According to glassnode Negentropic on the social platform, price momentum is recovering after last week's decline, which is the steepest turn to a bear market since the halving in April. To confirm further declines, we need a risk spike - watch how the risk rise aligns with the momentum decline.
Key change: The risk index, which has remained at 0 since September, has jumped to 12. This could be a sign of future volatility. Bitcoin is currently trading between $92,000 and $100,000, but the negative signals emerging are cause for concern.
Glassnode Lianchuang: There has been the steepest bear signal since the halving in April, and the negative signal is worth watching out for
2025-01-14 05:35:15
Glassnode Lianchuang negentropic social flat platform representation price momentum recovery this isdesk3cryptocurrencydesktopCrypto News
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