The Bitcoin sentiment index has fallen to 46%, and the price needs net buying support to break through the $105,000 range.

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On June 14, Axel Adler Jr., an analyst at a data platform, said that the current Bitcoin Sentiment Index (Advanced Sentiment Index) has fallen to about 46%, slightly below the neutral level of 50%. The chart shows a gradual decline in the index after bullish sentiment peaked above 80% in early June; Despite the recent slight increase in price, from $103,000 to $105,000, open interest and net buying have failed to support this trend, and volume increments remain close to zero. The price is currently holding around $105,000 with no significant influx of new buying. To resume the sustained uptrend, the index must rebound above 60% to 65%, which requires both an increase in net buying and open interest. Otherwise, the market is likely to retest the $102,000 to $103,000 range.

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ZKProofstervip
· 11h ago
Weak volume data.
Reply0
InscriptionGrillervip
· 14h ago
Who will send after playing people for suckers?
Reply0
RugResistantvip
· 14h ago
High risk pattern detected.
Reply0
OnchainDetectivevip
· 14h ago
Play people for suckers and then harvest.
Reply0
SatoshiChallengervip
· 15h ago
Suckers harvesting season again
Reply0
ChainSherlockGirlvip
· 15h ago
The pump is all thanks to words.
Reply0
SchrodingerGasvip
· 15h ago
The market sentiment has cleared early.
Reply0
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