Golden Finance reports that Crypto Dan, an analyst at Cryptoquant, recently wrote that the buying of Bitcoin (BTC) by US investors has significantly increased, and the current price trend shows no signs of overheating, presenting a typical pattern in an upward cycle after a pullback.
This signal indicates that the Bitcoin market may be entering a healthy and sustainable upward cycle, and market sentiment is expected to remain optimistic.
Analysts stress that the surge in buying interest reflects the recovery of confidence in cryptocurrencies among domestic US funds, while the moderate combination of volume and price indicates that the market has not yet entered an irrational speculation stage, laying the foundation for the steady progress of the subsequent market trend.
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