Mars Finance News: On April 24, glassnode reported that ETF fund inflows surged to $1.54 billion, with Bitcoin temporarily rising above the Short-Term Holder (STH) cost basis. Nearly 5% of the supply changed hands, short positions increased, and some short-term holders took profits. This was a critical retest, but the strong support above $92,900 remains unconfirmed, and the market has not yet fully confirmed a shift to a bullish area.
Glassnode: Some short-term Bitcoin holders have taken profits, and it has not yet been confirmed that the market has fully turned to the bullish zone
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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