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Exchange CDD Pressure Index #bitcoin rises again, indicating an increase in supply from potential sellers.
The expectation for a possible reversal is pause in LTH's inflows coins to exchanges — if this indicator continues to test the Neutral Zone (0.00) as resistance, which did not occur during the latest #BTC relief rally.
The positive divergence in potential selling volume is still in play — the indicator reached lower peaks during most recent price lows suggesting less interest from sellers in that price range.
#Onchain #CYCLE #exchange $BTC
The expectation for a possible reversal is pause in LTH's inflows coins to exchanges — if this indicator continues to test the Neutral Zone (0.00) as resistance, which did not occur during the latest #BTC relief rally.
The positive divergence in potential selling volume is still in play — the indicator reached lower peaks during most recent price lows suggesting less interest from sellers in that price range.
#Onchain #CYCLE #exchange $BTC
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