#binance #hype #zec #near
18/05/26 07:03 UTC-04

Binance Published a Surprising Report on Bitcoin (BTC): “Four Indicators Clearly Explain Bitcoin’s Current State!”

Bitcoin ($BTC), the leading cryptocurrency, briefly rose above the $82,000 level in recent weeks but failed to hold that level.

Renewed tensions between the US and Iran, along with growing concerns about inflation in the US, caused Bitcoin to fall below $77,000.

As Bitcoin continues to be affected by macroeconomic events, Binance Research published its latest detailed report on Bitcoin.

According to Binance Research data, four on-chain indicators point to weakening selling pressure on Bitcoin.

The Binance Research team analyzed four on-chain indicators that point to weakening selling pressure on Bitcoin. The company pointed to several factors:

  1. More than 60% of addresses held $BTC for more than one year: this indicates a decline in the amount of $BTC circulating on the market as the long-term holding trend strengthens.”
  2. Long-term investors dominate the market.
  3. The supply of $BTC on exchanges is shrinking: even during the COVID-19 pandemic, the share of bitcoins held on exchanges was approximately 17.6%, but it has now fallen to 15.0%. Based on this, it is estimated that around 500,000 $BTC have been withdrawn from exchanges. The market generally interprets the decline in the share of assets held on exchanges as a signal of reduced short-term selling pressure.
  4. Short-term investors exited their losing positions and moved into unrealized profit: at the moment, the STH MVRV indicator, which shows the profitability of short-term investors, has also recently risen above 1.0. Since last November, the indicator had remained below 1 for a significant period of time. This means that current investors have once again entered the zone of unrealized profit.

The Binance analyst team concluded that these indicators point to a low probability of a new wave of selling pressure and that the current market phase shows a typical pattern often observed before a sustainable recovery.

See also: "Bitcoin Holds Near $77K After Four Consecutive Days of Declines"

#Bitcoin (BTC) #Binance #Report

Editor: Alyona Nabok
Comments

Similar

02/06/26 13:24 UTC-04

Why Is Bitcoin (BTC) Falling? When Will It Reach Bottom?

After Bitcoin (BTC) surpassed the $82,000 mark during the first week of May, it once again entered a downward trend. As Bitcoin continues to trade below the $70,000 level, investors are questioning whether the local low of $60,000, recorded in February, will be tested again.

25/05/26 03:51 UTC-04

Over the Last 10 Days, BTC Reserves on Binance Have Shown Continuous Net Inflows

Darkfost, an analyst from the cryptocurrency analytics platform CryptoQuant, shared important data regarding Bitcoin movements on the Binance exchange. According to the analyst, Binance’s $BTC reserves have shown continuous net inflows over the past 10 days. This indicates that investors are transferring more Bitcoin to the exchange, potentially increasing selling pressure.