Odaily Daily Planet News Glassnode disclosed on X platform that the BTC cumulative trend score has been below 0.5 for 58 consecutive days, indicating an extended net distribution period. The current trend is close to the average duration of the distribution period within a 1-year window, indicating consistency with previous trends. This signifies that large entities are still in a net allocation state and have not yet transitioned 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: Le score de tendance d'accumulation de BTC est resté en dessous de 0,5 pendant 58 jours consécutifs.
Odaily Daily Planet News Glassnode disclosed on X platform that the BTC cumulative trend score has been below 0.5 for 58 consecutive days, indicating an extended net distribution period. The current trend is close to the average duration of the distribution period within a 1-year window, indicating consistency with previous trends. This signifies that large entities are still in a net allocation state and have not yet transitioned 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.