In #bitcoin ’s journey to a new high, Binance data shows a calm and steady movement, unlike the sudden increases seen in previous rallies.

Throughout Bitcoin’s history of setting new highs, there have been sharp increases in trading volumes and funding rates on the #Binance exchange, followed by price corrections due to overheating. This cycle has repeated itself twice recently. However, this time the situation seems different: although Bitcoin is on the rise again after the last correction, there is no overheating in funding rates and buying volumes on Binance are trending downward.

While some investors interpret this as a weakness in market momentum, experts think the opposite. CryptoQuant analyst @avocado_onchain says that the current movements indicate a healthier rally. According to him, while the sudden overheating experienced in previous rallies brought long and tiring corrections, many investors left the market during this process. The current controlled rise shows that the market is still cautious and balanced.

The long-term trend is still positive Despite the short-term movements, there has been a steady upward trend in market purchase volumes since 2023. This shows that buyers are still strong and the rise in Bitcoin prices can be sustained. Therefore, according to current indicators, it is still early to exit the market. Analysts note that positive data continues to support Bitcoin's movement towards a new high.

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