One-week data overview: the activity of large transfers on the chain has declined, and the difficulty of Bitcoin mining has remained relatively stable
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Quotes and Market Sentiment
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Source: chain.info
Source: chain.info
market sentiment
Source: alternative.me
market sentiment
As far as market sentiment is concerned, recent sentiment indexes have remained in the range of "extreme fear" or "fear", indicating that most traders are not optimistic about the market outlook. The mood of fear has been maintained for more than two weeks, and judging from the current situation, this mood may continue.
Source: chain.info
Comparison of large transfers
large transfer
1,Judging from the large amount (50BTC and above) transfer data on the chain this week, the total amount and number of transfers have dropped significantly compared with last week and the average value of the past ten weeks. The total amount of large transfers decreased by nearly 40% compared with last week, and the number of transfers decreased by about 12%. Compared with the average of the past ten weeks, the overall transfer volume is about 25% lower, and the number of transfers is lower by 7%. It can be seen that with the decline in the volume and price of Bitcoin, the activity of large transfers on the chain also shows a downward trend.
Source: chain.info
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Exchange balance and inflow and outflow
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Source: chain.info
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Source: chain.info
Source: chain.info
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Exchange balance and inflow and outflow
From the perspective of net flow, the inflow and outflow of the top 5 exchanges in the past two weeks have not been large, and the daily flow in most of the time does not exceed 2,000 BTC, which is consistent with the change in balance.
Source: chain.info
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Blockchain network data
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Source: chain.info
Bitcoin mining difficulty and daily average computing power fluctuated slightly, but remained stable overall. Judging from historical data, computing power and difficulty are still at a relatively high point in history.
Source: chain.info
Bitcoin mining difficulty and daily average computing power fluctuated slightly, but remained stable overall. Judging from historical data, computing power and difficulty are still at a relatively high point in history.
Disclaimer: The opinions involved in this report are based on comprehensive research and judgment based on data analysis. They are only for reference and not as investment basis. Risky investment in currency speculation requires caution.
