Network Activity Slowing The monthly average of transfer vo | CoinInsight on Binance Square

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Network Activity Slowing The monthly average of transfer volume, adjusted for changes, has decreased. 

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+1.73%

76

0

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Bitcoin is trading below the $113.6k and $115.6k cost basis for the 1-month and 3-month cohorts. With short-term holders currently at a loss, rallies might encounter resistance as these investors may look to sell at breakeven.

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$LINK ANALYSIS: $LINK experienced a significant rally during the altcoin surge, reaching the major resistance zone between $26.10 and $26.80. Currently, the price appears slightly bearish. If the price breaks below the $25.00 mark, it may present an opportunity for an aggressive buy.

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The $CHZ /USDT pair is forming a falling wedge pattern on the weekly chart. A breakout could lead to an upward movement. 📈🔍

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The $LTC /USDT pair is testing the upper boundary of the symmetrical triangle on the weekly chart 🔍. A breakout could lead to a price surge ✈️.

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$SOL /USDT is consolidating within an ascending triangle on the weekly chart. A bullish rally may be on the horizon. 📈

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