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On-chain_News
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比特币价格经历了大幅下跌,在 12 天的时间里从 66,500 美元跌至 58,900 美元,跌幅达 11%。此次下跌伴随着大量多头清算。值得注意的是,10 月 1 日,多头清算额为 2.39 亿美元,10 月 9 日至 10 日,多头清算额达到 2.9 亿美元。这是自 2022 年 6 月以来最大的多头清算总额,跨越 28 个月。尽管目前低迷,但市场基本面仍然强劲,这种调整是自然市场周期的一部分,为长期投资者提供了潜在的买入机会。
免责声明:含第三方意见,不构成财务建议,并且可能包含赞助内容。
详见《条款和条件》。
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Coinbase Premium Index Update: The Coinbase Premium Index, which reflects the sentiment of U.S. traders, has recently shown signs of moving into positive territory. This shift may indicate renewed interest in Bitcoin on the platform. Historically, a sustained positive index has sometimes aligned with upward price momentum, as increased demand from U.S. investors can enhance global market confidence. However, it is essential to consider other indicators, such as trading volumes and on-chain data, to obtain a comprehensive market view. While a positive trend in the index is a bullish signal, investors should remain vigilant to other market factors that could swiftly alter sentiment.
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Stablecoin data suggests the crypto market is experiencing a bull cycle correction rather than entering a bear market. The stablecoin market cap has reached a new all-time high, indicating ongoing liquidity inflow. Historically, declining stablecoin market caps have signaled bear markets, but current trends show positive growth over the last 60 days. Additionally, stablecoin inflows to exchanges have increased, reflecting investor confidence and preparation for potential buying. While stablecoin growth supports a bullish outlook, economic and policy uncertainties may influence market dynamics.
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Recent blockchain data reveals significant Ethereum outflows, indicating potential shifts in market dynamics. Firstly, such outflows may suggest reduced selling pressure as traders transfer ETH to cold storage or DeFi platforms, reflecting a strategic move towards long-term holding. Secondly, this trend could imply deleveraging, with traders closing derivative positions in anticipation of further price volatility. Additionally, large outflows often signal accumulation by institutions or major investors, hinting at a bullish sentiment. If accompanied by increased spot demand or ETF inflows, this could reinforce a supply squeeze narrative, potentially driving prices upward.
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Bitcoin's exchange netflow chart reveals a significant trend, with the 90-day moving average indicating the highest Bitcoin outflow from exchanges since January 2023. This period coincided with Bitcoin reaching its lowest price in the current cycle. The substantial outflow suggests a potential re-accumulation phase, as investors might be withdrawing Bitcoin from exchanges to hold in personal wallets, anticipating future price appreciation. This trend reflects a positive market sentiment and could signal increased confidence in Bitcoin's long-term value, aligning with optimistic market forecasts.
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The recent movement in the 30-day EMA of the Coinbase Premium Index, which is attempting to cross above the 100-day EMA, suggests a potential increase in institutional and whale activity in Bitcoin accumulation. Historically, such crossovers have been precursors to Bitcoin price surges, indicating a possible continuation of the current bull market. The rising Coinbase Premium Index is a strong indicator of increased institutional buying pressure. Past trends have shown that when this indicator rises, Bitcoin bull markets tend to persist, suggesting a high likelihood of an ongoing accumulation phase. If the premium continues its upward trajectory, Bitcoin's price could experience further gains, potentially sustaining the current bullish momentum. This makes it a crucial period to closely monitor Bitcoin's market dynamics.
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