Changing in hands and taking advantage

Changing-in-hands-and-taking-advantage

As price trend down post FOMC meeting, Token transaction count is showing that bitcoin is in process of changing from hand to other hand, so in looking to the accumulation trend it suggest that this change is from weak hands to strong hands as the long term SOPR back to the low levels again this moment. In addition to the derivatives CDD inflow is spiking again towards long position which supports short term increase in price.

So in conclusion, Long term price rise is supported in one side by transaction counts and Long term supply movement and the short term movement is supported by the Long position sentiments.