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🔥Glassnode: Quantitative model triggers bullish signal, Bitcoin momentum 1, risk 0
April 24, Glassnode released an analysis stating that its Vector quantitative model has triggered a clear upward signal. The current momentum indicator is 1, and the risk index is 0, historically indicating that a significant rally is imminent. The Vector model measures trend strength through momentum, and the risk index assesses market overheating; currently, Bitcoin is in a strong upward phase with no correction risk.
#btc