6.20 On-chain Data Analysis
Today, stablecoins are experiencing a slight inflow on exchanges, but altcoin markets are quite volatile. It is recommended to stay on the sidelines; if stablecoins can continue to flow in, consider positioning in quality altcoins. Today, there is a slight outflow of Bitcoin on exchanges, which is a normal phenomenon influenced by macro factors. Currently, various institutions are continuously buying Bitcoin as a strategic reserve. The future trend of Bitcoin will become stronger, so it is advised to hold Bitcoin patiently and buy on dips! #BTC
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