Cryptoquant experts doubted in the imminent resumption of the confident increase in the price of the first cryptocurrency, allowing protracted stagnation.
STH REALIZED Price Bands are tightening
“A Similar Pattern Was Observed in May 2024 … This Resulted in a Prolonged of Low Volatility and Market Consolidation. If no Strong Demand Catalyst Emerges, History Cold Repeat Itself. ” – By @Yonsei_dent pic.twitter.com/e2xepd7hyh
– Cryptoquant.com (@cryptoquant_com) March 6, 2025
According to his observations, the sliding medium -sized medium and 200 days also come closer. A similar pattern was observed in May 2024, after which the period of low volatility and market consolidation came against the background of minor trading volumes.
However, he added that the key factor may be the position of the Donald Trump administration regarding digital currencies. The “cryptosamit” planned for March 7 attracts special attention, since important discussions are expected in the context of industry regulation. If positive signals sound, the market will receive a new impulse, and the price structure will come out of the compression state.
Colleague Yonsei_Dent – Woominkyu analyst – stated that the FOMO period has not yet come.
According to him, at the stage of “optimism” it is important to carefully monitor the market, comparing the current dynamics with historical trends. At the same time, the entrance to the “euphoria” zone is fraught with a sharp correction of prices. Recall that the co-founder of the F2Pool Shen Yu tied the renewal of Bullran with the prospects of the Bitcoin reserve in the United States.
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Source: Cryptocurrency
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