🌐#Bitcoin $BTC Overview   On-chain #analysis ▶️ more strategies on #INVESTIDEAUA @INVESTIDEAUA

Exchange Reserve

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Reserve decreased

Lower selling pressure

Exchange Netflow Total

ⓘ

Higher than last 7d avg.

On-chain Indicators

Net Unrealized Profit and Loss (NUPL)

ⓘ

High unrealized profit

Belief phase

Binary CDD

ⓘ

High long-term holders' movement

aSOPR

ⓘ

Realizing profit

Sentiment

Coinbase Premium

ⓘ

Low US investors' buying pressure

Fund Premium

ⓘ

High fund/ETF buying pressure

Korea Premium

ⓘ

High Korean retails' buying pressure

Miner

Miners' Position Index (MPI)

ⓘ

Moderately selling

Derivatives

Funding Rate

ⓘ

Dominant long sentiment

Open Interest

ⓘ

Interest decreased

Possible trend reversal

Technicals

Relative Strength Index (RSI)

ⓘ

Neutral

Stochastic

ⓘ

Neutral

Comment

Coinbase, a leading cryptocurrency exchange, recently faced a significant withdrawal of Bitcoin, resulting in the smallest confirmed reserve of the digital currency since 2017. More than 18,000 BTC,