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Bitcoin (BTC) Rally Falters

时间:2024-03-23|浏览:256

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Attention crypto enthusiasts! Bitcoin (BTC) failed to consolidate its March 20 rally, but according to CryptoQuant, the bull market is not over yet. Currently, only 48% of short-term investments have been made, while a bull market usually ends with 84-92%.

Meanwhile, Ether (ETH) faces resistance at its 20-day EMA, and BNB (BNB) struggles to break above $590. Solana (SOL) is also struggling to break above $205.

Do you think cryptocurrencies will continue to correct or is it time for the recovery to begin? Comment below!

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