📰 The derivatives market has shifted to an optimistic state ahead of the Fed meeting Data from #CryptoQuant shows that investor sentiment has changed dramatically as Bitcoin surpassed the $70,000 mark: - Short positions have been liquidated en masse as prices recover. - New long positions are being established strongly above 73,000 #usd - The market structure has reversed with an absolute advantage belonging to the buyers on the futures exchange. 👉 The market is betting on a positive scenario from the upcoming macroeconomic decisions of #Fed
📰 Developer #Ethereum spent 17 million #usd to acquire an additional #ETH Data from the blockchain shows that the wallet linked to veteran developer bill.eth has just made a significant accumulation: - Total expenditure: 17.46 million USD. - Volume: 7,769 ETH. - Average purchase price: 2,248 USD each. - Execution time: Confined to the last 2 hours. 👉 The fact that those knowledgeable in core technology are directly buying in shows confidence in the long-term value of the network despite short-term volatility.
📰 ShapeShift founder Erik Voorhees starts accumulating #Ethereum On-chain data shows Erik Voorhees is accumulating $ETH after a year on the sidelines: - One year ago: Sold 12.886 #ETH at a price of 3.324 USD (netting 42.8 million USD). - Last 5 days: Spent 17.75 million USDT to buy back 8.576 ETH at a price of 2.069 USD. - Currently: Still holding 26.77 million #USDT , indicating the possibility of further purchases. 👉 This move indicates a seasoned investor has identified a reasonable value range to reallocate capital into the underlying asset.
📰 The market #bitcoin signals recovery from technical indicators After a prolonged decline, on-chain data begins to show notable improvements: - Market capitalization #stablecoin has increased by 8 billion #usd since the beginning of February, indicating new capital is flowing into the system. - The IPF index has turned positive as BTC moves strongly to derivative exchanges, reflecting a resurgence in trading sentiment. - The profits of investors on-chain show signs of stabilization after the sell-off pressure. 👉 Although the growth trend is still fragile, improving liquidity is a necessary foundation for the market to escape the negative phase.
📰#bitcoin : The cycle is shortening and the changes from ETF funds Historical data shows that the time for Bitcoin to reach new all-time highs (ATH) is decreasing with each cycle: - Cycle 2017: It took 1180 days to reach a new peak. - Cycle 2021: It took 1093 days. - Current cycle: Expected to be only 849 days left. The approval of Bitcoin ETFs at the beginning of 2024 has broken the old rules, causing prices to reach new peaks even before the halving event occurs. Although Halving is no longer the only price-driving force, it still plays an important role in reducing selling pressure from miners and curbing asset inflation. 👉 The market is maturing, reducing extreme cyclical behavior and prioritizing long-term accumulation investors over short-term speculators.
📰 #TRON✅ leads in revenue in the market #blockchain Tron (TRX) officially surpasses other networks to secure the first position in terms of revenue: - In the past 24 hours: Reached 947,000 USD. - In the past 7 days: Reached 5.42 million USD. - In the past 30 days: Reached 24.96 million USD. These figures show Tron’s dominance over the rest of the market in terms of cash flow generation from network activities. 👉 The actual operational performance of Tron is maintaining at a high level despite the overall market volatility.
Just 3 days ago, Jackyi from Trend Research said that any amount $ETH below $2,000 is a buying opportunity. Today, he borrowed and short-sold 27,000 ETH (55.72 million USD). A wallet possibly related to sent 100 million $USDC to #Aave 5 hours ago, then borrowed 27,000 $ETH (55.72 million USD) and transferred to #Binance to sell.
#BTC has formed a Spinning Top candle (small spinning candle) on the daily chart. One of the candles that appears at the peak of a recovery phase will reverse the trend. If in the next few days the price does not exceed 72 and 74, then it is very likely that #BTC will create a new lower bottom $ 60k$
Yesterday, the total net inflow into the funds #ETFbitcoin on the spot reached approximately $246.9 million, reflecting the ongoing interest of investors in this leading cryptocurrency. In contrast, the funds #ETFEthereum on the spot recorded a net inflow of about $12.6 million, indicating a more modest but still significant participation in this second largest digital asset. #BTC #bitcoin
📰 Network activity #Ethereum reached a record but the price still remains under pressure The on-chain metrics of Ethereum (active addresses, transactions, smart contract interactions) have currently surpassed the peak of 2021. However, the price #ETH is still more than 50% lower than that period due to severe liquidity decline. - Network activity: Strong growth, surpassing the old record. - Price volatility: Down more than 50% from the peak. - Reasons: Netflow is pulling out of the ecosystem. 👉 This divergence shows that the value of network usage does not equate to market capitalization value when global liquidity tightens.
📰 MicroStrategy #MSTR accelerates accumulation #bitcoin through stock issuance MicroStrategy recorded a record stock issuance in one day to acquire approximately 1,420 #bitcoin . The company also adjusted its sales agreement, allowing brokers to trade outside of business hours to optimize the capital raised. - Trading volume reached 300 million #usd , double the average over 30 days. - 1,420 #BTC was added to the reserve asset portfolio. - The new stock issuance mechanism allows for flexible capital raising 24/7. 👉 Bitcoin is transitioning from a speculative asset to the core of corporate treasury management strategy, maximizing the liquidity of the stock market.
📰 The leverage ratio #Bitcoin dropped to a record low of #Binance Data recorded a wave of liquidations and position closures across the board as the estimated leverage ratio fell from 0.198 to 0.152 since February. This adjustment reflects a strong risk cleansing process after a period of high volatility. - The leverage ratio dropped more than 23% in a short time. - Over-leveraged positions have been eliminated from the system. - Short-term speculative sentiment has clearly cooled. 👉 #thitruong is resetting its capital structure towards a healthier direction, shifting from risky leverage to the stability of own capital. $BTC