$BTC Bitcoin reuse addresses hold 4.33 million BTC ๐ฅ
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๐ข $BTC Bitcoin reuse addresses hold 4.33 million BTC โ short-term outlook slightly bearish
โ ๏ธ Technical analysis: BTC is currently at $82,385. The daily EMAs are bearishly aligned, creating significant resistance. The 4-hour ADX is as high as 59, indicating a strong bearish trend, while the 1-hour moving averages have just formed a bullish alignment and are turning upward, showing signs of short-term stabilization. Volume has contracted to 0.26, suggesting weak rebound momentum. Support is at 80,095 and resistance at 87,385. A high-volume breakout above resistance is needed to reverse the daily downtrend.
๐ข Market updates: On-chain data shows that reuse addresses hold 4.33 million BTC, indicating that long-term holders remain committed to accumulating coins and that selling pressure is limited. Minersโ daily revenue has surged 78%, easing financial pressure after the halving and reducing the risk of forced selling. Fundamentals are tilted bullish.
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๐ Follow for first-hand market updates ๐
#ๆๆฏๅๆ #ๆฏ็นๅธ้ๅคไฝฟ็จๅฐๅๆๆ433ไธๆBTC #BTC
๐ When trading, pay attention to whether the candlestick patterns are consistent
โโโโโโโโโโโโโโโโโโโโ
๐ข $BTC Bitcoin reuse addresses hold 4.33 million BTC โ short-term outlook slightly bearish
โ ๏ธ Technical analysis: BTC is currently at $82,385. The daily EMAs are bearishly aligned, creating significant resistance. The 4-hour ADX is as high as 59, indicating a strong bearish trend, while the 1-hour moving averages have just formed a bullish alignment and are turning upward, showing signs of short-term stabilization. Volume has contracted to 0.26, suggesting weak rebound momentum. Support is at 80,095 and resistance at 87,385. A high-volume breakout above resistance is needed to reverse the daily downtrend.
๐ข Market updates: On-chain data shows that reuse addresses hold 4.33 million BTC, indicating that long-term holders remain committed to accumulating coins and that selling pressure is limited. Minersโ daily revenue has surged 78%, easing financial pressure after the halving and reducing the risk of forced selling. Fundamentals are tilted bullish.
โโโโโโโโโโโโโโโโโโโโ
๐ Follow for first-hand market updates ๐
#ๆๆฏๅๆ #ๆฏ็นๅธ้ๅคไฝฟ็จๅฐๅๆๆ433ไธๆBTC #BTC
๐ When trading, pay attention to whether the candlestick patterns are consistent