The panic selling during this pullback is still far from enough; the true bottom signal hasn't appeared yet. Keep waiting for increased volume and capitulation.

View Original
CoinNetwork
Biejie News: Bitcoin’s correction still lacks capitulation signals. About 187,000 BTC was realized at a loss over the past 30 days, compared with 400,000 BTC in February, and then reaching 1.2 million BTC after the FTX collapse. Data shows that seller fatigue has not yet set in.
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned