With the general encryption market that suffers from a declining performance, BitcoinThe dynamics of the market and the feeling turn towards the negative side, which hinders price movements. In the wake of the hidden market offers, investors are skeptical in BTC prospects where assets face a decrease in new investors.
A significant decrease in new bitcoin addresses
The encryption market is also struggling with fluctuations, experienced technical expert and investor Ali Martinez It was identified A disturbing transformation between bitcoin investors. In the past few weeks, BTC prices She was heading in a hole, causing investors a cautious approach.
Specifically, the number of new BTC addresses has seen a sharp decrease, which hindered the growth of the network. This slowdown in Adoption It raises concerns about BTC’s ability to attract fresh capital and maintain a wider dependence in the short term.
According to Ali Martinez, the monthly average of the new Bitcoin addresses decreased to less than the annual average, indicating a decrease in its activity on the series. He also highlighted that this trend is often linked to the decrease in the use of the network and the weakness of the network.
Other factors that can contribute to decline are the fluctuation of market conditions and the confidence of investors in the future performance of BTC as shown among short -term holders. BTC holders in the short term It seems that some of their property has sold because of the hanging price movements.
Technical analyst on the series and technology Darkfost I mentioned Their bearers in the short term achieved great losses in one day. The expert revealed the development after investigating the Bitcoin holder in the short term P&L to exchange in the time frame for one day.
With these bearers seeing great losses, this means that many of the coins that have been purchased in the past few months are being sold at a confusion. These short -term investors still feel the pressure of bitcoin landing, which leads to the sale of panic.
Darkfost stated that these investors may be the panic of some metal currencies in response to the recent news about Beit penetration During the weekend, which was shocked in the entire encryption sector. However, it claims that the short -term surrender events usually indicate a local bottom.
The accumulation of small BTC addresses decreases
Modern volatile periods It also sparked a negative trend between the headlines with less than 1 BTC, and is often considered young investors or shrimp addresses. Axel Adler Junior, Macro Researcher open A noticeable decrease in accumulation between these young investors.
This decrease reflects a noticeable shift in the feelings and behavior of the retail investor because they are cautious about bitcoin. usually, Retail investors The accumulation of coins through the bull markets, but this is not the case now.
In essence, these signals fade attention and confidence between these investors. It also means that BTC investors or long -term BTC are leading the recent moves on the market.
Distinctive image from Unsplash, Chart from TradingView.com
