Quick market analysis!
While everyone talks about prices, we look at the on-chain data:
The transaction volume of Bitcoin continues to rise 📈, showing strength in the current movement. Additionally, BTC reserves on exchanges fell by 3% in the last 24 hours, a sign that holders prefer to keep it in cold storage and not sell. Total bullish!
Regarding Ethereum, the average gas fee dropped by 12%, which could revive DeFi these days.
What do you all think?
Is another bullish push coming or are we in a breather zone? 🚀🔥
#bitcoin #Ethereum #OnChainData #CryptoNews🔒📰🚫 #BinanceSquare