Glassnode: Bitcoin is still adapting to the new price range, and its long-term holders are not active
ChainCatcher message, Glassnode tweeted that Bitcoin is still adapting to the new price range, and the liquidity conditions in both the on-chain and contract markets are also contracting. Long-term Bitcoin holders are not active, further reinforcing the market weakness and the sideways price movement.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags