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Bitcoin opened the week with a strong rebound, climbing back above the $88,000 mark for the first time in several weeks. As of today, BTC trades at approximately $88,025, representing a 6.2% increase over the past week. This recovery follows a volatile period where the asset experienced significant resistance below the $85,000 price level. While this upward price action has brought renewed optimism to the market, analysts are also highlighting underlying factors that could influence Bitcoin’s near-term direction. One of the most notable trends is a spike in leverage, signaling that derivative traders may be playing a larger role in driving price movements. Related Reading: Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details Bitcoin Open Interest Surges, Signaling High-Leverage Activity According to on-chain data shared by CryptoQuant analyst IT Tech, Bitcoin’s Open Interest (OI) has reached a record high above $32 billion. Open Interest refers to the total value of outstanding derivative contracts—such as futures and options—that have not yet been settled. A rising OI alongside a rising price can indicate growing bullish sentiment, but it can also be a signal of increased risk if the market becomes overly leveraged. IT Tech noted that while the rally has sparked enthusiasm, it comes with a caveat. “High OI combined with rapid price increase often leads to liquidation cascades if the trend reverses,” the analyst wrote. If bulls fail to maintain momentum, over-leveraged positions may be liquidated, triggering a sharp correction. Monitoring sudden shifts in OI and price will be critical in the coming days. BTC Market Alert: Leverage-driven pump “Open Interest (OI) hit record levels above $32B as BTC price surges near $87.5K. But here’s the catch: High OI + Rapid Price Increase = Risk of Liquidation Cascades!” – By @IT_Tech_PL Full post ⤵️https://t.co/BzEOKHgPLI pic.twitter.com/DHL0MGedSR — CryptoQuant.com (@cryptoquant_com) March 24, 2025 Mixed Signals from Analysts on What’s Next Despite concerns over leverage, some analysts remain optimistic. Javon Marks, a technical analyst active on X, suggested that Bitcoin may be in the early stages of another major breakout. “Bitcoin looks to be working on another massive bullish breakout,” Marks said, adding that altcoins could soon follow suit. On the other hand, analyst Ali offered a more cautious outlook, citing the TD Sequential indicator as a potential sign of an upcoming short-term top. Related Reading: Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch He highlighted key price levels for traders to watch, pointing to a significant support zone between $82,590 and $85,150, where over 625,000 BTC were previously accumulated. Meanwhile, resistance looms between $95,400 and $97,970, a region that could see strong selling pressure due to past investor activity. Featured image created with DALL-E, Chart from TradingView

Bitcoin is beginning to show signs of a strong recovery after recent consolidation. The asset has moved past the $87,000 level, gaining approximately 5.2% over the past week and 3.4% in the last 24 hours. This uptick in performance marks a notable contrast to the steady downtrend observed in recent weeks, offering traders renewed momentum and sparking discussions around broader market sentiment. One of the key developments supporting this shift appears to be rising liquidity on major exchanges. CryptoQuant analyst Darkfost highlighted that the amount of ERC-20 stablecoins held on Binance has reached a new all-time high, now surpassing $31 billion. Binance continues to lead in trading volume among centralized exchanges, making this metric particularly important for analyzing near-term price action. Related Reading: Bitcoin Price Shows Stronger Recovery Signs—Upside Move in Focus Stablecoin Accumulation and Investor Sentiment According to Darkfost’s analysis on CryptoQuant’s QuickTake platform, the increasing stablecoin reserves suggest growing confidence among Binance users. These funds may represent capital being positioned for reentry into crypto markets, potentially signaling a wave of buying pressure. Additionally, Binance may be accumulating stablecoins to manage liquidity for ongoing investor demand or hedging strategies. Notably, stablecoin balances on exchanges are often used as an indicator of future market participation. When reserves increase, it typically reflects investor readiness to deploy capital into assets like Bitcoin and Ethereum. While this trend does not guarantee immediate upward price movement, it generally aligns with improving sentiment and rising demand. ????Stablecoin on Binance ATH ! The amount of stablecoins (erc-20) available on Binance has just reached a new all-time high, surpassing $31 billion. Seeing these stablecoins growing and remaining on Binance is generally a positive sign. pic.twitter.com/UJeX20XlBH — Darkfost (@Darkfost_Coc) March 23, 2025 Bitcoin Short-Term Cost Basis Levels to Watch In another report, CryptoQuant analyst Burak Kesmeci outlined important cost levels for Bitcoin investors based on holding duration. These “cost basis” levels represent the average entry price for groups of investors segmented by how long they’ve held their Bitcoin. Monitoring these ranges helps assess which price levels may act as support or resistance in the market. Kesmeci identified four key price bands: $85,000 for holders between 1 to 4 weeks, $89,000 for 3 to 6-month holders, $98,000 for 1 to 3-month holders, and $63,000 for those holding between 6 to 12 months. Related Reading: Bitcoin Price Stuck In A Loop? Here’s Why $87,000 Could Be Crucial These zones are important because short-term investors often react to these levels—either taking profit or exiting when the price approaches their average entry cost. A move above $89,000, for example, could flip this zone into support and potentially open the path toward retesting higher levels closer to $98,000. Featured image created with DALL-E, Chart from TradingView

