Bitcoin is testing a level that capped its rally in January, CryptoQuant says
Burns Brief
Macro-driven ETF inflows have lifted prices, but CryptoQuant data signals large holders are positioning to sell near a key breakeven zone Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC $NEAR for reaction — a decisive move above or below key levels will confirm the next trend.
Macro-driven ETF inflows have lifted prices, but CryptoQuant data signals large holders are positioning to sell near a key breakeven zone
Key Takeaways
- Macro-driven ETF inflows have lifted prices, but CryptoQuant data signals large holders are positioning to sell near a key breakeven zone