According to Ki Young Ju, founder of blockchain analysis firm CryptoQuant, the recent decrease in Bitcoin's price fluctuations indicates a low level of excitement in the market. This falling volatility may indicate that the market is maturing; Although it may not be attractive to short-term traders, it may offer a more stable environment for long-term investors. According to CoinGecko data, Bitcoin price has fallen by 7.2% in the last 30 days and is currently trading just above $62,600.
Market Liquidity and Trading Activity
CryptoQuant data reveals that activity in the Bitcoin market by both buyers and sellers has slowed. Decreasing market activity may indicate that investors are hedging their positions in anticipation of decisive price movements and are experiencing a period of consolidation. Ki Young Ju also states that the liquidity required for investors to easily convert their positions into liquidity is not "ready" at the moment, and that the market has generally stalled.
External Factors Affecting Bitcoin
Recently, market pressure on Bitcoin has increased further with miners' sell-offs and financial regulations from the German government. However, CryptoQuant data shows that miners' sales to exchanges have decreased and coins that previously had difficulty finding buyers are slowly starting to find buyers. This change may indicate that the market is experiencing significant selling pressure and is moving towards potential stability.
Long-Term Investment Perspective
Current market conditions may offer a lucrative entry point for long-term Bitcoin investors, especially large-scale investors known as “whales.” Ki Young Ju thinks that now is the optimal time for these assets to accumulate Bitcoin, noting that the ongoing bull cycle remains intact, despite the current pause. His “boringness is opportunity” assessment highlights the potential for patient investors to benefit from future price increases.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET THE CONFIRMATION I SAID ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
