Deep Tide TechFlow news, on August 4, according to CryptoQuant analyst Axel Adler Jr, the issue in the later stage of the bull market is the decline in investor risk appetite. Data shows that in March and December 2024, this indicator broke through 1.9, but currently the indicator is forming lower peaks, and holders are starting to actively sell, putting pressure on the market. Although investors are still taking profits, the marginal premium on the cost basis brought by each new price increase is getting smaller.
Analysts say that considering the Fed is expected to have two rate cuts this year, it is anticipated that there will be two more increases in this cycle, after which selling pressure will exceed demand, and the market will enter an adjustment phase.
