Bitcoin (BTC) experienced a slight increase of +0.18%, with price fluctuations narrowing to the $67,800-$68,000 range, and market attention rising. This period is during the recovery phase after an extreme pullback, with investors experiencing overall sentiment of extreme fear following last year's peak decline and the low in early February. However, short-term volatility has noticeably eased, and the market's short-term cautiousness has increased.
The main driver of this movement is the intensification of on-chain fund outflows. Data shows that on February 15, BTC exchange net outflows reached -2,10 #CelebratingNewYearOnGateSquare
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Bitcoin (BTC) experienced a slight increase of +0.18%, with price fluctuations narrowing to the $67,800-$68,000 range, and market attention rising. This period is during the recovery phase after an extreme pullback, with investors experiencing overall sentiment of extreme fear following last year's peak decline and the low in early February. However, short-term volatility has noticeably eased, and the market's short-term cautiousness has increased.
The main driver of this movement is the intensification of on-chain fund outflows. Data shows that on February 15, BTC exchange net outflows reached -2,10
#CelebratingNewYearOnGateSquare