After the sudden market wave, Bitcoin It appears to have lost its upward momentum as the main asset has decreased sharply to the main support levels, which may affect its price and market dynamics. Although the declining pressure has grown strongly, it has not hindered the growth of activity in the Bitcoin network.
Activity on the Bitcoin series goes wild
The Bitcoin price has a declining performance, but the network activity has shown remarkable growth in the past few days. accident a report From Santiment, it reveals the leading data analysis platform on the chain, that BTC Blockchain flourishes this week, with the improvement of the chain activity.
This new Blockchain energy explosion indicates a strong connection and interest from users. It also reflects the growing bullish condemnation between the long term New playersWhich may appear the beginning of the market period more active.
The following weeks of slow activity, Main standards Like newly active headlines and the distributed coins have increased sharply again. According to Santiment, the last storms in these areas are the highest daily growth in networks and high coin circulation for this year.
The data from the statute shows that more than 556,8830 wallet addresses were created on May 29, which represents its highest level since December 2, 2023. On June 2, Bitcoin has witnessed its largest trading day since December 8, 2024, with 241,360 coins.
Santime highlighted that growth is in BTC network activity on the series Generally positive for the leading assets. Consequently, the platform claims that development is very important to closely monitor with the broader encryption market ranges.
These nails coincided with the downward pressure, causing the BTC to be homes directly $ 105,000 price sign. However, the main asset is now completely this level, which led to the continued current declining trend to the following critical price points.
While the BTC price decreased sharply to less than the level, Ali Martinez, an encryption analyst and the series, Indicate Two main regions at 103,250 dollars and 101,000 dollars work as decisive support areas. Nowadays, Bitcoin fell near $ 103,250, leaving $ 101,000 as a strong support zone to keep it.
BTC VIP investors who show up budget feelings
Although BTC has decreased along with a decline in the market, the bullish feelings began to return between The largest investors. Glassnode, series data and financial platform, I mentioned This shift in the behavior of the great investor, which indicates renewed interest in BTC.
The platform highlighted that the largest investors, those who carry 10,000 BTC and more, return in the game of accumulation after you tend to distribute for a short period. Such an increasing purchasing pressure between these Whale It means institutional confidence in the long -term bitcoin horizons.
The data shows that all portfolio groups show different levels of purchase, with the most powerful activity that was monitored between 10-100 BTC groups and <1 BTC. The degree of accumulation of direction from BTC reveals that this dust has a degree of 1.0, which is the highest possible level.
Distinctive image from Getty Images, Chart from TradingView.com
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