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Market Selling Pressure: A Closer Look

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  • 2024-02-24 10:18:25
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How about the selling pressure on the market now? ? ?To be honest, it is very small. Judging from the transfer volume of BTC in the past week, generally more people have been transferred to the market. The stock is also at an extremely low level in three months. The potential selling power is indeed limited. However, the purchasing power has also left the market in the past week. This means that both selling pressure and purchasing power are decreasing, but overall demand is still stronger than supply.However, we need to note that supply shortage is not a good thing. Because the demand cannot be purchased above for a long time, it is either a more aggressive upward purchase or a downward purchase. To buy upward, stronger purchasing power is needed to promote it, and the current stock is extremely low, and it is very likely that it will gradually increase in the future. Entering the scene.Now it depends on purchasing power and selling pressure, which one comes first? We need to pay special attention to on-chain data in the near future!Market Selling Pressure: A Closer Look

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