Bitcoin entered a zone of deep stress: the SSRR indicator turned red for the first time this cycle

The Adjusted Sell-side Risk Ratio (SSRR) indicator moved into the "red zone" for the first time since the previous cycle during bitcoin's drop to $60,000. At the same time, the CVDD model points to a structural cycle bottom at around $48,000, forming the key lower boundary of the current market range for bitcoin. This was reported by CryptoQuant. The market is entering a zone of "deep stress": […]

Source: CryptoTech