Bitcoin buy walls on all exchanges are now strong enough to neutralize sell walls.
Cryptoquant CEO Ki Young Ju recently stated that, according to the Data from the last cycle (2020-2022) It's the accumulated difference between quoted buy and sell volumes. Since May 2021, sell walls had been consistently thicker than buy walls until the end of the cycle.
Now, Bitcoin buy walls on all exchanges are now strong enough to neutralize sell walls.


Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yesterday, the net inflow of US SOL spot ETFs was $5.3 million.
Ethereum supporter Anthony Sassano: Ethereum gas limit may increase by 3-5 times next year
Pandora Ethereum ETF to be listed on the Hong Kong Stock Exchange on December 3
Data: US XRP spot ETF sees a single-day net inflow of $22.68 million