$BTC
On-chain data suggests a mixed bag. Long-term holders appear to be accumulating, indicating a belief in Bitcoin's long-term value. However, some short-term profit-taking has also been observed. The funding rates on perpetual futures markets are relatively neutral, suggesting a balance between bullish and bearish sentiment among derivatives traders.
On-chain data suggests a mixed bag. Long-term holders appear to be accumulating, indicating a belief in Bitcoin's long-term value. However, some short-term profit-taking has also been observed. The funding rates on perpetual futures markets are relatively neutral, suggesting a balance between bullish and bearish sentiment among derivatives traders.