Crypto Market Neutral to Slightly Bullish, Leverage Eases — CryptoQuant
Contributor CoinNiel notes a neutral to slightly bullish trend as leverage declines and short-term selling pressure weakens. Mixed on-chain signals point to a volatile liquidity adjustment phase rather than a clear trend.
According to CryptoQuant contributor CoinNiel, the crypto market is currently exhibiting a "neutral or slightly bullish" tendency. Leverage has decreased, and short-term selling pressure is easing.
Exchange inflows indicate moderate but insufficient accumulation. Over the past week, net inflows totaled approximately 2,196 BTC, while the 14-day net outflow stood at around 8,197 BTC. CoinNiel described these mixed metrics as pointing to a volatile phase of liquidity adjustment, not a clear directional trend.
Long positions maintain a slight edge, but excessive leverage and overly optimistic sentiment have subsided. Open interest in derivatives is gradually increasing.
Source: ForkLog