📊 Liquidity Shift Towards Bitcoin – What Does It Mean?
Data indicates that liquidity has started to return strongly to #Bitcoin, recording the highest buying rate among cryptocurrencies, followed by USDT.
What Lies Behind the Numbers?
With the Bitcoin dominance index rising again in recent days, it seems that Ethereum investors have begun to take profits and convert them into Bitcoin and stablecoins as a precautionary step against any upcoming correction.
• The Bitcoin dominance index is still in an upward trend on a general scale.
• Average buying price for short-term wallets: $94,400
And stabilizing the price above this level is a positive signal for the continuation of the upward trend.
What About Ethereum?
The strongest support currently lies at $2,250 – and any movement above it is considered within the positive range.
Conclusion:
As long as prices stay above these levels…
The market remains positive.
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