TechFlow news, October 29: CryptoQuant analyst tugbachain pointed out that the Bitcoin UTXO realization price indicator has shown a bullish signal. This indicator tracks the last traded price of each unspent Bitcoin on the network, reflecting the market's valuation status.
Research shows that when the short-term (1 week to 1 month) UTXO realization price exceeds the long-term (1–3 months and 3–6 months) UTXO realization price, it typically signals the beginning of a significant price uptrend. This crossover phenomenon indicates strengthening market momentum, as recent transaction prices are higher than previous levels, reflecting increasingly optimistic market sentiment.
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