Bitcoin Investor Behavior Signals Potential Local Peak

According to PANews, Glassnode analyzed on the X platform that on April 14, there was a divergence in Bitcoin trading behavior among different investor groups. The 30-day Relative Strength Index (RSI) for first-time buyers rose to 97.9, indicating a significant influx of new demand. Meanwhile, the RSI for steadfast buyers dropped to 3.2, suggesting they have nearly ceased increasing their holdings. Such behavioral divergence often signals the approach of a local peak.