CryptoQuant: Bitcoin's eat order ratio hits a 7-year low, may face short-term selling pressure
ChainCatcher news, according to the latest report from the on-chain data analysis platform CryptoQuant, the 30-day moving average buy/sell ratio of Bitcoin has fallen to its lowest level since May 2018.
Analyst CryptoOnchain warns that the significant decline in this indicator suggests that the Bitcoin market may face substantial selling pressure in the short term.
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