[Coin World] recently noticed an interesting piece of data — the reserve ratio of a certain leading exchange has fallen to its lowest point since 2018.
I looked through the historical records, and every time this indicator hits the bottom, Bitcoin often experiences a decent rebound. The logic is actually quite simple: when there are fewer coins in the exchange, it means that holders are reluctant to sell, while the liquidity used for driving the price up is highly concentrated in the market.
In this state, as long as there is capital entering the market, the price can easily be pushed up quickly. Of course, historical patterns are not infallible, but this signal is at least worth paying attention to.
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A leading exchange's reserve ratio has hit a 6-year low, is Bitcoin about to rebound?
[Coin World] recently noticed an interesting piece of data — the reserve ratio of a certain leading exchange has fallen to its lowest point since 2018.
I looked through the historical records, and every time this indicator hits the bottom, Bitcoin often experiences a decent rebound. The logic is actually quite simple: when there are fewer coins in the exchange, it means that holders are reluctant to sell, while the liquidity used for driving the price up is highly concentrated in the market.
In this state, as long as there is capital entering the market, the price can easily be pushed up quickly. Of course, historical patterns are not infallible, but this signal is at least worth paying attention to.