According to BlockBeats news, on May 20, CryptoQuant analyst Avocado stated that Bitcoin’s rebound without any signs of overheating is a clear signal of the health of the bull run. “This indicates that the market’s buying sentiment is still favorable for subsequent rises, suggesting that now is not the time to consider exiting.” BlockBeats note: The overheating signs mentioned by the analyst in the chart are: a surge in Funding Rate + a breakthrough spike in Taker Buy Volume, and these abnormal fluctuations have not yet appeared at the current stage, indicating that the rise is relatively healthy and there is room for further increases.
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SellingInTheBustling
· 05-20 08:57
Bull run my ass, if the altcoin hasn't risen, it's not a bull run.
Analysts: Bitcoin rebounds without any signs of overheating, indicating a healthy bull run.
According to BlockBeats news, on May 20, CryptoQuant analyst Avocado stated that Bitcoin’s rebound without any signs of overheating is a clear signal of the health of the bull run. “This indicates that the market’s buying sentiment is still favorable for subsequent rises, suggesting that now is not the time to consider exiting.” BlockBeats note: The overheating signs mentioned by the analyst in the chart are: a surge in Funding Rate + a breakthrough spike in Taker Buy Volume, and these abnormal fluctuations have not yet appeared at the current stage, indicating that the rise is relatively healthy and there is room for further increases.