The price of Bitcoin has been moving mostly sideways over the past week, briefly flirting with the $87,000 level on Thursday, March 20. The latest on-chain data suggests that this choppy market condition might not improve soon, as the premier cryptocurrency might be at risk of downward pressure over the coming weeks. What Does Rising Exchange Whale Ratio Mean For Price? In a Quicktake post on the CryptoQuant platform, an analyst with the pseudonym EgyHash revealed that the activity of Bitcoin whales on centralized exchanges has been rising in the past few weeks. The on-chain analyst offered insights on how this budding trend could impact the price dynamics of Bitcoin. Related Reading: XRP Price To $27: Why Current ‘Boredom Phase’ Could Trigger Epic Rally This on-chain observation is based on the changes in the “Exchange Whale Ratio” metric, which calculates the ratio between the sum of the top 10 largest transfers into centralized exchanges and the total exchange inflow. For context, the 10 largest exchange inflows are from whale addresses — entities that hold significant influence on the market due to their substantial crypto holdings. This Exchange Whale Ratio indicator offers insight into the activity of this investor class relative to the other investors in the crypto market. A high value for this metric suggests that the 10 largest exchange inflows are cumulatively larger than the incoming transfers from the rest of the market. Conversely, when the Exchange Whale Ratio is low, it implies that whales contribute a relatively healthy part of funds flowing into centralized exchanges. According to the Quicktake analyst, the Bitcoin Exchange Whale Ratio has climbed to levels not seen since last year. The chart below shows that this metric has been on the rise since December 2024 before reaching a new high of over 0.6 in the past week — and for the first time since September 2024. Typically, inflows into centralized exchanges tend to negatively impact the value of the flagship cryptocurrency, as selling is one of the services offered by these platforms. Egyhash noted that the steady rise in the Exchange Whale Ratio could be a bearish signal for the price of Bitcoin, as it indicates that large investors might be pulling out of the market.  Moreover, whales sending their assets to exchanges can trigger a sell-off cascade, as other investor cohorts often monitor their trades due to their significant market influence. Ultimately, the selling pressure that might result from the rising Exchange Whale Ratio could threaten Bitcoin’s future trajectory.  Bitcoin Price At A Glance As of this writing, the price of Bitcoin is sitting just above the $84,000 mark, recording no significant movement in the past 24 hours. Related Reading: Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?  Featured image created by DALL-E, chart from TradingView

Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks. This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty as traders assess macroeconomic conditions and upcoming Federal Reserve policy decisions. In the midst of the stagnation from BTC’s price, on-chain data is offering contrasting signals on where the market might be headed next. Analysts have pointed to fluctuations in buying and selling pressure on major exchanges, particularly Binance, as key indicators of short-term market sentiment. Related Reading: Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says Surge in Binance Net Taker Volume CryptoQuant analyst Darkfost recently highlighted a notable spike in net taker volume on Binance, the world’s largest centralized crypto exchange. According to Darkfost, net taker volume surged by $467 million in a single hour—marking the highest level recorded in 2025 so far. This metric, which measures the difference between aggressive market buys and sells, is often used to gauge the immediate sentiment of active traders. A positive value indicates stronger buying activity and has historically signaled short-term bullishness. Darkfost emphasized that this uptick in taker volume occurred just prior to the recent FOMC meeting, suggesting that some traders may be positioning for favorable policy outcomes. While the data only reflects an hourly time frame and may not imply long-term directional change, the movement could signal a broader shift in sentiment among active participants, especially given Binance’s influential position in global crypto markets. ???? Buying pressure from Binance traders might be back. — Binance is the CeX with the highest trading volume, making it particularly relevant for data analysis. — The net taker volume is a powerful metric for gauging trader sentiment, as it measures the volume of market buys and… pic.twitter.com/enI1VMAixf — Darkfost (@Darkfost_Coc) March 20, 2025 Bitcoin Whale Activity Returns as Exchange Ratios Spike Meanwhile, another CryptoQuant analyst, EgyHash, provided a more cautious interpretation of recent activity. According to his analysis, the Bitcoin Exchange Whale Ratio—defined as the share of total exchange inflows coming from the top 10 largest addresses—has surged to its highest point in over a year. This ratio is closely monitored because spikes often precede increased selling pressure, especially when large holders move funds to exchanges. While not a definitive indicator of immediate liquidation, the rise in whale-driven deposits suggests that some major players may be preparing for reallocation or profit-taking. Related Reading: The Fed Blinked — The Bitcoin Bull Run Return Is Now Inevitable Combined with stagnant price action, this metric implies that Bitcoin’s current price level may be approaching a decision point, where the market direction will be determined by the balance between new demand and potential supply from large holders. Featured image created with DALL-E, Chart from TradingView

Bitcoin continues to experience short-term volatility, struggling to maintain momentum above key resistance levels. After recently attempting to break back above the psychological $90,000 level, the asset has pulled back again. As of the time of writing, Bitcoin is trading at approximately $83,239, down 2.2% over the past 24 hours and nearly 23% below its all-time high above $109,000 reached in January. Despite this, some analysts suggest underlying indicators may point toward a potential market rebound if specific conditions align. Related Reading: Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally? Stablecoin Trends Offer Insight into Bitcoin Market Liquidity Crypto Dan, a contributor to the CryptoQuant QuickTake platform shared an analysis titled “Comparison of the March 2024 Correction and the Current Market,” focusing on the relationship between stablecoin supply and Bitcoin’s price behavior. According to Dan, the flow of stablecoins into the market can serve as a proxy for measuring potential buying power, with higher stablecoin reserves typically associated with increased purchasing capacity among market participants. Dan noted that during the March–October 2024 correction phase, the supply of stablecoins remained relatively low or declined, contributing to a more prolonged bearish trend. In contrast, the current correction has been accompanied by a gradual increase in stablecoin supply, which may indicate that market participants are preparing to re-enter positions as they await favorable conditions. Dan wrote: The current market is in a state where it is ready to rise quickly whenever strong catalysts emerge. Patience remains essential in the investment market. While it is premature to declare the end of the bullish cycle, the market continues to present conditions worth monitoring closely. Notably, this upward trend in stablecoin reserves suggests that investors are not fully exiting the market but are instead adopting a wait-and-see approach, holding liquidity in stablecoins while watching for confirmation of a trend reversal. This behavior often precedes renewed buying activity when confidence begins to return. Sentiment Signals Shift on Binance as Ratio Turns Positive Another CryptoQuant analyst, Burak Kesmeci, analyzed the Taker Buy Sell Ratio on Binance—an exchange widely viewed as a leading barometer of retail and institutional sentiment due to its high trading volume. The Taker Buy Sell Ratio measures the aggressiveness of buyers versus sellers, with values above 1.00 indicating that buyers are initiating more trades than sellers. Kesmeci observed that this ratio has been steadily forming higher lows over the past ten days and recently transitioned from the negative to the positive zone. Related Reading: This Bear Market Indicator Says Bitcoin Price Is Headed For Crash To $40,000, Here’s When This shift could suggest that sentiment among active traders is improving, potentially setting the stage for upward price movement if this trend continues. Kesmeci explained: If the Taker Buy Sell Ratio remains above 1.00, especially considering Binance’s market influence, Bitcoin’s uptrend from the $76,600 region could see continuation. Featured image from DALL-E, Chart from TradingView

The Bull Score Index, a measure of Bitcoin's market health, is currently at a low 20, indicating a possible structural shift in market dynamics.

