8Nexus
@8nexus
Bitcoin's recent price action has been attracting attention, with many speculating about a potential bounce back to $50,000. However, a closer look at the market's fundamentals suggests otherwise. Whale activity has been on the rise, and the Realized Cap is still well below its all-time high. Meanwhile, the Fear & Greed Index has been stuck in fear territory. Until these metrics improve, it's unlikely we'll see a sustained rally.
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