Phyrex
Phyrex|Apr 24, 2025 20:08
The US stock market rebounded significantly by over 2% due to easing tariffs and reduced political uncertainty, but BTC failed to rise in sync and entered a narrow range of fluctuations, indicating a weakening of its linkage with the US stock market. On chain data shows that despite a slight correction in BTC, overall market sentiment remains stable, turnover rates have decreased, short-term bottom fishing funds have begun to exit, and early and loss making holders are choosing to wait and see. The focus of price support is also changing, with the $83000 line gradually losing ground and the holdings in the $93000 to $98000 range increasing, indicating an increased willingness of medium - and long-term investors to hold the currency. Overall, BTC has returned to the dense chip adsorption zone on the chain, and its future trend will depend on whether this range is stable. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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