Bitcoin is currently demonstrating signs of recovery, with its price climbing above $86,000, marking a 2.7% increase in the past day. Despite this recent uptick, BTC remains approximately 20% below its all-time high of $109,000, recorded in January. While the asset’s price action is known to be a focal point for analysis, on-chain data provides deeper insights into Bitcoin’s market behavior. One of CryptoQuant’s analysts, Onchained, recently shared an analysis of Bitcoin’s Realized Capitalization and UTXO Value Bands, shedding light on the distribution of Bitcoin ownership among different investor groups. Related Reading: Bitcoin Bull Run Isn’t Over: Cathie Wood Predicts $1.5 Million Understanding Bitcoin’s Realized Cap and Investor Behavior Onchained’s research highlights the significance of Realized Capitalization (Realized Cap) as a metric distinct from traditional market capitalization. Unlike the market cap, which calculates the total circulating supply at the current price, the Realized Cap evaluates each Bitcoin’s value based on its last transaction. This provides a more precise measure of Bitcoin’s valuation by accounting for actual network activity rather than speculative price movements. One key observation is that a significant portion of Bitcoin’s Realized Cap is concentrated within high-value UTXOs (Unspent Transaction Outputs). Onchained’s data reveals that wallets holding transactions valued at over $1 million collectively account for $675 billion, making up approximately 78% of BTC’s total realized capitalization. This suggests that institutional investors and high-net-worth individuals are playing a dominant role in shaping Bitcoin’s current market structure. Tracking UTXO Value Bands, Onchained explains that segmenting BTC transactions into different value categories (such as $1-$100, $1K-$10K, and $1M+) allows analysts to determine which investor classes are actively accumulating or distributing their holdings. The dominance of large wallets in the network’s Realized Cap indicates that major BTC holders are in a strong position, potentially supporting price stability or even driving future growth. Institutional Activity and Future Market Trends Another crucial insight from Onchained’s analysis is the growing involvement of institutional investors. The research suggests that the movement of Bitcoin’s Realized Cap within the UTXO Value Bands indicates steady accumulation by these high-value holders. The continued dominance of institutional wallets in Bitcoin’s Realized Cap highlights a long-term confidence in BTC as a strategic asset. Additionally, the increase in BTC outflows from exchanges—a trend identified by another CryptoQuant analyst, Woominkyu—further reinforces the notion that institutional investors are accumulating BTC. A rising Coinbase Premium Index, which tracks the difference between Bitcoin’s price on Coinbase and other exchanges, is often a signal of increased institutional buying pressure. Related Reading: Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support If these trends persist, BTC could experience a supply squeeze, driving prices higher as demand continues to outweigh selling pressure. While volatility remains a factor, the heavy concentration of BTC among large holders may provide strong support for the asset in the coming months. Featured image created with DALL-E, Chart from TradingView

Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have significant implications for the market’s trajectory. According to CryptoQuant analyst onchained, a distinct group of Bitcoin holders with at least 1,000 BTC—acquired within the past six months—has been actively accumulating. This trend, which started in November 2024, has accelerated significantly in recent weeks, with these new whales amassing over 1 million BTC in total and adding more than 200,000 BTC just this month alone. Related Reading: Bitcoin’s Mining Difficulty Rises Despite Market Drop—What Does It Mean? New Whales Drive Market Accumulation Onchained’s analysis highlights that this unprecedented accumulation trend indicates strong confidence in Bitcoin’s long-term outlook. The rapid expansion of new whale holdings suggests that institutional investors or high-net-worth individuals are increasing their exposure to Bitcoin. The data further reveals that the majority of these newly acquired holdings are being retained for short periods (less than six months), reinforcing the idea that investors see value at current price levels and are willing to hold despite market fluctuations. If this accumulation trend continues, it could serve as a strong support mechanism for Bitcoin’s price in the coming months. Onchained also speculated that Bitcoin could revisit its all-time high and potentially break beyond it, mentioning possible price targets of $150,000 or even $160,000. However, market conditions, liquidity, and investor sentiment will play a crucial role in determining the sustainability of this trend. The Surge of New Bitcoin Whales “Since November 2024, these wallets have collectively acquired over 1 million BTC… Their accumulation pace has accelerated notably in recent weeks, accumulating more than 200,000 BTC just this month.” – By @0nchained pic.twitter.com/jVsFPjY8WA — CryptoQuant.com (@cryptoquant_com) March 18, 2025 Is Bitcoin Demand Weakening? While whale accumulation suggests strong long-term conviction, another CryptoQuant analyst, BilalHuseynov, has pointed out potential concerns about Bitcoin’s demand momentum. His analysis shows that Bitcoin saw peaks in demand in both March and December 2024, marking the first time two demand peaks have occurred in close succession. However, following the March peak, a significant decline in demand has been observed. Related Reading: Bitcoin Bull Run ‘Is Over’: CryptoQuant CEO Sounds The Alarm BilalHuseynov compared the current trend to previous market cycles, specifically the 2017-2018 period, when momentum peaks were followed by price fluctuations and a gradual decline in demand. While factors such as market size, trading volume, and liquidity have changed significantly since then, the current trend suggests that Bitcoin’s demand may be softening, which could impact price movements in the near term. Feature image created with DALL-E, Chart from TradingView

