According to Foresight News, Glassnode data shows that Bitcoin’s Liveliness metric 📉 continues to decline, indicating that investors are choosing to hold 💎🙌 their coins rather than spend them. Unlike past cycles where prices reached historical highs 📈 and triggered significant profit-taking 💰, this current rise is characterized by holders maintaining their positions.
This suggests a strong long-term conviction 🛡️ as Bitcoin approaches high price levels. The ongoing drop in Liveliness is seen as a key signal of stable on-chain holding behavior 🔗.
🤔 What do you all think – is this a sign of true bull market strength or are holders just waiting for an even bigger move?
$BTC $ETH $SOL
This suggests a strong long-term conviction 🛡️ as Bitcoin approaches high price levels. The ongoing drop in Liveliness is seen as a key signal of stable on-chain holding behavior 🔗.
🤔 What do you all think – is this a sign of true bull market strength or are holders just waiting for an even bigger move?
$BTC $ETH $SOL
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