CryptoQuant analyst: Bitcoin cross-exchange flow related indicators turn bearish, indicating that market risk preference is declining
ChainCatcher reports, according to Cointelegraph, J. A. Maartunn, a contributor at cryptocurrency data analysis platform CryptoQuant, stated that the "Bitcoin Inter-exchange Flow Pulse" indicator is turning bearish. This suggests that market risk preference is declining and could signal the start of a bearish phase.
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
A long position in MON worth $6.5 million was fully liquidated.
ViaBTC donates approximately 3 million HKD to support Tai Po fire relief and community reconstruction in Hong Kong
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
Trending news
MoreCrypto prices
More
