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
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
Ethereum’s Signs of Strength
“A decrease in the exchange reserves means there isn’t much selling pressure in the Ethereum market. If this steep downtrend continues, the price could go up even further.” – Link
By SimonaD | @cryptoquant_official
BTC Distribution Hasn't Started Yet, we Are Far From it
“BTC % supply in profit over 99%. It can last that way for months in bullmarkets with pullbacks in the middle. We are just getting started.” – Link
By elcryptotavo | @cryptoquant_official
Every revolution needs a symbol.
Join the movement to put a Bitcoin emoji on keyboards across the globe.
A symbol for our united vision, its global influence, and profound cultural impact, this movement further cements Bitcoin in the mainstream.
Sign the BitcoinEmoji petition: bitcoinemoji.org
Crypto Market Liquidity Surges, Surpasses All-Time High
“The increase in stablecoin supply can indicate purchase demand not only for Bitcoin but also for other coins, and to that extent, the current market atmosphere can be interpreted as positive.” – Link
By Crypto Dan | @cryptoquant_official
Korea Premium at 2-Year High
“The Korea Premium Index (KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is 'at the highest trend level' in the past two years.” – Link
By SignalQuant | @cryptoquant_official
🔥 Bitcoin Overheating Signals and Correction Risks That Shouldn't Be Overlooked
In the midst of Bitcoin's current bullish trend, certain metrics have emerged, suggesting the market might be entering an overheated state. Here's what you need to know ⬇️
1️⃣ Market Cycle Analysis: The Bull-Bear Market Cycle Indicator shows the market has entered an Overheated-Bull phase, following the surge in prices beyond the $65K mark. This phase often precedes market corrections.
2️⃣ Miner Profitability: The profitability for miners has reached unprecedented levels, the highest since December 2023. While beneficial for miners, historically, such peaks have preceded market adjustments.
3️⃣ Profit Margins Among Traders: Currently, unrealized profit margins for traders stand at 57%. This figure is significant, as similar levels have historically been indicators of forthcoming market corrections.
4️⃣ Short-term Holder Activity: There's a noticeable trend of short-term holders liquidating their holdings at profit margins not seen since February 2021. This behavior could introduce additional selling pressure into the market.
Live Dashboard | @cryptoquant_official
Whale Bitcoin Holdings Skyrocket!
Note: We're tracking those with 1k-10k BTC, excluding exchanges and mining pools – Link
By Julio Moreno | @cryptoquant_official
Bitcoin miners earned the second highest daily revenue yesterday: $75.9M.
The record is $77.3M on April 14, 2021.– Link
By Julio Moreno | @cryptoquant_official
Observing the Distribution Trend of LTH Over the Past Two Days
“Over 4,000 BTC were consumed each across the 6m~5y cohort over two days, a similar trend to the end of February, about a week ago. What is noteworthy is, the consumption scale of the 6m-12m cohort is recorded at approximately 18,000.” – Link
By Yonsei_dent | @cryptoquant_official
Bears are in shock and fear, 3 recent short squeezes
"What has frustrated them is US institutional investors. The Coinbase premium is at its highest since September last year. "
– Link
By MAC_D | @cryptoquant_official
Bitcoin Enters Strong Bull Zone
“This is a zone in which the proportion of Bitcoin currently suffering losses is very low. Generally, in a full-fledged bull market, it stays in this zone for about 6 months to 1 year. ” – Link
By Crypto Dan | @cryptoquant_official
The Inflow of New Investors is Accelerating
“New investors are flowing in, and in the near future we can expect the influx of many new “individual” investors.” – Link
By Crypto Dan | @cryptoquant_official
2024 Bitcoin Bull Market Will Be Led by Institutions
“The consistent downtrend in Exchange Depositing Transactions can also suggest that retail investors have not entered Bitcoin yet. Google search trends show a low reading on Bitcoin, despite price nearing the all time highs in 2021.” – Link
By DanBTC916 | @cryptoquant_official
The Coinbase Premium Index's recent dip below 0.05 highlighted a moment of weakened US buying pressure—hours before the BTC correction.
Don't miss your next opportunity. Set your alert now.
Set Alert | @cryptoquant_official
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
Spot ETFs are driving significant demand for Bitcoin, as seen by transfers of assets out of Coinbase to storage wallets.
As long as more Bitcoins are leaving exchanges than entering, it could be harder to find bitcoins to buy, which can lead to a supply shock and potentially drive up prices.
Live Chart | @cryptoquant_official
Leverage, Leverage, Leverage
“The appetite for leverage is through the roof. It is often not a good sign when every single trader agrees that the market is going higher and uses leverage to back their conviction.” – Link
By MadsEberhardt_Steno | @cryptoquant_official
It's Happening Again This Time as Well
“We are seeing a strong price surge once again as it breaks through the accumulation zone.” – Link
By Mignolet | @cryptoquant_official
Bitcoin has blown past 70k. It’s gone up +10% in the last seven days and hit a new ATH.
One thing to track is Bitcoin inflows into accumulation addresses.
This is a signal of growing demand from investors. Which has been at high levels, especially this year. – Link
Dashboard by Ki Young Ju | @cryptoquant_official
AI & On-Chain Driven Analysis: Predicting the End of Bitcoin's Profitable Cycle
“We can speculate that there is a potential possibility that the growth cycle could end in about the next 100-150 days” – Link
By IT Tech | @cryptoquant_official
It’s Not Yet the Peak of the Bull Market
“The number of active addresses rises twice in a cycle, first when a bear market ends and start bull market, and secondly when the market reaches near the peak of the bull market.” – Link
By Crypto Dan | @cryptoquant_official
Retailers Take Profits Again
“The realization flow of this category of Investors increases the risk of a local top formation accompanies, since these traders provide liquidity for large players to fill orders.” – Link
By G a a h | @cryptoquant_official
Is Ethereum In The Same Condition As It Was Back In 2021?
“Ethereum's funding rates have seen a significant uptick, reaching levels reminiscent of late 2020 when Ethereum was poised for a robust bullish rally toward its all-time high.” – Link
By Shayan_7 | @cryptoquant_official
Current Correction is Very Beneficial for Bitcoin Positivity
“According to this indicator, positivity continues, accompanied by strong fluctuations in the coming days.” – Link
By abramchart | @cryptoquant_official
“I do think when the year is said and done, ETH will have outperformed BTC."
Matthew Sigel, VanEck's Head of Digital Assets, shares his bullish outlook for Ethereum in 2024, amidst the Bitcoin halving year.
Dive into his insights on the halving, regulations & crypto AI.
Watch Now | @cryptoquant_official
BTC New Investors at 10.62% in the Last Week, Suggesting a Possible Bullish Rally
“This increased proportion of short-term investors means that we are at a critical juncture where we are likely to see significant price movements.” – Link
By MAC_D | @cryptoquant_official
BTC in Loss Reaches Historic Lows
“As this indicator remains in the extreme region of the distribution, the risk of price corrections increases exponentially.” – Link
By G a a h | @cryptoquant_official
Is Bitcoin in a Different Cycle Than in the Past?
“If the current Bitcoin cycle is like past A cycles, then a strong short-term price decline is likely to occur.” – Link
By crypto sunmoon | @cryptoquant_official