The BTC volatility space is relatively weak compared to February 8, and the cumulative 30-day volatility is lower than the numerical performance before January 8. Analysts believe this shows that BTC is currently in a stagflation stage. The market value accounted for the low position around 61%, and more attention needs to be paid to adjust risks in the near future.
Recently, the platform currency has risen sharply, but the performance of mainstream cryptocurrencies is weak, and most cryptocurrencies are in the adjustment stage. The market divergence is more serious, with the share of BTC market value rising from 60.93% on February 15 to 61.47% on February 22. This shows that although BTC has retraced, its decline is smaller than that of most currencies.
In terms of funds, more funds flowed from BTC to USD and USDT, and the tendency to flee in the short term was very obvious. The net inflow of BTC is relatively small, and most of the funds come from the outflow of other cryptocurrencies. This shows that the short-term is no longer suitable for buying a large number of BTC and more over-sell currencies.
Although it is not clear when the adjustment will come true, according to the current price of BTC $55,500, the risk of buying BTC after a high of $45,000 is higher. The real fluctuation space of BTC can be as high as more than 20%. In the high-level inter-compartment period, buying BTC should not be too frequent.
The analysis of cryptocurrencies in real-time should be taken for informational purposes only, and in no case should it be taken as an investment signal. Every investment and trading move involves risk. You should conduct your own research when making a decision.
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