CriptoQuant Analyst: Stabilizing currency demand cooling

CryptoQuant Analyst Zizcrypto monitors that the stable currency supply ratio oscillator (90D) surged to a peak of 3.74 on 21 August, approaching an historic high of about 4.00 in November 2024. The indicator then cooled down and the current BTC transaction price was about $77,000. The analyst pointed out that if the 90D readings continued to fall and fell out of high areas, the increase was driven by short-term liquidity。