Short-term Bitcoin Holders Selling at a Loss Has Become a Key Indicator of Market Health
According to a report by Jinse Finance, CryptoQuant stated on the X platform that short-term Bitcoin holders are selling at a loss, and this wave of loss-driven selling has become a key indicator for assessing the market’s health. If the selling pressure can be quickly absorbed, it may replicate the strong rebound seen in previous market resets; if not, it could signal a breakdown in market momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200
Data: AWE rises over 22%, SKY rises over 9%
BNB Chain: Zero-fee transfer promotion for USDC and USD1 extended until December 31
Crypto prices
More
