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CryptoQuant: Bitcoin's final support level is $56,000, a break below could lead to a sharp correction

BlockBeats news, on June 28, CryptoQuant posted on social media that "Bitcoin's ultimate support level is $56,000. If it falls below this level, it may lead to a sharp correction."

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On-Chain Activity

5h ago

Smart money that established a UNI position in early September continues to add 142,000 tokens, worth approximately $1.29 million.

8h ago

"Machi" continues to reduce long positions, with an unrealized profit of $73,000 in the account.

8h ago

An address held a long position in MON for over 8 months, with a position return rate of approximately 366%.

9h ago

A trader opened a position of 5,000 ETH again after 5 months.

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