According to reports, data analysis agency Swissblock stated that,


The big cake is facing a crucial week. On-chain data performance has reached its best of the year, liquidity is rising, the number of holders is stable, and the fundamentals are solid. It needs to reclaim the range of 11.34 w to 11.54 w USD to achieve a full bull market reversal. When the fundamentals are strong, a bear market will not arrive.
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