watch
Bitcoin Retail Demand Still Lacking Euphoria Despite Slight Decline
CryptoQuant analyst Caueconomy reported that in the past 30 days, retail demand for Bitcoin with on-chain transaction volumes under $100,000 has decreased by approximately 2.45%. This decline indicates that small investors have not yet entered a state of market euphoria. Although these investors might be utilizing other investment vehicles such as ETFs and Bitcoin financial companies, the on-chain capital structure normally reacts quickly to such flows. Currently, there are no signs of structural market euphoria.
Source available for registered users Sign Up Free
AI Analysis
CryptoQuant's analysis highlights a modest decrease in retail demand for Bitcoin, signaling that the recent market activity hasn't sparked widespread enthusiasm among small investors. The decline of 2...
AI Recommendation
Considering the current data, it is advisable to maintain a cautious stance toward Bitcoin. The absence of retail enthusiasm suggests that the market may not be at a peak, but it also indicates stabil...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
comment
weak buy