According to ChainCatcher, the latest data from glassnode shows that first-time buyers and momentum buyers in the Bitcoin market continue to maintain strong participation, while profit-taking activities remain at a moderate level. This supply and demand structure supports the sustainability of the recent Bitcoin rebound.
Meanwhile, Ethereum has seen a significant increase in first-time buyers for the first time since February, with momentum buyer activity also rising over the past 7 days. However, profit-takers have simultaneously become more active, which explains the recent ststagnation of ethereum p>>Market out large wallets arearding, has coonewF capital inflows have slowed down and,flows have not reached the uplevels during previous upturns, suggesting that new capital is taking a cautious approach or is in a wait-and-see state.