The Bitcoin price could be headed for more pain, as a crypto analyst has identified a new bear market indicator that suggests a crash to $40,000 is imminent. The analyst has predicted when this deep price decline is set to occur, warning investors to remain cautious or risk selling at a loss.  Xanrox, a crypto analyst on TradingView, shared a detailed price analysis of Bitcoin on March 17, predicting that the pioneer cryptocurrency is set to crash to $40,000 by 2026. The analyst revealed that Bitcoin follows a predictable cycle pattern tied to its halving events, which occur every four years. During these years, the market alternates between bull markets, where prices skyrocket, and bear markets, marked by severe corrections.  Bear Market Indicator Predicts Next Bitcoin Price Crash Historically, bull markets last between 742 and 1,065 days, which is about 2-3 years. Conversely, bear markets last between 364 and 413 days—approximately one year. Notably, every bull run for each cycle has been weaker than the previous one due to Bitcoin’s rapidly growing market capitalization. Related Reading: Crypto Pundit Arthur Hayes Says Be Patient After Bitcoin’s 36% Crash, Reveals Possible Bottom In every cycle, Bitcoin’s price crashes after a bull market, ultimately experiencing a decline between 77% to 86%. Reflecting on this recurring trend, Xanrox forecasts a major Bitcoin price correction, albeit a weaker one than those of previous cycles. The analyst believes that the cryptocurrency will crash 65% to $40,000, citing its significantly larger market capitalization and rapidly growing institutional adoption. He shared a price chart that highlights the various halving cycles and the magnitude of each bull market rally and bear market crash since Bitcoin’s inception. He pointed out that statistically, predicting Bitcoin’s movements with a simple chart has always been accurate, suggesting that his 65% crash prediction was inevitable.  Currently, Bitcoin’s considerable market capitalization of $1.63 trillion makes it unrealistic to achieve the extreme growth needed to reach a target of $300,000, $500,000, or even $1 million, as some moon analysts predict. Xanrox suggests that 2025 may be a bearish year, with the next Bitcoin bull run set to begin in 2026, after the bear market.  CryptoQuant Says BTC Bull Cycle Is Over Sharing a similar bearish sentiment about the current market, CryptoQuant’s founder and Chief Executive Officer (CEO), Ki Young Ju, has announced the unfortunate end of the Bitcoin bull cycle. Ju revealed that the market should expect 6 – 12 months of choppy price action, indicating the start of the bear market.  Related Reading: Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume He also highlights that every on-chain metric for Bitcoin is signaling a bear market, with fresh liquidity depleting while new whales are selling BTC at a significantly lower price. Moreover, Bitcoin is trading at $82,549, marking an over 20% price crash since its all-time high of more than $109,000 this year. Featured image from Unsplash, chart from Tradingview.com

CryptoQuant's founder is concerned about liquidity drying up.

The cryptocurrency market has witnessed diverging performances between its two largest assets, Bitcoin (BTC) and Ethereum (ETH). While Bitcoin has shown signs of recovery, gaining 3.8% over the past two weeks and reclaiming the $85,000 price level, Ethereum has struggled to keep up. ETH remains below the $2,000 mark, a level it fell below last week, currently trading just above $1,900. The disparity in performance between Bitcoin and Ethereum has drawn attention from analysts, particularly regarding Ethereum’s declining strength against Bitcoin in the derivatives market. Related Reading: Ethereum Price Consolidates and Eyes Recovery—Is a Bounce Incoming? Ethereum’s Decline Against Bitcoin: Key Market Trends CryptoQuant analyst SunflowrQuant recently analyzed the ETH/BTC market trends, noting that Ethereum has weakened against Bitcoin over the past two years, reflecting a drop in investor confidence and reduced speculative interest in ETH derivatives. According to SunflowrQuant, during the 2021-2022 period, Ethereum outperformed Bitcoin, signaling strong market interest and increasing activity in Ethereum-based derivatives at the time. However, since then, the ETH/BTC ratio and open interest have both declined, suggesting that Ethereum has been losing ground against Bitcoin in terms of market dominance. By March 2025, the open interest ratio of ETH futures had fallen to 0.15, while the ETH/BTC price ratio dropped to 0.02. This indicates that the bearish sentiment around Ethereum continues to dominate the market, as traders and investors shift their focus toward Bitcoin. The declining open interest in Ethereum perpetual futures contracts further reinforces the idea that traders are showing less speculative interest in ETH compared to BTC. What This Means for ETH’s Future Despite ETH’s underperformance, SunflowrQuant suggests that its current weakness may also reflect broader market fear and uncertainty. The analyst points out that crypto markets are often driven by emotions, and when sentiment reaches an extreme low, a rapid recovery could follow. Related Reading: This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time? Such low-liquidity conditions may lead to unexpected price movements, creating opportunities for ETH to regain strength in the ETH/BTC ratio. Historically, market downturns have been followed by periods of strong recovery, and Ethereum’s fundamentals remain intact. The analyst wrote: Emotional fluctuations and market fear could lead investors to act more cautiously and strategically. We may be at the foundations of new beginnings for Ethereum; just like in previous cycles, after tough times, a strong rebound may occur, reaching new highs. If investor confidence returns, ETH could potentially reverse its trend, similar to how it performed against Bitcoin in 2021-2022. However, this will likely depend on broader market dynamics, including institutional adoption, ETH’s network upgrades, and Bitcoin’s price stability. SunflowrQuant concluded: Looking at the price fluctuations in Ethereum, now could be the perfect time to be part of this transformative process. We are at the bottom of potential new beginnings and opportunities for ETH. Featured image created with DALL=E, Chart from TradingView

