Bitcoin 10x stain volume rises, however traders should be careful – why? star-news.press/wp

• Bitcoin dominated Binance 10x, but the exchange of flows indicates the short -term sale pressure.
• The growth of the BTC network and the inventory ratio decreased to the flow, which weakened the demand for long -term and the narration of scarcity.

The Bitcoin (BTC) spot rose on Binance, which is almost equal to the common total across all other stock exchanges.

In fact, the dominance of Beans per Joao Wedson, Founder and CEO of Alphractal.

This severe defect highlights a growing focus of market activity, but it is interesting that BTC continued trading about 102.6 thousand dollars, at the time of the press, indicating little follow -up so far on the price interface.

Historically, similar transformations in immediate size have preceded price pools, but relying on one place offers risks. Therefore, it remains to see whether this dominance can support the upcoming upcoming Bitcoin step.

Source: Cryptoquant

Is this a warning sign of increasing the pressure pressure?

Bitcoin Netflow exchanged slightly positively, as 5.9 kb BTC flows to a central exchange on June 22.

This contradicts the budget reading of the size. Positive Netflow often indicates the intention of sale, especially in volatile conditions.

If the flows continue in the external flows, BTC may face short -term pressure, even if the trade activity on Binance remains high.

Source: Cryptoquant

Do you lose BTC Sths confidence?

Hoopl waves (1D to 7D) decreased to 3.548 %, sharply decreased from 8.1 % reading in June. The measurement is tracked by new buyers.

Its decline means that these bearers have achieved profits or a decrease in exposure, which indicates the cooling attention after the price increased.

Their exit indicates a decrease in condemnation in the near term, especially after BTC rejected near 105 thousand dollars.

Unless the new capital is entered, bitcoin can be struggled to restore the bullish momentum.

Source: Santime

Where are the new users?

The growth of the Bitcoin network has decreased to 60.4 km, which represents one of the lowest points in recent months. This scale tracks the number of new addresses, and its sharp decline indicates a decrease in the user on board.

These drops often indicate a decrease in interest in the participation of the organic network. Although trading volumes are still strong, the basic adoption seems fragile.

Unless the network activity is recovered, the price of the price may falter in the long run. Historically, the health network growth had increased the operation of sustainable bull.

Source: Santime

Does this weaken the BTC Nidara’s novel?

The inventory ratio to the flow decreased by 14.28 % to 908.89K, indicating reducing scarcity. This model connects the price growth with a decrease in the BTC version.

The low percentage indicates a decrease in pressure from limited supply, which may inhibit the long -term ups in the long term. While this scale is not immediate in its effect, it carries a weight in the formation of market psychology.

Source: Cryptoquant

The size of the banks rises, but the market remains cautious

The size of the growing spot in Binance indicates confidence, but the broader scales draw a mixed image. Flows to exchanges, cooling a short -term activity, declining network growth, and the scarcity of falling weakens the upper view.

Therefore, unless the new demand is recovered and the user’s dependence soon, Binance’s dominance may not be sufficient to maintain the upscale momentum.