加密市场观察

Expand Yesterday and the day before, whale addresses saw net inflows, but this was largely insignificant. Why? The volume was insufficient. Unless a net inflow of several thousand units occurs by the end of today, if the volume remains in the hundreds or thousands, the price will definitely continue to fall. Even with a net inflow of several thousand units, the price will still likely retrace and test lower levels, rather than immediately rise. Furthermore, last Thursday and Friday, when the price was still fluctuating at a high level, between 94,000 and 96,000, whale addresses began distributing and selling. Although it was only less than 4,000 units, this action directly determined the subsequent continuous decline. Moreover, last week, with the price at a relatively high level, the net inflow was only 2,456 units. This is significantly less than the more than 10,000 units net inflow per week in the previous two weeks. Coupled with two days of substantial selling, a decline is indeed understandable. Of course, this is somewhat hindsight, which I admit. The data wasn't updated daily. Therefore, prices will likely continue to fall. We'll wait until a significant net inflow appears and persists for a short period before we can all take our positions and follow the major funds to pick up some scraps. #GoldAndSilverPricesHitNewHighs #CryptoMarketWatch #StrategyIncreasesBitcoinHoldings