BlockBeats news, on July 12, according to The Kobeissi Letter citing data analysis from Sentimentrader, the vast majority of coins are currently not in the historical high range (5% of the 252-day high). In contrast, when Bitcoin set new records in February and November 2024, approximately 75% and about 40% of Crypto Assets were within 5% of their 252-day highs, respectively. Historically, when a large number of Crypto Assets' trading prices approach historical highs, Bitcoin tends to pull back. The current divergence suggests that Bitcoin may still have greater room for pump. #BTC再创新高# #ETH突破3000# #VIP 专属空投嘉年华#

BTC-0.84%
ETH-0.12%
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Myanuovip
· 07-12 00:11
According to BlockBeats on July 12, citing data analysis from The Kobeissi Letter and Sentimentrader, the vast majority of coins are currently not in the historical high range (5% of the high point within 252 days). In contrast, when Bitcoin set new records in February and November 2024, about 75% and about 40% of Crypto Assets were within 5% of their 252-day highs, respectively. Historically, when a large number of Crypto Assets' trading prices approach historical highs, Bitcoin tends to pull back. The current divergence suggests that Bitcoin may have more room for pump.
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