PANews April 17: Glassnode analyzed on the X platform last night that on April 14, there was a divergence in Bitcoin operations among different investor groups. The 30-day Relative Strength Index (RSI) for first-time buyers rose to 97.9, indicating a substantial influx of new demand, while the RSI for staunch buyers dropped to 3.2, suggesting they have almost completely stopped adding to their holdings. Such behavioral divergence often signals an impending local top.
Glassnode: Surge in BTC First-Time Buyers, Long-Term Holders Cease Accumulation
PANews2025/04/17 06:29
Show original
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Data: Only about 5% of altcoin supply is in profit, the divergence between Bitcoin and altcoins is unprecedented
Chaincatcher•2025/11/16 01:26
Brown University and Emory University hold over $65 million in bitcoin-related assets combined
Chaincatcher•2025/11/16 00:57
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$95,401.48
+0.32%
Ethereum
ETH
$3,153.95
+0.29%
Tether USDt
USDT
$0.9995
+0.03%
XRP
XRP
$2.21
-2.47%
BNB
BNB
$928.47
+0.49%
Solana
SOL
$138.99
-1.45%
USDC
USDC
$0.9999
-0.01%
TRON
TRX
$0.2942
+0.07%
Dogecoin
DOGE
$0.1618
+0.86%
Cardano
ADA
$0.5000
-1.14%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now