Amid widespread unrealized losses, the market’s range between $60k, $70k depends on renewed #Accumulation. The breakout direction will hinge on fresh #Demand from new buyers. Since Feb 5, the #AccumulationTrendScore has stayed below 0.5, signaling weak buying pressure, especially from large holders. This lack of strong #Conviction suggests that without sustained #WhaleAccumulation, the risk of further #Downside remains before a durable bottom forms. #crypto

post-image
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
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)