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glassnode Lianchuang: The steepest bearish signal has appeared since the halving in April, and the negative signals are worthy of vigilance
Editor
2025-01-14 14:01 5,777
Golden Finance reported that according to glassnode Lianchuang Negentropic stated on the social platform that price momentum is recovering after last week’s decline, which is the steepest turn to bearish signal since the halving in April. To confirm further declines, we need a spike in risk - watch how rising risk aligns with falling momentum. Key change: The risk index, which had been at 0 since September, has jumped to 12. This could be a sign of future volatility. Bitcoin is currently fluctuating between $92,000 and $100,000, but the emerging negative signals are worthy of vigilance.
Keywords: Bitcoin
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