PANews reported on April 17 that Glassnode analyzed on the X platform last night that on April 14, different investor groups had diverged in their operations on Bitcoin: the 30-day relative strength index (RSI) of first-time buyers rose to 97.9, indicating a large influx of new demand; the RSI of determined buyers dropped to 3.2, meaning that they had almost completely stopped increasing their holdings. Such behavioral divergence often indicates that a local top is about to appear.
Glassnode: BTC first-time buyers are surging, while long-term holders stop adding to their positions
Share to:
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
