Odaily Planet Daily Glassnode revealed on Platform X that the BTC cumulative trend score has remained below 0.5 for 58 consecutive days. This indicator implies an extended net distribution period, with the current trend approaching the average duration of the distribution period within a one-year window, indicating consistency with previous trends. It suggests that large entities are still in a net allocation state, not yet confirmed to transition to an accumulation state. Over the past year, the distribution phase has lasted an average of 65 days, while the accumulation period has lasted 57 days.
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GateUser-0d0e7074
· 03-03 15:40
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GateUser-ae483f04
· 03-03 15:39
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Glassnode: La puntuación de la tendencia acumulativa de BTC ha estado por debajo de 0.5 durante 58 días consecutivos.
Odaily Planet Daily Glassnode revealed on Platform X that the BTC cumulative trend score has remained below 0.5 for 58 consecutive days. This indicator implies an extended net distribution period, with the current trend approaching the average duration of the distribution period within a one-year window, indicating consistency with previous trends. It suggests that large entities are still in a net allocation state, not yet confirmed to transition to an accumulation state. Over the past year, the distribution phase has lasted an average of 65 days, while the accumulation period has lasted 57 days.