🌐 #Bitcoin $BTC Overview On-chain #analysis▶️ ▶️ more strategies on #INVESTIDEAUA 🔥#HotTrends
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▶️Bitcoin: Taker Buy Sell Ratio - All Exchanges
Values above 1 indicate that bullish sentiment prevails.
Values below 1 indicate a predominance of bearish sentiment.
▶️ Traders with long positions dominate and are willing to pay traders with short positions.
▶️ Buying pressure from US investors on Coinbase is relatively strong.
▶️ Buying pressure from Korean retail investors is relatively strong.
▶️ Investors in funds and trusts, including Grayscale, have relatively strong buying sentiment.
▶️ Buying sentiment prevails in the derivatives market. More buy orders are executed by takers.
▶️ Net deposits on exchanges are low compared to the 7-day average. Smaller deposits can be interpreted as lower selling pressure.
▶️ The total number of active wallets used to send and receive coins has increased by 38.57% compared to yesterday.
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▶️ As foreign exchange reserves continue to rise, this indicates increasing selling pressure.
▶️ More and more investors are selling at a profit. In the middle of a bull market, this may indicate a market top.
▶️ The movement of long-term holders over the past 7 days has been above average. If they were moved for the purpose of sale, this could have negative consequences.
▶️.RSI indicates an overbought condition in which 76.00% of the price movement over the last 2 weeks has been upward and a trend reversal may occur
▶️This indicates an oversold condition, when the current price is close to the high in the last 2 weeks and a trend reversal may occur.
▶️ Over the last 24 hours, 34025067.28 long positions were liquidated.
▶️ Bitcoin: Miners' Position Index (MPI)
Mining companies are selling more assets compared to the annual average.
⚠️An increase in OI indicates that there is more liquidity, volatility and attention coming into the derivatives market.
