Good morning everyone! Market analysis! Thank you all for your support!

View Original
Subscribers Only
Subscribe now to view exclusive content
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.
  • Reward
  • 44
  • Share
Comment
0/400
AuspiciousSnowHeraldsvip
· 07-24 05:12
Post a message
View OriginalReply1
Don_tWorry,Don_tWorryvip
· 07-24 04:55
Sister Xue, is the market maker in a fluctuation or a pullback?
View OriginalReply0
View More
AuspiciousSnowHeraldsvip
· 07-24 04:49
Selected Analysts: Long-term holders are massively transferring Bitcoin to the market for sale, a behavior that will only slow down its pump.
According to financial reports, Cryptoquant analyst Axel Adler Jr released a market analysis indicating that the current market has observed an abnormally high monthly capital destruction rate (CDD)/annual capital destruction rate (CDD) ratio, with a value of 0.25. This mainly occurs when the price of Bitcoin is in the range of $106,000 to $118,000, and this ratio is comparable to the historical high in 2014 and the levels during the correction period in 2019.
This means that those long-term holders (LTH), investors who have kept their Bitcoin dormant for years, are massively transferring their Bitcoin to the market for sale. This surge in CDD indicates that experienced market participants are actively engaging in distribution behavior.
However, at the same time, treasury demand and Bitcoin ETF inflows remain high. Therefore, although long-term holders are selling, this distribution behavior is unlikely to completely halt the current rise and will only slightly slow down its pump.
View OriginalReply0
AuspiciousSnowHeraldsvip
· 07-24 02:51
Ether has also strengthened somewhat.
View OriginalReply0
View More
AuspiciousSnowHeraldsvip
· 07-24 02:28
If the options support level withstands the tariff period, it will be hard to fall below it later, because the crypto world is very afraid of the tariffs. Once the tariffs are over, the options support level will be hard to break through. In other words, it's hard to say that tariffs are not good.
View OriginalReply0
AuspiciousSnowHeraldsvip
· 07-24 02:06
The market maker funds surged to 119,000 and it feels like there's a bit of a pullback... still oscillating back and forth.
View OriginalReply0
AuspiciousSnowHeraldsvip
· 07-24 02:01
Best results, favourable information from the EU, rise today and tomorrow, prevent the fall of tariffs again on Saturday.
View OriginalReply0
AuspiciousSnowHeraldsvip
· 07-24 01:59
The EU shouldn't dare to oppose Trump, but the situation between China and the US might be different.
View OriginalReply0
AuspiciousSnowHeraldsvip
· 07-24 01:57
If there is favourable information about China-US tariffs next week, that will be the focus.
View OriginalReply0
View More
AuspiciousSnowHeraldsvip
· 07-24 01:56
The market maker feels that maintaining 119000 is going to lead to volatility.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)