The trendline I outlined a few days ago held strong on the pullback. Key level to watch
Bitcoin 1D

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Here is the English translation, with <> elements retained as is:

Author: Bitcoin Magazine Pro
Translator: Bai Hua Blockchain

As <Bit>Bitcoin</Bit> now routinely enters the six-figure range, higher prices also seem to be a given. By analyzing key on-chain data, valuable insights can be provided into the basic health of the market. After understanding these indicators, investors can better predict price trends and prepare for potential market peaks or impending corrections.

1. Realized Price
The "Realized Price" indicator combines Coin Days Destroyed (CDD) and <Bit>Bitcoin</Bit> supply to provide a weighted average of the price at which <Bit>Bitcoin</Bit> last moved.

On-chain data update: Where are we in the Bitcoin cycle?

As the market falls, how do top traders view the outlook?

In the past week, the cryptocurrency market has seen many notable events. The Allinstation team and I will review the hottest Crypto news from the past week! Hot Crypto news...

Hottest Crypto News of the Week 16-22/12: Bitcoin Price Plunges After Fed Rate News; Binance Lists Many Altcoins; US Government Faces Shutdown; MicroStrategy Continues to Buy More Bitcoin