Crypto analyst The Cryptagon has raised the possibility of the Ethereum price mirroring Bitcoin’s 2018 to 2021 cycle, which he indicated was bullish ETH. This development comes amid record selling among ETH investors, which continues to exert downward pressure on the crypto.  Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle  In a TradingView post, the Cryptagon stated that Ethereum has been repeating Bitcoin’s 2018 to 2021 cycle very closely. He remarked that ETH’s long-term holders may remain bullish just by looking at this BTC cycle, seeing as ETH could achieve a similar end result like the flagship witnessed in that cycle.  Related Reading: Crypto Analyst Publishes Insanely Bullish Report For Ethereum, Here Are The Facts The analyst admitted that Ethereum has been under heavy pressure since early December last year and almost touched the 12-month falling support this week. However, despite this development, the Cryptagon suggested that this is not the time to be bearish on ETH, as it could still reach new highs as it mirrors Bitcoin’s 2021 cycle.  He noted that in the 2021 cycle, a rebound on the falling support caused a massive breakout above the falling resistance and the Bitcoin price rallied to the 1.618 Fibonacci extension. In line with this, the Cryptagon predicted that Ethereum could at least reach $8,000 in this market cycle as it repeats a similar price action.  This bullish outlook for Ethereum comes amid record selling, which threatens any bullish reversal for ETH. In an X post, Cryptoquant founder Ki Young Ju revealed that Ethereum has faced record active selling over the past three months.  This has contributed to ETH’s underperformance, with the altcoin being outperformed by other major altcoins like XRP and Solana over this period. While XRP touched its current all-time high (ATH) and SOL hit a new ATH, ETH has yet to come anywhere close to its current ATH.  The Most Important Price Level For ETH At The Moment In an X post, crypto analyst Ali Martinez, revealed that $1,887 is the most important support level for Ethereum at the moment. At this level, investors bought 1.63 million ETH. A drop below this level could lead to another massive crash for the second-largest crypto by market cap, with many of these investors possibly selling off their coins in order to cut their losses.  Related Reading: Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed Martinez has already raised the possibility of Ethereum crashing to as low as $800. He noted that the $4,000 price level had been holding a strong horizontal resistance trendline. However, ETH recently broke out of this trendline, which has significantly increased the probability of a 70% price drop to this $800 target.  At the time of writing, the Ethereum price is trading at around $1,893, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

Bitcoin’s price has continued its gradual decline, now trading just above $81,000, marking a significant drop from its all-time high (ATH) in January. At the time of writing, BTC stands at $81,086, reflecting a 1.7% increase in the past 24 hours but still showing a 2.3% decrease over the past week. The ongoing correction has raised concerns among investors about whether the asset will recover or enter a prolonged consolidation phase. While there is no definitive reason behind Bitcoin’s ongoing price movements, CryptoQuant analyst Darkfost has highlighted an interesting correlation between BTC and Nasdaq According to Darkfost, Bitcoin is currently more correlated with the Nasdaq index than with the S&P 500, suggesting that macroeconomic factors and broader market sentiment are playing a role in BTC’s performance. This correlation indicates that external market trends, such as changes in US equity markets and monetary policy decisions, might be influencing Bitcoin’s price direction. Related Reading: Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment Short-Term Holder SOPR and Bitcoin’s Market Cycle Amid Bitcoin’s price fluctuations, CryptoQuant analyst Kripto Mevsimi has examined the Short-Term Holder Spent Output Profit Ratio (SOPR) EMA (155), which provides insights into market cycles and investor behavior. According to Mevsimi, SOPR EMA (155) recently peaked and is now declining, signaling that short-term holders are realizing fewer profits. This trend could indicate that the market is entering a consolidation phase. The analyst further explained that if SOPR approaches 1 and holds as support, it may signal a healthy market reset before the next potential uptrend. However, if SOPR drops below 1, it could indicate increased selling pressure, which may lead to further market weakness. Mevsimi emphasized that for Bitcoin’s bullish trend, which began in early 2023, to continue, SOPR should stabilize around 1 and then trend upward again. Failure to hold this level may suggest a shift in market dynamics, putting Bitcoin’s long-term growth trajectory into question. Whale Accumulation Continues Amid Market Correction While short-term price action remains uncertain, another CryptoQuant analyst, caueconomy, has highlighted a significant accumulation trend among large Bitcoin holders. Over the last 30 days, Bitcoin whales have added over 65,000 BTC to their holdings, reflecting strong buying pressure from major network participants. Caueconomy noted that this accumulation is occurring despite the broader market correction, suggesting that whales are absorbing supply rather than selling off their holdings. Related Reading: Bitcoin’s Downtrend Continues, But Analyst Predicts $180K Target—Is It Possible? This behavior contrasts with miners and exchanges, which often offload BTC to maintain liquidity. If the current accumulation pattern continues for several more weeks, it could resemble the consistent buying pressure seen between November and December, which helped Bitcoin rally in late 2023. Featured image created with DALL-E, Chart from TradingView

Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January. Over the past 24 hours, BTC has seen an additional 0.7% decline, reflecting ongoing market hesitation and uncertainty among investors. Amid this price performance, CryptoQuant analyst Avocado Onchain has identified a notable trend in Bitcoin’s price channel. Related Reading: Bitcoin’s Future Comes Down To This One Question, Says Bitwise Bitcoin Coinbase Premium and Market Sentiment Despite Bitcoin’s downward trajectory, the Coinbase premium has been forming higher lows, indicating potential underlying demand. However, the CryptoQuant analyst warns that no clear signals of a breakout or reversal have emerged, leaving the market in an uncertain state. Particularly, according to Avocado Onchain, Bitcoin’s price remains within a declining price channel, with repeated pullbacks making it difficult to determine a clear trend. Avocado noted: So far, there is no decisive movement indicating a full-fledged downtrend, but at the same time, there are no clear signs of a bullish reversal either. The market is becoming increasingly uncertain, creating an environment designed to confuse and unsettle investors. The Coinbase premium, which measures the difference between Bitcoin prices on Coinbase and other exchanges, has shown higher lows despite the downward price action. This could suggest that US-based investors are still accumulating BTC, even as the broader market struggles to find direction. The analyst cautions against overleveraging on bullish news or panic selling during downturns, emphasizing that strategic decisions should be made ahead of time rather than in reaction to market fluctuations. While there is no confirmation of a bear market, Avocado believes that exiting positions based on short-term fear could lead to missed opportunities in the long run. The analyst wrote: From my perspective, there isn’t enough data to declare a bear market at this point. Abandoning positions now could end up being an ill-timed exit rather than a calculated decision. Miner Selling Pressure and Market Implications Adding to the market pressure, CryptoQuant analyst IT Tech has noted a spike in BTC miner selling activity. Data shows that as Bitcoin dropped to $77,700, miners increased their BTC transfers to exchanges, a move that historically signals selling pressure at market lows. Related Reading: ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future Miners often sell BTC to cover operational costs, especially during price declines. If miner selling pressure continues, it could limit Bitcoin’s ability to recover in the short term. However, if buyer demand remains strong enough to absorb the excess supply, Bitcoin may stabilize at its current levels before attempting a rebound. Featured image created with DALL-E, Chart from TradingView

