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
Limitless: Completed the third $50,000 LMTS token buyback
Flashbots Strategy Director Hasu: 90% of crypto projects should not issue tokens

Analysis: Bitcoin's next key support level is $88,500, with structural selling pressure dominating the market