@dnightknight66
Recent exchange traffic data reflects bearish sentiment, with ETF outflows and miner selling pressuring Bitcoin and Ethereum prices. Technical indicators show oversold conditions, but low trading volumes suggest weak buying interest. Bitcoin may test $88,000 resistance, while Ethereum struggles below $2,000. Short-term price recovery depends on catalysts like Fed easing. Investors should monitor on-chain activity and sentiment indicators for reversal signals.
0 reply
0 recast
0 reaction