Analysis: The activity of buyers who first purchased Bitcoin in April was active, and market sentiment continues to rise

ChainCatcher news, according to the on-chain data monitoring platform Glassnode, the analysis of Bitcoin supply dynamics indicates that the activity of first-time Bitcoin buyers in April was strong: the Relative Strength Index (RSI) remained above 50 throughout the month, reaching 100 last week and still holding at a high of 80 today. This suggests that even with rising prices, the "fear of missing out" (FOMO) sentiment in the market is still increasing, and new funds are flowing in.