glassnode Lianchuang: The steepest bearish signal since the halving in April has appeared, and negative signals are worth vigilance
Negentropic, a partner of glassnode, stated on social media that the price momentum is recovering after last week's decline, which is the steepest turn to a bear market signal since the halving in April. In order to confirm further declines, we need a risk surge - observing how the rise in risk aligns with the decline in momentum.
Key changes: The risk index, which has remained at 0 since September, has jumped to 12. This may indicate future volatility. Bitcoin is currently fluctuating between $92,000 and $100,000, but negative signals should be taken seriously.
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
Subscribe to TANSSI Savings and enjoy up to 15% APR
TACUSDT now launched for futures trading and trading bots
VELVETUSDT now launched for futures trading and trading bots
Bitget Spot Bot adds PUMP/USDT
Trending news
MoreCrypto prices
More








