📢 Bitcoin lights up a signal that marked local tops in this cycle: what it measures and what it doesn’t say
Bitcoin has risen 42% from its July low, and an on-chain indicator that coincided with local tops during this cycle has just reached a similar level. It’s the “Seller Exhaustion Constant,” and according to on-chain analyst Darkfost, it now signals a phase in which selling pressure “should…
According to CryptoQuant, Bitcoin’s latest drop has brought a historical benchmark level of US$74,500 into focus. CryptoQuant compares pullbacks during broad market uptrends and points to two buying levels if selling continues: an initial zone for staggered purchases around US$80,000, and another, deeper one in the US$74,000 to US$75,000 range.
Drops of this magnitude are common during Bitcoin bull cycles and often help flush out excessive leverage from the futures market. In highly volatile conditions, many investors prefer scheduled accumulation strategies over making one-off investments, thereby mitigating the risk of buying at false support.
#BTC #bitcoin #CryptoQuant #BTC☀ #BTC走势分析 $BTC $WBTC
Bitcoin has risen 42% from its July low, and an on-chain indicator that coincided with local tops during this cycle has just reached a similar level. It’s the “Seller Exhaustion Constant,” and according to on-chain analyst Darkfost, it now signals a phase in which selling pressure “should…
According to CryptoQuant, Bitcoin’s latest drop has brought a historical benchmark level of US$74,500 into focus. CryptoQuant compares pullbacks during broad market uptrends and points to two buying levels if selling continues: an initial zone for staggered purchases around US$80,000, and another, deeper one in the US$74,000 to US$75,000 range.
Drops of this magnitude are common during Bitcoin bull cycles and often help flush out excessive leverage from the futures market. In highly volatile conditions, many investors prefer scheduled accumulation strategies over making one-off investments, thereby mitigating the risk of buying at false support.
#BTC #bitcoin #CryptoQuant #BTC☀ #BTC走势分析 $BTC $WBTC