Glassnode: BTC first-time buyers are soaring, while long-term holders stop adding positions

Glassnode analyzed on the X platform last night that on April 14th, there was a differentiation in the operational behavior of different investor groups towards Bitcoin: the 30 day relative strength index (RSI) of first-time buyers rose to 97.9, indicating a large influx of new demand; The RSI of steadfast buyers has dropped to 3.2, indicating that they have almost completely stopped increasing their holdings. Such behavioral differentiation often indicates that a local top is about to appear.