In Q1, supply held by LTHs dipped below the long-term trend, | beforeinvestment på Binance Square

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In Q1, supply held by LTHs dipped below the long-term trend, in part due to dynamics in the ETF market 

#bitcoinupdate2024 #BinanceLaunchpool #buythedip 

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US PPI data release today. Looking forward to the ETH ETF launch!

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Selling Pressure is Over! The German government created panic in the crypto market by selling off its Bitcoin. Despite this, the market absorbed the pressure, and now Germany's Bitcoin wallet is down to 9,094 BTC, just 18% of its original holdings. After a series of transfers to exchanges, the wallet briefly dipped below 5,000 BTC but later regained some funds. With only a few BTC left, the impact of Germany's selling spree is diminishing. #MarketSentimentToday #SOFR_Spike #CPI_BTC_Watch

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Last Major News! The last major news of July, the US Core PPI data, will be released in a few hours. Yesterday, we saw the release of the US Core CPI data. The PPI data could significantly impact the market, so it's crucial to hold your investments until this data is out. Afterward, we have potential good news, like the expected ETH ETF approval and many others. With everything currently in a dip, now is a great time to invest before the next ETH ETF launch. #MarketSentimentToday

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Don't Panic! The German government has resumed its Bitcoin sell-off, moving about 3,100 $BTC worth around $178 million on July 9th. This substantial action could influence market trends, so stay alert and make informed trading decisions! #MarketSentimentToday #BTC_Bounce_Back_to_57k

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