CryptoQuant: Bitcoin Rebound is Healthy, Bull Market Trend Established
According to a report by CryptoQuant analyst @avocado_onchain, Bitcoin has recently rebounded without showing signs of overheating, which is seen as a clear signal of a healthy bull market. The analysis indicates that market buying sentiment remains strong, favoring further price increases, suggesting that it is not yet time to consider exiting the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
