Although the cryptocurrency market is breaking records not seen since 2021, there is still a lack of new investors in the market.
According to an analysis shared on CryptoQuant, blockchain data has not yet entered the market in large numbers. No new investors entered is showing.
Looking at UTXO data from Bitcoin’s past cycles new investor group your price started to rise rapidly It appears to have grown over time.
UTXO is one of the coins actively used in the market. age range is used to measure. This is the market cycle At what stage? It helps to understand what is happening.
Analyst, “One of the hallmarks of a sustainable bull market new investors entering the market but for now in the early stages We can conclude that we are.” said.
The analyst thinks that this situation is a possibility that may occur in the market. Thanks to fear of missing out (FOMO) He added that it could change:
“The wave of institutional demand may assert its strength this year, and new investors may follow in its footsteps for fear of missing out on the latest investment trends in the crypto market.”
