đBitcoin reserves decrease, stablecoin reserves increase, is the market ready for a new round of rebound?
CryptoQuant analyst Tarek On-Chain pointed out that Bitcoin reserves on exchanges have decreased significantly, which usually heralds the arrival of a price rebound. At the same time, exchangesâ stablecoin reserves are increasing, showing investorsâ strong willingness to enter the market.
This supply-demand imbalance could set the stage for higher prices. Do you think the market will usher in a new round of bull market? Letâs talk about your views in the comment area! đ
