The Calm Before the Bitcoin Market Storm: On-Chain Data Warning of a Selling Frenzy?
Recently, the market performance of Bitcoin has shown a complex situation, prompting many analysts to focus on on-chain data in an attempt to gain insights into the short-term trends of this mainstream cryptocurrency.
From a series of on-chain indicators, activities within exchanges are undergoing significant changes. Specifically, there has been a large outflow of funds from the stablecoin Tether (USDT), while at the same time, the amount of funds flowing into Bitcoin (BTC) exchanges remains at a high level. This asymmetric trend in fund flow may indicate that the market is facing some form of 'imbalance', and the resulting selling pressure could continue to exert downward pull on prices in the short term, triggering further corrections.
As for the next strategic direction, I will guide everyone to target the lucrative opportunities in altcoins, with an expected gain of over 10 times being quite feasible. Like + comment, and I'll help you navigate the entire bull market!
