Yonsei_dent
<Momentum Dead-Cross in Active Addresses: A Bearish Signal for the BTC Network>
As Bitcoin and the crypto market enter a phase of stagnation, the Active Addresses metric reveals signs of weakening momentum. A death cross has been observed between the 30-day moving average (30DMA) and the 365-day moving average (365DMA), signaling a decline in short-term activity among investors. Historically, similar patterns in Active Addresses have often coincided with bearish market conditions, making this a potentially negative indicator. Additionally, the Transaction Count has been declining since Q4 2024, further reinforcing the likelihood of mid- to long-term market stagnation. Until the market shows signs of improvement, it is crucial to avoid excessive leverage and prioritize robust risk management strategies.