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Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism
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Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism

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“During corrections, declining ASOL is a signal that investor confidence is improving, and fewer coins are spent,” blockchain knowledge agency Glassnode tweeted on Wednesday. A confirmed trough within the ASOL indicator might level to a short-term market backside comparable to what occurred in July and October.

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