On-chain analytics firm Glassnode printed a report suggesting that traders are turning capital to dangerous property like stablecoins and . The technicals present that altcoins are at an important turning level between a constructive and adverse breakout.
Glassnode’s evaluation of buying and selling volumes and futures reveals that the uptrend that began in the primary quarter of 2023 started to settle down in April, with regulatory considerations and a lack of liquidity promote threat aversion tendencies amongst merchants.
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