Bearish na babala habang nagpapatuloy ang sell-side pressure sa kabila ng pagtaas ng Bitcoin – ipinapakita ng on-chain na data
Bitcoin Bearish na babala habang nagpapatuloy ang sell-side pressure sa kabila ng pagtaas ng Bitcoin – ipinapakita ng on-chain na data 12 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Bitcoin clawed its way over $27,000 on Sep. 18 after struggling to reclaim its tight summer trading range for most of the month. Although every price uptick brings a breath of optimism to the industry, on-chain data still suggests a dominant sell-side regime on the market. Buy-side and sell-side exchange inflows are critical in shedding light on this market sentiment. These inflows offer a tangible way to gauge capital shifts based on preferences concerning exchange volumes. Specifically, the assumption lies in treating Bitcoin (BTC) and Ethereum (ETH) inflows, when denominated in USD, as indicative of sell-side pressure. Conversely, inflows of stablecoins are seen as representative of buy-side pressure. The metric offsets the BTC/ETH sell-side volumes against stablecoin buy-side volumes, giving an overarching view of exchange inflows. Essentially, values hovering around zero suggest a market equilibrium. Positive values signify a buy-side dominance, while negative ones point to a sell-side dominance. However, it‘s important to note that this metric is based on the premise that BTC and ETH are deposited to exchanges to be sold, and stablecoins are deposited to