Analysis: The overall selling pressure in the market continues to ease, and the net price difference on the trading platform is in positive territory.

BlockBeats news, on October 29, CryptoQuant analyst Axel stated that the net price difference of the trading platform (stablecoin net flow - BTC + ETH net flow) remains in positive territory, with a 30-day moving average of +1 billion USD, above its long-term baseline. This indicates that net cash (stablecoin) inflow dominates over net BTC and ETH withdrawals on the trading platform, and the overall selling pressure in the market continues to ease.

BTC-2.87%
ETH-4.36%
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