After hitting an all-time high at $99.4K, Bitcoin has fluctuated between $92K and $98K this past week.
Daily realized profits to exchanges have cooled off significantly, now at $277M/day. This represents a 42% drop from the peak of $481M/day on Nov 16.
This sharp decline signals reduced profit-taking activity, suggesting the market has entered a consolidation phase.
Source: https://glassno.de/49jwGg8
Friendly reminder, the main trend is still bullish.
But you also see how the market volatility is — so, if you're leveraging altcoins make sure you have enough funds to survive during every major correction, I don't want to see any of you to be shaken out my friends, we are here to make it together.
Be patient but don't be greedy.
Everything has its turn.
$LINK +30% so far!
https://www.tradingview.com/x/kKijjCNt/
I'm PRETTY CONFIDENT on $ETC as the recovery is strong af.
It just need the break of $34 lvl and gonna straight up to higher levels.
Study the $XRP pump — It's dinos season.