📊Market Chart & Data
December 17, 2024
🟢Biggest Gainer Among Top Currencies
BGB:+10.3%
HYPE:+8.1%
CRO:+6.1%
XRP:+4.2%
🔴Biggest Losser Among Top Currencies
HNT:-11%
RAY:-8.3%
ENS:-7.5%
STX:-6.2%
Market Cap:$3.72T(+0.45%)
Gas Eth: 10.62Gwei
Fear & Greed Index:87Extreme Greed

Twitter

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

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?

BTT, the native token that powers the decentralized peer-to-peer (P2P) file-sharing platform BitTorrent, has emerged as the market’s top gainer in the past 24 hours, climbing by 4%.
However, while thi...