Analysis: The short-term demand momentum of BTC continues to weaken, with the active capital indicator dropping by 66.7% from its peak in December last year.
Golden Finance reported that Glassnode released data on X platform, stating that the short-term demand momentum of BTC continues to weaken. A key indicator shows that “hot capital” (capital that re-entered the market within the past 7 days) has dropped significantly by 66.7% from its peak of $96.2 billion on December 12 to $32 billion.
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Analysis: The short-term demand momentum of BTC continues to weaken, with the active capital indicator dropping by 66.7% from its peak in December last year.
Golden Finance reported that Glassnode released data on X platform, stating that the short-term demand momentum of BTC continues to weaken. A key indicator shows that “hot capital” (capital that re-entered the market within the past 7 days) has dropped significantly by 66.7% from its peak of $96.2 billion on December 12 to $32 billion.