Alpha Price Indicator: Navigating Cryptocurrency Peaks and Valleys with Precision
“This development suggests that investors should prepare for potential resistance along the way, which could set new highs for the cryptocurrency.” – Link
By joaowedson | @cryptoquant_official
“This development suggests that investors should prepare for potential resistance along the way, which could set new highs for the cryptocurrency.” – Link
By joaowedson | @cryptoquant_official
Our Chart of the Day shows Balances on Accumulation Addresses at an ATH & Bitcoin ETFs are increasing their holdings.
This indicates that more Bitcoin is being moved into and held in accumulation addresses. Suggesting a bullish outlook.
Explore Chart of the Day | @cryptoquant_official
This indicates that more Bitcoin is being moved into and held in accumulation addresses. Suggesting a bullish outlook.
Explore Chart of the Day | @cryptoquant_official
Coinbase Premium Getting Below 0
“If the premium remains negative when we get a bounce, it may signal a warning sign to the market that the US institution's stance is beginning to shift.” – Link
By BQYoutube | @cryptoquant_official
“If the premium remains negative when we get a bounce, it may signal a warning sign to the market that the US institution's stance is beginning to shift.” – Link
By BQYoutube | @cryptoquant_official
Ethereum's Dencun upgrade has recently gone live, and we're exploring the opportunities and risks.
The total supply of ETH is decreasing due to high network activity and the burning of transaction fees. At the same time, staking figures are on the rise, with 31.7 million ETH now staked, showing increasing confidence in Ethereum's future.
Ethereum's network is experiencing a surge in activity, with record-high daily transactions and ETH transfers, underlining its vibrant ecosystem.
However, the current high MVRV Ratio suggests that ETH might be overvalued, which calls for a cautiously optimistic approach.
Despite these challenges, the Dencun upgrade reinforces Ethereum's strong fundamentals. Yet, the market's recent preference for SOL over ETH signals that we might see some adjustments ahead.
Weekly Crypto Report | @cryptoquant_official
The total supply of ETH is decreasing due to high network activity and the burning of transaction fees. At the same time, staking figures are on the rise, with 31.7 million ETH now staked, showing increasing confidence in Ethereum's future.
Ethereum's network is experiencing a surge in activity, with record-high daily transactions and ETH transfers, underlining its vibrant ecosystem.
However, the current high MVRV Ratio suggests that ETH might be overvalued, which calls for a cautiously optimistic approach.
Despite these challenges, the Dencun upgrade reinforces Ethereum's strong fundamentals. Yet, the market's recent preference for SOL over ETH signals that we might see some adjustments ahead.
Weekly Crypto Report | @cryptoquant_official
BTC - short term investors took large profits
"In relation to this adjustment, if we look at the SOPR, there was a big movement related to profit realization by short-term holders who held BTC less than 5 months."
– Link
By Crypto Dan | @cryptoquant_official
"In relation to this adjustment, if we look at the SOPR, there was a big movement related to profit realization by short-term holders who held BTC less than 5 months."
– Link
By Crypto Dan | @cryptoquant_official
Allocation of Nearly 50% of Bitcoin's Realized Cap to Short-Term Holders
“This occurrence, alongside indicating a very high bullish sentiment among short-term holders, reflects a higher dominance of this capital amount in the market over the coming weeks and months.” – Link
By Crazzyblockk | @cryptoquant_official
“This occurrence, alongside indicating a very high bullish sentiment among short-term holders, reflects a higher dominance of this capital amount in the market over the coming weeks and months.” – Link
By Crazzyblockk | @cryptoquant_official
Miners' reserves hit a low not seen since April 2021, while active addresses lagged, and Bitcoin short-term holders took profits.
Let's delve into some of our analyst's insights from the last week ⬇️
Insights from CryptoOnchain revealed a significant drop in Bitcoin miners' reserves, reaching the lowest point since April 2021. This highlighted the increased selling pressure in the market. Notably, this trend has been particularly strong since November, indicating a major shift in market dynamics.
Phi Deltalytics raised concerns about a worrying trend: Bitcoin's price was on the rise, but the number of active addresses wasn't following suit.
Analysis from Crypto Dan showed that on-chain data indicated a surge in profit-taking by short-term BTC holders, a pattern similar to what we've seen at the peaks of previous bull markets. With this trend of profit realization pointing towards a critical moment for Bitcoin's price trajectory.
To view all our analyst's latest market insights, explore Quicktake.
Explore Quicktake | @cryptoquant_official
Let's delve into some of our analyst's insights from the last week ⬇️
Insights from CryptoOnchain revealed a significant drop in Bitcoin miners' reserves, reaching the lowest point since April 2021. This highlighted the increased selling pressure in the market. Notably, this trend has been particularly strong since November, indicating a major shift in market dynamics.
Phi Deltalytics raised concerns about a worrying trend: Bitcoin's price was on the rise, but the number of active addresses wasn't following suit.
Analysis from Crypto Dan showed that on-chain data indicated a surge in profit-taking by short-term BTC holders, a pattern similar to what we've seen at the peaks of previous bull markets. With this trend of profit realization pointing towards a critical moment for Bitcoin's price trajectory.
To view all our analyst's latest market insights, explore Quicktake.
Explore Quicktake | @cryptoquant_official
After Selloff: Next Steps for Traders & Review of Popular On-Chain Data
“Is the bull market over? There is no major indication the bull market is over. Historically, Bitcoin cycles never stopped at previous all-time highs.” – Link
By Papi | @cryptoquant_official
“Is the bull market over? There is no major indication the bull market is over. Historically, Bitcoin cycles never stopped at previous all-time highs.” – Link
By Papi | @cryptoquant_official
Current Market is Dominated by Shorts
“The historical pattern shows that after a period of dominant market shorts, Bitcoin price either moves sideways or rebounds sharply.” – Link
By SignalQuant | @cryptoquant_official
“The historical pattern shows that after a period of dominant market shorts, Bitcoin price either moves sideways or rebounds sharply.” – Link
By SignalQuant | @cryptoquant_official
The countdown is on to the Bitcoin halving.
Join our Head of Research, Julio Moreno, Bizantine Capital's March Zheng and CoinDesk's Sam Reynolds on Thursday at 11 a.m. ET to dive deep into what to expect from the markets.
Set a Reminder | @cryptoquant_official
Join our Head of Research, Julio Moreno, Bizantine Capital's March Zheng and CoinDesk's Sam Reynolds on Thursday at 11 a.m. ET to dive deep into what to expect from the markets.
Set a Reminder | @cryptoquant_official
Time to Wait Until Additional Buying Power from U.S. Institutions & Whales
“The Coinbase premium has continued to be negative since March 14th, when Bitcoin entered the adjustment period, and has continued to be negative” – Link
By Crypto Dan | @cryptoquant_official
“The Coinbase premium has continued to be negative since March 14th, when Bitcoin entered the adjustment period, and has continued to be negative” – Link
By Crypto Dan | @cryptoquant_official
Join us today on X Spaces! As we dive into the ETF boom and the Bitcoin Halving.
With CryptoQuant’s Head of Research, Julio Moreno, Bizantine Capital's March Zheng and CoinDesk's Sam Reynolds on today at 11 a.m. ET to dive deep into what to expect from the markets.
Set a Reminder | @cryptoquant_official
With CryptoQuant’s Head of Research, Julio Moreno, Bizantine Capital's March Zheng and CoinDesk's Sam Reynolds on today at 11 a.m. ET to dive deep into what to expect from the markets.
Set a Reminder | @cryptoquant_official