We may soon see a short-term rally today, with some altcoins currently outperforming Bitcoin.
In particular, as you can see from the data chart above, $SOL and $ETH are much stronger than $BTC . The concentration of short positions in BTC continues to rise, whales have closed their long positions, and there have been some liquidations.
SOL or ETH is showing some bullish divergence on the holder concentration data, and while the overall momentum is currently turning bearish, I believe we will see some price rebound soon.
You can continue to pay attention to the data performance! 📊
Data source:blave.org
