In the Bitcoin market, the confrontation between bulls and bears intensified, but the mood of investors has not yet undergone significant changes, Santiment analysts said.

The confrontation of bulls and bears should be considered a positive signal for the market, since the price of the asset can unexpectedly change:

“Against the background of some lull in the market, traders show impatience and signs of bear mood. Large and small digital gold holders move in different directions. This was observed at the end of last year. ”

According to Santiment, over the past few weeks, 231 new crypto -core with a balance of over 10 BTC has appeared. At the same time, more than 37,000 addresses with smaller amounts sold their first cryptocurrency reserves.

Such dynamics may indicate that in the medium -term perspective, the bull trend may return to the market. However, the rapid rally of the first cryptocurrency is to be expected prematurely, Santiment analysts believe.

Earlier, the specialists of the QCP Capital trading platform said that the Bitcoin market has moved to the Summer Handra stage and does not demonstrate a single fundamental catalyst, which involves an asset.