Bitcoin’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours. As of today, Bitcoin is trading at $79,766, pushing it nearly 27% below its ATH. Amid this price performance, CryptoQuant analyst ibrahimcosar has closely examined Bitcoin’s price movements, focusing on the CME gap phenomenon, which has historically played a role in Bitcoin’s short-term fluctuations. Related Reading: Crypto Pundit Dumps Bitcoin Holdings Sub-$100,000, Lists Reasons Why It’s Time To Short What To Expect From Bitcoin Based On CME Gap In his latest analysis, Ibrahim highlighted how BTC opened at $82,110 on the CME, creating a gap up to the $86K level. According to him, this price gap could provide clues about Bitcoin’s next move, potentially leading to a short-term attempt at reclaiming $86K–$90K in the coming days. The CME gap refers to the difference between BTC’s closing price on the Chicago Mercantile Exchange (CME) before the weekend and its opening price after the weekend. These gaps often get filled as BTC’s price moves back to the levels where the trading pause occurred. Ibrahim notes that Bitcoin previously formed a $10,000 gap on February 28, which was quickly filled within 19 hours. Now, with BTC currently trading around $79K–$80K, the analyst suggests that another gap has formed above the current price range, indicating that Bitcoin may attempt to fill the $86K–$90K region within the next one to two days. However, he cautions that this does not necessarily signal a full reversal in BTC’s downtrend. Instead, he maintains that Bitcoin’s broader trend remains uncertain, and its price action through March and early April will be key in determining whether a stronger recovery is on the horizon. Key Support Levels and Market Sentiment Another market analyst, ShayanBTC, has pointed to $83,000 as a critical support level, based on Bitcoin’s interaction with the Realized Price of 3-6 Month UTXOs. This metric tracks the average acquisition price of mid-term holders and has historically acted as a significant support or resistance zone. Shayan disclosed that BTC recently tested this level, and holding above it could signal strong investor confidence, potentially reinforcing bullish sentiment. However, Bitcoin’s decline below $80,000 suggests that this $83,000 support level has already been breached. If Bitcoin fails to regain ground above this threshold, market sentiment could shift towards fear, leading to increased selling pressure from mid-term holders. In this scenario, BTC could enter a distribution phase, where short to mid-term investors sell their holdings, further driving the price downward. Ibrahim has identified the $78,000–$80,000 region as the next key support zone, which may determine BTC’s near-term trajectory. Featured image created with DALL-E, Chart from TradingView

Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today. While the short-term price action suggests a bearish outlook, some analysts remain confident about Bitcoin’s potential for long-term growth. Bitcoin’s Price Outlook: $180K Within Reach? One of CryptoQuant’s contributors to the QuickTake platform, ibrahimcosar, recently shared his perspective on Bitcoin’s price trajectory, offering a bold prediction for its next all-time high (ATH). In his latest analysis, the analyst reiterated his long-term expectation that Bitcoin could reach $180,000 by 2026, citing historical price cycles and institutional projections that align with his forecast. According to Ibrahim, Bitcoin’s price movements over the past year have followed a familiar pattern seen in previous bull cycles. The analyst pointed out that major financial institutions have recently begun making similar long-term projections, validating his earlier forecasts. While Bitcoin currently trades below $80,000, he believes that the asset has the potential to more than double in value within the next two years. If Bitcoin follows historical patterns, the $150K–$200K range could be achieved in the upcoming bull cycle. The analyst emphasized that investors who enter the market at current levels could see over 100% returns, provided Bitcoin reaches its predicted target by 2026. However, he also noted that timing the market correctly is crucial, as buying at key support levels has historically presented the most favorable opportunities for long-term gains. Ibrahim wrote: In summary, those investing in Bitcoin at these levels have the potential to gain over 100% in dollar terms without even waiting a year. Buying in the right regions and at the right times can present significant opportunities. Short-Term Market Trends and Buying Opportunities While long-term projections remain bullish, Bitcoin’s short-term price action continues to fluctuate. Another CryptoQuant analyst, BilalHuseynov, provided insights into open interest (OI) trends, which may indicate whether this is a favorable time to buy Bitcoin. According to BilalHuseynov, the 7-day change in open interest has entered a “deleveraging” phase, a signal that has historically aligned with potential buying opportunities. Related Reading: Bitcoin Could Rally Above ATH To $128K – On-Chain Indicator Signals Potential Recovery The last time this occurred was in August 2024, when Bitcoin was trading between $58,000 and $60,000 before rallying to an all-time high of $106K. If historical trends repeat, the current market conditions could set the stage for a similar recovery. The CryptoQuant analyst noted: When the OI ratio’s change for 7 days down to the section, that means we can define the time to buy. Since August 2024, we have been observing one of the deepest areas in the Crypto Market. To remember, at this time (2024 Aug), Bitcoin’s price was around 58 – 60k. After that, the price goes up to ~106k. Featured image created with DALL-E, Chart from TradingView

