Short-Term Holders are showing less interest in accumulation, as they prefer opening leveraged Long positions in pursuit of easy money! The 90-day delta of Short-Term Holder Supply is showing signs of weakness, while the market has seen more Long liquidations over the past 30 days! In other words, less confidence in the Spot and On-Chain markets, and a growing appetite for leverage. Bitcoin is not the problem. Human behavior is. The pursuit of quick profits often ends up turning into losses!
Joao WedsonShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.