Binance’s ratio nears 1, hinting at potential bottom formation. History shows similar occurrences at market lows, yet these signals might mislead analysts toward an early bullish outlook.
BTC is in profit, with support at 110,700 USD. A drop below 95,000 USD may mark the start of bearish trends, despite strong liquidity shown by 37.8 billion USD in ERC-20 stablecoin reserves.
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