The community analyst at the on-chain analytics firm CryptoQuant has pointed out how this Bitcoin indicator has been aligning with price tops. Bitcoin Binance Whale To Exchange Flow Shows An Interesting Pattern In a new post on X, CryptoQuant community analyst Maartunn has talked about the trend in the Bitcoin Exchange Whale Inflow for the cryptocurrency exchange Binance. The “Exchange Whale Inflow” here refers to an on-chain metric that measures the total amount of the asset that the whale entities are transferring to a given centralized exchange. Related Reading: Bitcoin Bullish Signal: $900 Million In BTC Leaves Exchanges When the value of this indicator is high, it means the whales are depositing a large number of tokens to the platform. Such a trend can be a sign that these large entities are looking to sell, which can be a bearish sign for the asset’s price. On the other hand, the metric being low suggests this cohort may be accumulating or just not planning to distribute, which can naturally be a bullish sign for BTC. Now, here is the chart shared by the analyst, that shows the trend in the 30-day sum of the Bitcoin Exchange Whale Inflow for Binance over the last couple of months: As displayed in the above graph, the 30-day Bitcoin Exchange Whale Inflow for Binance has recently witnessed a sharp climb, which suggests large deposits to the platform have been on the rise. Maartunn has discovered a pattern related to what usually happens whenever the metric shows a trend like this one. From the chart, it’s visible that spikes in the indicator have come around tops in the cryptocurrency’s price. This relationship hasn’t been exact, but it’s true that BTC has witnessed some kind of peak shortly before or shortly after a strong surge in the Binance Exchange Whale Inflow. Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says Whales are the largest of investors in the sector and Binance is the largest exchange, so it makes sense that the combined behavior related to the two would have noticeable implications for Bitcoin. Following the recent increase, the 30-day Binance Exchange Whale Inflow has reached a value of $7.3 billion, which is the highest that it has been in around three months. It now remains to be seen whether these high deposits would have a similar effect on the asset as before or not. BTC Price Bitcoin has continued to display volatility in both directions during the last few days as its price has been wobbling up and down, with neither bulls nor bears gaining control. At present, the asset is trading around $89,500. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

Bitcoin’s price continues to move between bullish and bearish territory, reflecting ongoing uncertainty in the market. After reaching $94,000 earlier this week, the cryptocurrency has since retreated below $90,000, marking an approximately 18% drop from its all-time high (ATH) of $109,000 recorded in January. This latest pullback highlights the shifting sentiment among investors and the increasing influence of large holders, or whales, in the market. Related Reading: Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? Whales Are Finally Back, Data Shows CryptoQuant analyst Darkfost has identified a notable trend in Bitcoin whale behavior, revealing that these influential market participants had been reducing their holdings for over a month, marking the longest period of net decline in the past year. However, recent data indicates that whales are beginning to increase their Bitcoin holdings again, shifting the monthly percentage change into positive territory. If this trend continues, it could signal a potential return of bullish momentum, as previous instances of whale accumulation have often preceded upward price movements. According to Darkfost’s analysis, whales play a crucial role in shaping Bitcoin’s price direction due to the sheer volume of BTC they control. ????Whales are finally back. Whales have been reducing their holdings for over a month now, marking the longest period of net decline over the past year. However, their behavior has recently shifted, as whales began increasing their holdings again, pushing the monthly percentage… pic.twitter.com/SA8Ww9CEsH — Darkfost (@Darkfost_Coc) March 6, 2025 Their renewed accumulation suggests confidence in the asset’s long-term value. Historically, increased whale buying activity has coincided with periods of price stability or growth, making this a key indicator for traders and investors. Coinciding With US Bitcoin Reserve Plans The resurgence of whale interest in BTC coincides with reports of US President Donald Trump signing an executive order to establish a strategic Bitcoin reserve. CryptoQuant analyst Maartuun has provided insights into this development, suggesting that the United States could officially become a long-term holder of Bitcoin. The reserve may be funded using seized BTC, which currently stands at 188,898 BTC, valued at approximately $18.14 billion. If implemented, this move could significantly reduce selling pressure in the market, as these holdings would be secured rather than liquidated. In addition to securing its existing Bitcoin holdings, reports suggest that the US government may consider purchasing additional BTC. Maartuun citing Bloomberg disclosed that this initiative could lead to an expansion of the strategic BTC reserve, reinforcing Bitcoin’s status as a long-term asset for institutional and sovereign investors. According to Maartuun, if these reports materialize, it could introduce a new dynamic to Bitcoin’s supply and demand, potentially influencing its price trajectory. Featured image created with DALL-E, Chart from TradingView

Bitcoin’s price has once again turned bearish after briefly recovering to $94,000 on Monday. Notably, the cryptocurrency had shown signs of strength earlier this week following a period of decline, but the recovery was short-lived. As of today, Bitcoin slipped below $90,000, marking a 1.8% decrease in the past 24 hours. According to CryptoQuant analyst Crazzyblockk, one key factor contributing to this downward movement appears to be increased selling pressure from large Bitcoin holders. Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Whales and Large Holders Drive Selling Pressure on Binance Crazzyblockk in his latest insight highlights how whales and other large investors on Binance are actively offloading BTC as prices rise. This trend suggests that experienced traders are taking advantage of market optimism to exit their positions, potentially limiting Bitcoin’s short-term upside potential. Whale to Binance Flow Hits 3-Month High at $7.3B Over Last 30 Days “This often happens alongside heavy changes in price and shows that large holders choose Binance as their exchange. Watching whale deposits is important, as their moves can drive the market.” – By @JA_Maartun pic.twitter.com/psD3zuDXf3 — CryptoQuant.com (@cryptoquant_com) March 6, 2025 The trend also comes at a time when whale to Binance flow sees a consistent increase. Crazzyblockk’s analysis of on-chain data from Binance particularly indicates that large Bitcoin holders—categorized as fish, sharks, and whales—are selling into market rallies. The data reveals that the larger the holder, the more strategically they distribute their Bitcoin holdings. These entities account for an increasing share of daily sell-side activity on Binance, suggesting that they are actively shaping Bitcoin’s price movements. As Bitcoin’s price trends upward, whale activity on Binance has intensified, with more BTC flowing into the exchange. The report highlights that while retail investors—often referred to as shrimps—have remained relatively inactive, whales and sharks are capitalizing on rising prices to take profits. This consistent distribution from high-value holders has created sustained downward pressure, preventing Bitcoin from making a parabolic move higher. Bitcoin Market Outlook: Can Accumulation Offset Whale Selling? With large holders continuing to offload BTC, the risk remains that any further upside could trigger even more selling pressure, reinforcing resistance levels. This dynamic means that Bitcoin’s price movement could remain constrained unless new accumulation from long-term investors or institutional buyers offsets the selling trend. Related Reading: Bitcoin Bullish Signal: $900 Million In BTC Leaves Exchanges Crazzyblockk emphasizes that tracking Binance’s whale activity is crucial for understanding market direction. Since these large holders are not just participants but also price movers, their actions can provide insight into short-term market trends. If whale selling slows and new accumulation picks up, Bitcoin could find support and regain momentum. However, if the current trend continues, further downside pressure remains a possibility. Featured image created with DALL-E, Chart from TradingView

