When the Supply-Demand Balance of BTC and ETH is Broken
(Grapes, Lemons, Pears, Apples, Van Gogh) The entire crypto market trend mainly depends on the direction of BTC and ETH. As BTC and ETH continue to flow out of exchanges, the supply-demand balance may be broken at some point, creating a supply shortage situation and leading to sudden rapid price changes. (As the Bitcoin halving effect becomes apparent, fewer and fewer BTC holders in the market are willing to sell, MoonCapital) BTC price rises but exchange balances decline. During the 2017 bull market, when BTC prices rose, the BTC flowing into exchanges also showed an upward trend,