According to Foresight News , CryptoQuant analyst MorenoDV stated that the Bitcoin market is experiencing a divergence between rising optimism and declining demand. This typically reflects late-stage speculative behavior: traders become optimistic after a price rebound, increasing long positions, but actual capital participation fails to expand.
Analysis: A dangerous divergence is emerging in the Bitcoin market: rising optimism coupled with declining demand.
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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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