🚀🚀No Selling Pressure Seen in Altcoins: Inflows to Exchanges Currently Calm! 🚀🚀

No Selling Pressure Signals Observed in Altcoins

While fluctuations continue in the altcoin market, there has been no significant change in the transfer behavior of investors towards exchanges. This indicates that, despite the current price movements, selling pressure remains weak.

According to current data shared by crypto analyst Julio Moreno, no significant increase has been observed in the transfers of altcoins to crypto exchanges in the last 7 days. In contrast, in previous periods, there were notable spikes in transfers to exchanges just before altcoins reached their local peaks — which typically heralded an impending wave of selling.

Investors Currently on Hold

Despite the high volatility in the market, the preference of investors not to transfer their assets to exchanges suggests that the bullish expectation remains alive. The fact that investors intending to sell have not yet taken action stands out as a critical indicator in determining the market's direction.

Exchange Transfers: Should Be Monitored Closely

Looking at historical data, intense altcoin transfers to exchanges usually lead to sharp corrections in the short term. Therefore, it is important for investors to closely monitor exchange movements, especially during periods of concentrated large transfers.

If sudden increases in exchange inflows are observed in the coming days, this may indicate that selling pressure could rapidly increase and prices could retract.

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