The Bitcoin price continues to decrease, as it has decreased from its highest level ever by $ 109,000. Currently trading less than $ 82,000, the cryptocurrency has seen a 24.6 % decrease.
In the midst of this declining trend, the encrypted shareholder was in Zayhash High Anxious development on Binance that can press Bitcoin.
The hibudian feelings are controlled
Mihash notes that Binance, one of the largest encryption exchanges in the world, is witnessing a steady rise in the main standards that indicate an increase in activity on the sale aspect. According to Mashheh, the moving average is increasing for 7 days for medium currency flows in the pillar, indicating that investors make larger and more frequent deposits.
This height is often preceded by increased sales activity, indicating that more currencies are available in stock exchange books.
In addition, the “Bitcoin: Exchange Deflow (Top10) scale” – an indicator that tracks the size of the total currency of the ten largest flow transactions – levels that were not seen within about a year. This increase indicates that large amounts of bitcoin are transferred to Binance, and perhaps with the intention of selling.
Moyhash also indicates that the Bitcoin reserves are climbing, returning to the levels that were last noted in November of the previous year. The high exchange reserves usually reflect an increase in the platform metal currencies, which can indicate more sales pressure.
Hepbody signals on Binance? The main scales indicate high pressure pressure
“The Bitcoin’s Bitcoin reserves to levels the last time in November of the previous year, which may indicate more sale pressure.” – By egyhashx
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https://t.co/vl4sdixakd pic.twitter.com/y7qb1d4is1
– Cryptoquant.com (Cryptoquant_com) February 28, 2025
More support this opinion is the percentage of buyer/sale/selling, which reveals that sales orders currently outweigh the purchase requests, and draw a landmark of the market.
The accumulation of factors – high flows, the growing stock reserves, and the dominant declining feeling – can indicate that the dignitary bitcoin path may continue.
Study the role of profit and loss of non -investigators (NUPL)
While the pressure on stock exchanges is an important factor, other indicators offer a broader perspective on the total feelings of the market.
Another encrypted analyst, TugBachain, recently discussion The NUPL, which tracks the profits and losses of the unrealized network to determine whether the investors, on average, keep Bitcoin to earn or lose.
According to TugBachain, NUPL is currently sitting less than 0.50 support. Historically, the reading below coincided with this threshold with the stages of Habboudia, while the above recovery can indicate the renewal of the purchase interest.
If the monthly Bitcoin Bitcoin closure exceeds this 0.50 marks, this may indicate a shift towards more optimistic prices, and may encourage their long -term holders to re -enter the market.
A distinctive image created with Dall-E, the tradingView chart
