Analysis: First-time Bitcoin buyer activity was strong in April, and market FOMO sentiment is still rising

PANews reported on April 23 that on-chain analysis company Glassnode published an analysis on the X platform, saying that its Bitcoin supply map shows that sellers who bought Bitcoin for the first time in April have strong activity: the relative strength index (RSI) remained above 50 for the entire month, reached 100 last week, and remained at a high of 80 today. This shows that even if prices rise, the "fear of missing out" (FOMO) sentiment in the market is still rising, and new funds are pouring in.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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