クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

Bitcoin Bulls Show Signs Of Exhaustion Around $78,000 — What’s Next?

-

によって

クリプトドットイン
で

Bitcoin had a modest start to May, with the flagship cryptocurrency rising as much as 3.5% on Friday. As of this writing, the premier cryptocurrency trades near $78,400, barely moving over the past day. Interestingly, a market pundit has explained how a perceived shift in Bitcoin’s investor behavior could be a major influence on the cryptocurrency’s inertia.

Buying Power On Binance Fades After Bitcoin Rally

Crazzyblockk, in a QuickTake post on the CryptoQuant platform, highlighted a dynamic shift among Bitcoin investors over the past few days. The relevant indicator cited here is the Binance Stablecoin Netflow (USD) metric.

For context, the metric tracks the net amount of stablecoins entering or leaving Binance, thereby indicating whether buying power is accumulating (inflows) or being withdrawn (outflows) from the exchange.

According to Crazzyblockk, Binance (the world’s leading exchange by trading volume) had, on a daily basis, recorded significant amounts in net inflows from 14th to 22nd April. During this period, Binance saw daily inflows of $548 million to $1.14 billion in fresh stablecoins.

Interestingly, this consistent stream of inflows corresponded with Bitcoin’s recovery from $74,000 to $78,000. The crypto expert noted that this is a sign of “textbook buying power accumulation on Binance.” 

However, this stream of stablecoin inflows appears to have come to an end—an event that could, in turn, cause the rally to progressively lose strength. This could, by extension, be a sign of potential sentiment shift, as bearish pressure could quickly kick in at major resistance levels (as is currently the case).

Binance Records $1.54-$1.78B In Outflows Per Day Since April 28

On the flipside, investors did not merely hold off on their liquidity; they may also be showing signs of a sentiment shift. Starting April 28, Binance has seen five consecutive days of stablecoin outflows, ranging from $1.54 billion to $1.78 billion each day.   

According to Crazzyblockk, a similarly heavy stablecoin sell-off has not been seen in the Bitcoin market since January 26. The last time it happened, daily outflows reached $3.2 billion, while the market leader traded near $89,500.

Notably, that period was followed by a roughly 15% decline in BTC’s price before it eventually stabilized around $76,000. Crazzyblockk further explained that this is due to a simple mechanism that repeats itself on a smaller scale: “stablecoin reserves built up, fueled a rally, then drained as the cycle exhausted itself.”

Hence, if the stablecoin netflows on Binance fail to transition back into the ‘inflows’ side, Bitcoin could be facing significant downside risk. To alleviate this risk, Crazzyblockk explained that fresh capital, in the form of stablecoins, would need to re-enter exchanges, especially Binance. 

ビットコイン

コメント

コメントを残す

メールアドレスが公開されることはありません。 ※ が付いている欄は必須項目です

最新フィード

人気カテゴリー

ja 日本語
ja 日本語 en_US English ro_RO Română et Eesti ko_KR 한국어 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (438) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty（暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (73) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (69) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (6) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress（米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク