cryptd.in

另类 LinkedIn 适合加密人才

Long-Term Bitcoin Holders ‘Pumping Sell-Side Brakes’ as Consolidation Continues: Analyst

-

由

于

“One of the biggest misconceptions in Bitcoin is that HODLers never sell,” said on-chain analyst James Check on X on Dec. 3. However, they do sell, and they’re currently keeping prices from moving higher, he added.

Bitcoin has been range bound, oscillating around $95,0000 since Nov. 20, two weeks ago. It has failed to register a new all-time high but remains in price discovery as long-term holders are “pumping the sell-side brakes,” said Check.

Pumping The Bitcoin Brakes

Right now, markets are approximately six times off the FTX cycle low, “and the market has hit resistance, chopped around, and corrected from similar levels in both of the prior cycles,” he added in a newsletter on Dec. 2. However, it has still powered onward to massively higher highs.

The analyst compared the market to a car, with demand being the accelerator and sell-side pressure being the brakes. The demand is “pedal to the metal,” with Michael Saylor and the spot Bitcoin ETFs hammering the buy-side, he said before adding:

“If the Long-Term Holders are pumping the sell-side brakes at an equal magnitude, the car isn’t going anywhere.”

Following a parabolic monthly candle of $26,000 in November to the psychological $100,000 barrier, a period of consolidation where the asset can build market structure is a healthy phase.

On-chain analysis platform Glassnode concurred, reporting that daily realized profits to exchanges have cooled off significantly, representing a 42% drop from the peak in mid-November.

“This sharp decline signals reduced profit-taking activity, suggesting the market has entered a consolidation phase.”

比特币 dipped to $93,700 on Dec. 3 as political tensions in South Korea escalated but regained $96,000 during the Wednesday morning Asian trading session, keeping it within its sideways channel.

Analyst ‘Rekt Capital’ reported that BTC continues to retest the series of lower highs as support, adding that as long as this continues, the asset should be able to reclaim the ~$96,400 support area, which was touched a couple of hours ago.

Elsewhere on Crypto Markets

Total capitalization is at an all-time high of $3.67 trillion, and altcoins are driving it there at the moment.

Today’s big movers are Binance Coin (BNB), which gained 15% to hit an all-time high of $771, and Tron (TRX), which surged a whopping 68% to an all-time high of $0.43 during early trading on Dec. 4.

职位 Long-Term Bitcoin Holders ‘Pumping Sell-Side Brakes’ as Consolidation Continues: Analyst 首次出现在 加密土豆.

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français 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

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。