COINOTAG News, citing Cointelegraph, reports that analyst TXMC says the Liveliness metric is rising. This on-chain indicator has historically signaled bull market activity and may imply that this market cycle is not yet finished, even as price action softens and spot Bitcoin demand holds.
TXMC described Liveliness as a long-term proxy for on-chain momentum, comparing cumulative spending and holding across cycles. The indicator climbs when more transactions occur and retreats when coins are held, weighted by age. In a bull regime, on-chain turnover generally rises as stakeholders exchange tokens at higher prices, signaling fresh capital inflows.
For investors, the message is that credible on-chain demand remains intact despite volatility, highlighting the value of integrating on-chain metrics with routine price analysis to assess the market trajectory.
Source: https://en.coinotag.com/breakingnews/bitcoin-liveliness-indicator-rises-signaling-ongoing-bull-market-demand-despite-price-dip-txmc-says
