(BTCThe overhead resistances of most altcoins and most other major coins are still below their respective levels, which suggests that bears have been selling off rallies.
According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “Whales deposit Bitcoin on exchanges.” Curiously, the outflows from the exchanges have also continued and due to this, the reserves are still hovering close to their lowest levels since mid-2018.
Everyday cryptocurrency market performance. Source: Coin360Daily chart of BTC/USDT Source: TradingViewChart of daily ETH/USDT. TradingViewBNB/USDT Daily Chart TradingViewSOL/USDT Daily Chart Source: TradingViewDaily chart ADA/USDT Source: TradingViewDaily chart of XRP/USDT TradingViewDaily chart of DOT/USDT Source: TradingViewChart of daily DOGE/USDT. Source: TradingViewChart of the AVAX/USDT every day. TradingViewDaily chart CRO/USDT Source: TradingView
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