
Phyrex|Mar 09, 2025 12:52
The second data is also my personal favorite, which is the stock data of the exchange. This data is more about investors' purchasing power and their judgment of the later market. It can be clearly seen that the Bitcoin stock on the exchange has not undergone significant changes in the past month, but has maintained a volatile sentiment.
The fact that the stock has not seen a significant increase indicates that at least so far, there are not many investors ready to sell their BTC. Otherwise, the amount of BTC on the exchange should have shown a trend of accumulation (upward), but in reality, there is currently no accumulation.
On the other hand, the stock of the exchange has not started to decrease significantly like in October. This indicates that investors' purchasing sentiment and purchasing power are not good enough, and they do not have strong expectations for profits after buying.
So this data is somewhat similar to the data of previous unsettled contracts, both of which are investors who are confused about the short-term BTC price trend and are still guessing the possible direction that may occur next.
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink