<ul data-eligibleForWebStory="true"><li>Bitcoin's network activity shows a stabilization in average transfer volumes, indicating a balanced holding pattern in the market.</li><li>Since hitting a high earlier this year, Bitcoin's average transfer volumes have eased to around $58.7 billion, within a historically significant range of $40 billion to $80 billion.</li><li>The range of $40 billion to $80 billion is seen as a gauge of network health and investor commitment, with spikes toward $80 billion aligning with price tops and dips toward $40 billion signaling temporary slowdowns.</li><li>The current 'balance zone' on the network is viewed as a period of market indecision rather than weakness. If volumes climb past $80 billion, it may indicate renewed bullish momentum, while a drop below $40 billion could suggest a broader correction.</li></ul>

Bitcoin Network Activity Signals Calm Before Next Move, Says Analyst

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