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TechFlow, Oct 23 — Glassnode stated on social media that the BTC Net Premium Flow shows concentrated selling pressure in the price range of $109,000 to $115,000, indicating that the recent price surge is being used for hedging purposes. This suggests traders are adopting defensive positioning strategies during market consolidation, leveraging price strength for risk management.
Glassnode stated on social media that the BTC net premium flow shows concentrated selling in the price range of $109,000 to $115,000, indicating that the recent price increase is being used for hedging operations. This suggests traders are adopting defensive positioning strategies during market consolidation, using price strength for risk management.
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