With Bitcoin hovering around the $90,000 mark and 95% of supply in profit, whispers of a distribution phase are spreading fast. Are we nearing a tipping point where large players take profits, or is this the calm before another storm of growth?
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š” Historical Insights:
Glassnodeās data reveals that "New ATH discovery" phases typically last around 22 days.
šļø Today marks Day 18! Could we be approaching a turning point?
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š What to Watch:
Sell Volume: A surge in large sell-offs could hint at distribution.
Market Sentiment: Is fear creeping in, or is greed still driving?
Institutional Moves: Watch the whalesāare they selling or accumulating?
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š” Why BounceBit?
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š The $BB Token:
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š Two Financial Giants, One Revolution:
As Bitcoin hovers at $90K and CeDeFi rises, the crypto world is entering uncharted territory.
š Tag your friends: Are we in a distribution phase or about to break higher?
š Explore BounceBit to take your financial game to the next level.
š Learn more: @BounceBit
š¢ Letās debate belowāwhatās next for BTC? š
or š? š
