CryptoQuant: BTC hits new high, but data shows caution is needed

This article is machine translated
Show original

According to ChainCatcher, CryptoQuant analyst Crazzyblock suggests that as retail investors chase new highs, whales are preparing to sell on Binance. "Although the new Bitcoin all-time high is exciting, the data indicates the need for caution. Smart money is flowing, and their actions often precede major market shifts."

Source
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.
Like
Add to Favorites
Comments