CryptoQuant Analyst: The Influence of New Bitcoin Investors Is Growing
BlockBeats News, July 31 — CryptoQuant analyst Axel stated, "The influence of new investors continues to strengthen, but there is still room before reaching extreme levels. This suggests that the market still has upside potential, and the bull market momentum is likely to continue until it enters the typical frenzy range (above 60-70%)."
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
Yesterday, the net inflow of US spot Ethereum ETFs was $76.6 million.
Yesterday, the net inflow of US SOL spot ETFs was $5.3 million.
Ethereum supporter Anthony Sassano: Ethereum gas limit may increase by 3-5 times next year
Pandora Ethereum ETF to be listed on the Hong Kong Stock Exchange on December 3
