ELR still leaves room for bullish momentum.
"...the leverage level still gives Bitcoin room for a further bullish momentum to $27100."
― Link
by BaroVirtual | @cryptoquant_official
Healthy level of Leverage
"With the estimated leverage ratio not over-heated, the market could see continued bullish strength in February."
― Link
by Phi Deltalytics | @cryptoquant_official
Derivative-data as short-term trading tool
"Yesterday's price action resulted from aggression in the futures market, which gave a great example of how to read this derivative data."
― Link
by maartunn | @cryptoquant_official
BTC - 2023 is the best time to accumulate
"...it seems better to take a more conservative and long-term split-buy approach."
― Link
by Dan Lim | @cryptoquant_official
PAXOS AND $BUSD FUD: BITCOINS OUT, BUSD IN
"Bitcoin outflows from Binance (about 3.5k $BTC) and large deposits of $BUSD(+200M$) in all CEX"
― Link
by Vadym_Za | @cryptoquant_official
BTC: Has it truly entered a bull transition phase?
"We have passed the Bottom Discovery phase and entered the Transition phase."
― Link
by Yonsei_dent | @cryptoquant_official
Traders are selling #Ethereum on the most aggressive since May '22 😬
"Traders on Ethereum are escaping the market through market orders, which is pushing the price down."
― Link
by maartunn | @cryptoquant_official
Spent Output Profit Ratio is looking for a retest
"In the most ideal situation, a retest will happen as we did a few days ago and bounce from there."
― Link
by maartunn | @cryptoquant_official
Weekly Bitcoin Highlights (2023.02.09)
"As NFTs are stored on-chain, Bitcoin network activity surges to two-year highs."
Link | @cryptoquant_official
📑Weekly Fud Buster Dashboard
- Digital artifacts, immutable NFTs, are taking over Satoshi signatures in Bitcoin.
- Are old whales giving up their Bitcoin holdings to TradFI?
- Ethereum Shanghai Fork, scheduled for March
- Binance's re-entry into the Korean market
Dashboard | @cryptoquant_official
Bitcoin Enters Technical Golden Cross and a New Paradigm
"As a summary, bitcoin currently sits at an intersection of multiple crucial indicators, heading into a new paradigm."
― Link
by oinonen_t | @cryptoquant_official
Assessing a possible price correction for Bitcoin.
CryptoQuant's research team assessed the current value of Bitcoin using
(1) Valuation Metrics (P&L Index, Cycle Indicator)
(2) Short-term holders' on-chain behavior
(3) Whales' and long-term holders' on-chain behavior
Dashboard | @cryptoquant_official
STH SOPR with MA30d reaches 14-month high
"When retail starts to get euphoric, the probability of a near-term price top starts to increase."
― Link
by G a a h | @cryptoquant_official
If the circulating supply of stablecoins does not increase further, the crypto market will enter a bear market again.
"The recent short-term increase in the circulating supply of stablecoins has led to an explosive rise in bitcoin prices, but a dead cross may occur again."
― Link
by crypto sunmoon | @cryptoquant_official
MORE THAN 82% OF THE UTXOs ARE IN PROFIT
"This tells us that many new UTXOs were created below 19.000$ - $20,000 where investors accumulated more $BTC."
― Link
by Vadym_Za | @cryptoquant_official
The BUSD situation after Paxos' announcement.
CryptoQuant's research team assessed the current updates of BUSD.
- Total redeemed supply
- Exchange reserve outflows
- BUSD pegging status
Dashboard | @cryptoquant_official
Weekly Bitcoin Highlights (2023.02.16)
"Optimism Among Investors in Derivative Markets Regarding Bitcoin and Ethereum, Yet One Metric To Keep an Eye on"
Link | @cryptoquant_official
We're supporting Turkey's earthquake relief efforts by donating all our profit generated from Turkey last year (2022).
We encourage all in the crypto industry to show their support.
Please share this message for more support for the recovery🙏
Dashboard | @cryptoquant_official
📑Weekly Fud Buster Dashboard
- Will CEX staking-as-a-service be limited to US retail investors?
- Will Bitcoin NFTs threaten Ethereum NFTs?
- Why did ENS DAO sell 10K ETH?
Dashboard | @cryptoquant_official
$BUSD Updates
Proof of Reserve Dashboard
BUSD All Exchanges' Netflow (Hourly)
@cryptoquant_official
The Bitcoin chart has revealed a unique pattern
"This pattern was last seen in 2019, 2015 and 2012, following which Bitcoin underwent a long-term rising trend."
― Link
by Grizzly | @cryptoquant_official
Buying pressure from Coinbase users.
"Interestingly, the recent significant increases in Bitcoin price are supported significantly by Coinbase investors."
― Link
by IT Tech | @cryptoquant_official
Increased selling by short-term hodlers and miners below numerous technical resistances
― Link
by CryptoOnchain | @cryptoquant_official
The SOPR ratio confirms the first steps of a trend change in an upward direction.
"Currently, the crossover is so close, and TRIX (50) has been positive value."
― Link
by BinhDang | @cryptoquant_official
With active transactions ON exchanges, the possibility of both opportunities and crisis are rapidly growing
"...institutional investors who prefer over-the-counter trading are less interested in the coin market.."
― Link
by SignalQuant | @cryptoquant_official
The Power of Realized Capitalization
"The recent analysis of the Realized Capitalization (1D) metric suggests that the Stoch RSI oscillator is in the OVERBUYING zone."
― Link
by AxelAdlerJr | @cryptoquant_official
What is the whale's intention?
"In the recent rise, the Total Transaction Count of BTC has risen almost as much as the 2021 bull market."
― Link
by Dan Lim | @cryptoquant_official
Weekly Bitcoin Highlights (2023.02.02)
"Elevated BTC Whale Activity in Exchanges and Positive Liveliness Metrics for Ethereum"
Link | @cryptoquant_official
📑Weekly Fud Buster Dashboard
- Don't panic at the false positive whale alert!
- Regardless of the doubts about $BTC, it's standing firmly and growing continuously.
- Have some AAVE lenders shorted $GUSD?
Dashboard | @cryptoquant_official