#比特币市场动态# This data is very interesting. Since Bitcoin broke $100,000, long-term holders have begun to sell off in large quantities. This behavior pattern indicates that the market has concerns about overvaluation. Analyzing on-chain data, I noticed that the activity of wallets that have not been used for many years has significantly risen. This may indicate that there will be large fluctuations in the short term. However, in the long run, it is an inevitable process for the market to adapt to the new valuation level. It is recommended to closely monitor capital flows and large holder trading patterns to determine whether $100,000 can become a new support level.

BTC0.92%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)