when compression and repeated tests of the annual moving average appear at the same time. Neither bulls nor bears have gotten a clear outcome—once the standoff is broken, the market reaction may be more direct than earlier.
🤔 If Bitcoin tests the annual moving average again, would you wait for confirmation before acting, or place a bet on a direction ahead of time?
#比特币 #BTC #CryptoQuant #加密市场
🔥 This time is a bit special: over the past 20 days, Bitcoin has been repeatedly testing its annual moving average, but it still hasn’t been able to establish itself effectively. In other words, volatility is being compressed, and the price is also hovering right near key resistance.
Honestly, when a compression indicator surges to high levels, it only means the market is getting closer to a directional decision—it doesn’t tell people in advance which way it will move. At times like this, it’s easier for someone to directly interpret “a rapid breakout” as “immediately going up,” even though these two concepts are quite far apart.
👀 What really makes things a little unsettling is when compression and repeated tests of the annual moving average appear at the same time. Neither bulls nor bears have gotten a clear outcome—once the standoff is broken, the market reaction may be more direct than earlier.
🤔 If Bitcoin tests the annual moving average again, would you wait for confirmation before acting, or place a bet on a direction ahead of time?
#比特币 #BTC #CryptoQuant #加密市场
