Reason to trust
Editorial policy rejection that focuses on precision, relevance and impartiality
Created by experts in the sector and meticulously revised
The highest standards of reporting and publishing
Editorial policy rejection that focuses on precision, relevance and impartiality
Pretium leo et nisl alquam mollis measles. Quisque Arcu Lorem, ultricies quis pellesque nec, ullamcorper eu hate.
Este Artículo También Está available en español.
The recent Bitcoin market movement reflects the upward momentum, even if short -term fluctuations suggest a little cooling. To date, BTC exchanges at $ 103,485, reflecting a slight dive of 0.6% in the last 24 hours and a drop of almost 10% last week.
However, the activity remains just under 5% less than a maximum of $ 109,000 reached in January, continuing to maintain a position close to record levels. This model suggests that Bitcoin could enter a consolidation phase, supported by long -term upward foundations.
In the midst of this price performance, the renewed activity between long -term owners is generating interests on the sustainability of the current price range and on the potential for future volatility.
Reading Reading
Bitcoin Binary CDD reports potential market rotation
The cryptoquate Avocado onchain analyst recently highlighted a key indicator known as Binary Coin Days Destucted (CDD), which helps to evaluate the behavior of Bitcoin for a long right. The binary CDD increases when the older coins are moved after long periods of inactivity, generally a sign of long -term holders that fall on the market or prepare to sell.
Historically, the peaks in the binary CDD coincided with the peaks of the market or the phases in which the distribution increases from the first owners to the new participants in the market. According to Avocado, the application of a 30 -day mobile average to the binary CDD smooths the data and provides a clearer vision of macro trends.
During previous Bitcoin rallies, including at the end of 2021 and during the twin peaks of 2024, the binary CDD climbed beyond the threshold of 0.8. That level historically reported a high movement from long -term owners, often aligning itself with an increase in sales pressure or use behavior.
Currently, the indicator is located close to 0.6 and is going upwards while Bitcoin tries to protest its ups and downs. If the binary CDD it crosses the sign of 0.8 again, it may suggest that another distribution wave is underway.
Monitoring of the behavior of the realization of the profit
What makes binary CDD useful is its ability to reflect potential changes in the market structure. When long -term owners begin to move large volumes of BTC, often marks the beginning of the intake of profits, especially if accompanied by high prices and a strong feeling of the market.
However, the indicator alone does not confirm the Sell-offs; The context, such as the exchange of exchange and the wider trading data, is necessary to fully interpret them.
In a broader sense, the current increase in the binary CDD could indicate Bitcoin that enters a transition phase. Instead of reporting the end of an upward trend, it could indicate that remarkable investors are gradually rotating capital or respond to the action of prices in anticipation of short -term variations.
In a separate market signal, another cryptoquate analyst, Egyhash, highlighted the concerns deriving from the exchange ratio of Stablecoins (USD), a metric that compares Bitcoin reserves with Stablecoin participations on exchanges.
According to Egyhash, this ratio climbed to about 5.3, exceeding the threshold of 5.0, which previously coincided with the distribution phases on the market.
A similar level at the end of January led to a pullback and the current reading suggests that more traders could prepare to sell, possibly by rotating the BTC participations in Stablecoin or Fiat equivalent.
Foreground image created with Dall-E, Tradingview graphic designer