Bitfinex warns: With Bitcoin's rising volatility, investors urged caution.

Jafar224

Cryptocurrency exchange Bitfinex warns investors to exercise caution in their trading strategies as Bitcoin (BTC) enters a higher volatility environment. According to the latest report from Bitfinex Alpha, the recent rise of BTC to the $38,000 range may not be sustained for long. With STH RP hovering around $30,380, BTC could potentially fall into the range of $30,000 to $31,000.

Bitfinex emphasizes that a key factor in understanding the BTC price trend is Short-Term Holder Realized Price (STH RP), representing the average purchase price of investors holding the asset for 155 days or less. Comparing STH RP with BTC prices helps determine investor profitability.

Isha000

It's always right to be a bit more careful.

Janak9955

Even if a bull market arrives, there will still be people experiencing losses, so one must be vigilant at all times.

Kamal531

Investors surely need to exercise caution.