$BTC, there’s a new development: An analyst says short-term holders are still depositing profitable holdings to exchanges, while selling pressure over the past 7 days is down 66% from its peak.
After bearish news comes out, whether funds continue to flow out matters more than the headline. Looking at the chart, the top and bottom of the range are the key levels to watch.
Do you usually trade based on this kind of news?

This is for informational purposes only and does not constitute investment advice.