Is the Selling Pressure on Bitcoin Easing? Insights from Four On-Chain Indicators by Binance Research

Demand-Supply Shift Indicated by Four Metrics

According to a report published by Binance Research on May 18, four on-chain indicators are signaling a bottom in the market, indicating both a tightening of supply and a relief in selling pressure for Bitcoin (BTC).

The four indicators are: 1) Long-term supply inactivity rate, 2) SLRV ratio, 3) Exchange balance ratio, and 4) Short-term holder STH-MVRV. Binance Research points out that these indicators have historically signaled market bottoms...