Network activity has been gradually declining for six months. A similar situation occurred in 2024, when the asset experienced a 30% correction.
Investor interest is declining as the asset is declining, with most simply holding on to losses. Given the potential for a correction, there's no incentive to average out.
Small Bitcoin holders, meanwhile, are wary of buying the asset, fearing it could fall further, and therefore are also inactive.
Most of them will resort to a long-term holding strategy and simply observe the market, so this indicator can be considered partially neutral. #btc #usdt #ltc #sol #gold $ETH $GT $XRP
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
1
1
Share
Comment
0/400
deltapro
· 13h ago
#BTC @ $63200, #ETH @ $1830
Index of fear and greed - 9
Alto season index - 33
Market capitalization - $2.17 trillion.
Thoughts on coins
📉 Short applicants:
—SKR
-ESP
📈 Long candidates:
—ETH
— HYPE
Bitcoin network activity continues to decline.
Network activity has been gradually declining for six months. A similar situation occurred in 2024, when the asset experienced a 30% correction.
Investor interest is declining as the asset is declining, with most simply holding on to losses. Given the potential for a correction, there's no incentive to average out.
Small Bitcoin holders, meanwhile, are wary of buying the asset, fearing it could fall further, and therefore are also inactive.
Most of them will resort to a long-term holding strategy and simply observe the market, so this indicator can be considered partially neutral.
#btc #usdt #ltc #sol #gold $ETH $GT $XRP