#美国核心物价涨幅不及市场预估 Bitcoin's January trend is worth paying attention to. Based on integrated data from multiple sources, the technical aspects, on-chain activity, and fund flows on exchanges all tell the same story.
Currently, the price is actually hovering near the major moving averages and is close to some of the key accumulation zones in history. What does this mean? It suggests that the market may be digesting positions and could be undervalued.
Specifically, on the coin level, $ETH, $DUSK, and $SOL all have noteworthy on-chain performance.
Additionally, the recent U.S. core CPI data being lower than expected sends a signal that could indirectly influence the direction of commodities and risk assets. The macro environment is loosening, which is not a bad thing for the capital flow in the crypto market.
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TokenTherapist
· 17h ago
The core CPI being below expectations indeed gives us a breathing room, and BTC at this critical level is really worth watching.
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CounterIndicator
· 17h ago
The word "undervalue" is heard too often. It's always undervalued, and what’s the result?
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GasFeeLady
· 17h ago
ngl watching the gwei rn feels safer than timing this accumulation zone... but yeah the on-chain story checks out, just hate when narratives align too perfectly lol
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HashBandit
· 17h ago
ngl the accumulation thesis hits different when you check the actual onchain metrics... back in my mining days we'd call this capitulation phase. but here's the thing - gas fees are still brutal on mainnet, and if ETH doesn't crack that resistance soon i'm not touching it. SOL tho... TPS bottleneck aside, the flow data looks spicy fr
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PretendingSerious
· 17h ago
Wait a minute, is on-chain data really that reliable, or is this just another prelude to another round of rug pulls?
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StopLossMaster
· 17h ago
The core CPI breaking expectations indeed eased the market. ETH's on-chain data is quite interesting; the accumulation phase should be ending soon.
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CommunitySlacker
· 17h ago
Core CPI has eased up, so the liquidity situation should have some movement... But Bitcoin is still hovering around, we'll have to see how January unfolds.
#美国核心物价涨幅不及市场预估 Bitcoin's January trend is worth paying attention to. Based on integrated data from multiple sources, the technical aspects, on-chain activity, and fund flows on exchanges all tell the same story.
Currently, the price is actually hovering near the major moving averages and is close to some of the key accumulation zones in history. What does this mean? It suggests that the market may be digesting positions and could be undervalued.
Specifically, on the coin level, $ETH, $DUSK, and $SOL all have noteworthy on-chain performance.
Additionally, the recent U.S. core CPI data being lower than expected sends a signal that could indirectly influence the direction of commodities and risk assets. The macro environment is loosening, which is not a bad thing for the capital flow in the crypto market.