Top Reason Why Crypto Market is Up Today?
CryptoQuant CEO recently highlighted a significant shift in crypto market dynamics, with Bitcoin buy walls on all exchanges now strong enough to neutralize previously dominant sell walls. This change marks a pivotal development in trading behavior, indicating a robust buying interest that could be steering the current market upswing.
Crypto Market Rebound: Buy Walls Outpace Sells Across Exchanges
According to analysis from the CryptoQuant CEO, the dynamics between buy and sell walls have notably shifted. Data from the last cycle (2020-2022) revealed that sell walls had consistently outweighed buy walls since May 2021, contributing to market pressures. The recent reversal, with…
