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Analyst: Market sentiment and on-chain structure are synchronously signaling a bearish trend, with recent support levels now turning into resistance zones

Analyst: Market sentiment and on-chain structure are synchronously signaling a bearish trend, with recent support levels now turning into resistance zones

2025-12-23 16:24

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ChainThink message, December 23, CryptoQuant analyst Axel posted data on social media indicating that current market sentiment aligns with on-chain structure, pointing toward market weakness: short-term holders are now in floating losses, and all key recent support levels have turned into resistance levels.

Analyst: Market sentiment and on-chain structure are synchronously signaling a bearish trend, with recent support levels now turning into resistance zones
#Bitcoin

Disclaimer: Contains third-party opinions, does not constitute financial advice

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