🕵️♂️Early Year Trend Observation: Bitcoin IOR Indicator Reveals Market Trends, Pay Close Attention to These Key Price Levels
At the beginning of 2025, the Bitcoin spot market has shown a positive start, with overall sentiment still leaning towards optimism!
CryptoQuant analyst Axel Adler recently introduced a new index -- Bitcoin Input-Output Ratio (IOR), which may help us better understand the market trends of Bitcoin.
Simply put, IOR looks at which wallets are spending money and which wallets are receiving money. If IOR increases, it may mean that people are selling coins or transferring coins to exchanges; if IOR decreases, it may mean that people are hoarding coins or not moving much. The current IOR is 1.04, close to 1, indicating that the market is basically balanced.
Axel says that while IOR is quite useful, we also need to look at other indicators and market conditions; we can't just rely on this one. The current balanced state may mean that the market could become active again due to some major news at any time.
Speaking of Bitcoin's price, it is currently firmly standing around $98,000, which is good news for the bulls. If it can break through the important psychological level of $100,000, it may trigger a new round of crazy increases. However, if it cannot hold $95,000, it may have to retreat to lower points.
In short, at this critical moment, every movement of Bitcoin may lead to a new direction in the cryptocurrency market. We are waiting to see if the bulls can bring new breakthroughs for Bitcoin in the new year.
💬 What do you think about Bitcoin's upcoming trends? Will it break through the important psychological level of $100,000, or will it continue to oscillate within the current range? Leave your thoughts and opinions in the comments section!
