Glassnode: Bitcoin is still adapting to the new price range, and its long-term holders are not active
Foresight News reports that Glassnode tweeted, stating that Bitcoin is still adapting to the new price range, and liquidity conditions in the on-chain and contract markets are also shrinking. Long-term Bitcoin holders are not active, further strengthening the market's sluggishness and sideways price trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lily Liu: "Enterprise chains" are killing the crypto soul, we should reclaim the native crypto spirit
Bitunix Analyst: Whale Sell-Off Accelerates, Not Panic Yet but Liquidity Gap Poses Risk
Public Chain Activity Ranking for the Past 7 Days: Solana Remains Firmly at the Top
Trending news
MoreCrypto prices
More
