Buying pressure weakens across crypto market and on-chain data

Buying pressure in the crypto market is weakening simultaneously in terms of price action, derivatives activity, and on-chain indicators. According to CryptoQuant’s analysis, Bitcoin is still struggling to sustain the $87,000-$90,000 level. According to analyst Mignolet, the slowdown in buying has been evident since late August, which kick-started a spell of declining futures volume, falling […] source: https://www.cryptopolitan.com/buying-pressure-weakens-across-crypto-market/