Bitcoin Marketed Important Price in the last few hours, pricing about $ 110,000 as a trading war, Crypto Market Measurement of current price burn.
Institutions return as the bittcoin meeting turned Euphoric – glass
On X Post on October 10, Blockchain Analytics Firm glass puts some exciting information on its weekly market updates. Obviously, Glassnode critics report that while Bitcoin prices increases more than 10% in the latest maximum rising, the centers have maintained profits and protects them rather than burning the meeting.
Without high maximum movement, exposed, that is, the unexpected gauge, inappropriate cracks, cracks, surrounds 38-40%. Usually, the meeting of that size will press the maximum variations as merchants strike and increase their display. However, silent reactions reflect the calmal investors that are already organized or simply not wanting to pay for more money.
Glassnode Analysts also draw attention to one subtle but to tell the mark on the Option Skew. Or at the point of meeting, look for storage options, keeping the market suggested. This shows that many great players have been selling calls, successful payments, using the options market, while the insurance is kept in the market.
In addition, the rate of calling and strengthens the method of monitoring between institutions. Between expires on Friday, October 9, the average increased above 1,0, which indicates that it was sold on top of the calls as merchants were busy down before I lock the latest rains.
Generally, Glassnode describes the Bitcoin market as a different way of the Code of Code of Code of Code of Country, conducted by the Center, rather than a transition and sale of sales as reflected in previous cycles. Financial monitoring operated by Spat ETF and the latest arrival of Crypto Treasure companies may increase the thickly layer of maturity in a $ 2 trillion market.
Btc market Overview
At the time of writing, the Bitcoin traded for $ 110,805 after a decrease of 7.54% in the last 24 hours. At that time, the daily trading volume has announced 150.37%, indicating the increase in market work as the sellers responded to sharp rebives.
Picture entered from Flickr, Chart from TradingView Sell
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