Bitcoin has been showing signs of recovery after a sharp decline that pushed its price below $80,000 last week. The cryptocurrency briefly surged to $92,756 in the early hours of today before retracing to $90,279, marking a 0.7% increase in the past 24 hours. While price action remains volatile, market sentiment indicators are signaling a crucial phase for Bitcoin’s trajectory, according to CryptoQuant analyst Woominkyu. Related Reading: Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level Bitcoin’s Market Cycle: Entering the Optimism Stage In a recent analysis titled “FOMO is Not Here Yet”, Woominkyu highlights Bitcoin’s Fear & Greed Index, which tracks overall investor sentiment. The index, based on a 30-day moving average (SMA 30), maps Bitcoin’s market cycles to different psychological stages observed in past rallies. This indicator has historically helped identify when Bitcoin is in the early stages of a bull run—or when excessive optimism may lead to corrections. According to Woominkyu, Bitcoin has now entered the “Optimism Stage”, a phase historically associated with the early stages of a strong rally. In past cycles, when Bitcoin reached this level, the market often gained upward momentum, leading to further price increases. However, the analyst warns that if the index continues rising toward the Euphoria Stage, it could indicate excessive market optimism, which has often preceded steep corrections. The key observation from Woominkyu’s analysis is that, despite Bitcoin’s recovery, FOMO (fear of missing out) has not yet fully set in among investors. This suggests that while sentiment is improving, Bitcoin is not yet in a speculative bubble. The coming weeks will be critical in determining whether the market follows past patterns—moving higher from the Optimism Stage—or if external factors push Bitcoin into a correction. Whale Activity In The Market While sentiment indicators provide insights into market psychology, whale activity is another key factor influencing Bitcoin’s price movement. A separate analysis by maartunn, another CryptoQuant contributor, has revealed that whale deposits to Binance have reached a three-month high, with over $7.3 billion worth of Bitcoin sent to the exchange in the past 30 days. These movements suggest that large-scale investors are actively positioning themselves, which could lead to increased volatility in the market. Historically, significant whale activity has coincided with major price swings, making it an important metric to monitor. Whale to Binance Flow Hits 3-Month High at $7.3B Over Last 30 Days “This often happens alongside heavy changes in price and shows that large holders choose Binance as their exchange. Watching whale deposits is important, as their moves can drive the market.” – By @JA_Maartun pic.twitter.com/psD3zuDXf3 — CryptoQuant.com (@cryptoquant_com) March 6, 2025 Featured image created with DALL-E, Chart from TradingView

Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity. The cryptocurrency surged nearly 10% yesterday, briefly reaching a high of $92,756 in the early hours of today before experiencing a minor pullback. At the time of writing, Bitcoin is trading at $90,156, marking a 0.6% decrease over the past 24 hours. Related Reading: Short-Term Holders Dominate as Bitcoin Rebounds—What’s Next? Short-Term Holder Trends and Potential Market Consolidation Yonsei Dent, a contributor to CryptoQuant’s QuickTake platform, pointed out earlier today a tightening trend in short-term holder (STH) realized price levels, suggesting a potential shift in market conditions. The analyst noted that this development, alongside key moving averages, could indicate a period of market consolidation unless a strong demand catalyst emerges. According to Yonsei Dent, the convergence of Short-Term Holder Realized Price levels suggests that the average entry price of recent Bitcoin buyers is becoming more uniform. Historically, such conditions have signaled either reduced volatility or a lack of clear price direction, leading to a phase of consolidation. Additionally, Dent noted that the 60-day and 200-day moving averages are also tightening, mirroring a similar trend observed in May 2024, which resulted in a period of low volatility and minimal price movement. A major factor influencing Bitcoin’s market outlook is regulatory developments, particularly the Trump administration’s stance on cryptocurrency policies. Dent highlighted that the upcoming cryptocurrency summit, scheduled for tomorrow, could introduce key regulatory discussions that may influence Bitcoin’s price action. The CryptoQuant analyst wrote: All eyes are on tomorrow’s cryptocurrency summit, where key regulatory discussions are expected. Should a bullish policy outlook emerge, it could inject fresh momentum into the market and break this tightening price structure. Related Reading: Inverse Head And Shoulders Breakout Suggests Bitcoin Price Is Headed To $300,000 Technical Indicators And Future Outlook On Bitcoin From a technical perspective, some analysts remain optimistic about Bitcoin’s long-term trajectory. Crypto analyst Ali has pointed out that candlestick wicks on the Bitcoin weekly chart indicate strong buying pressure, suggesting that buyers are actively defending key support levels. This observation aligns with previous market trends where similar patterns led to subsequent upward movements. Ali also referenced the Pi Cycle Top indicator, which suggests that if Bitcoin reclaims the $97,000 level, it could gain momentum for a potential move toward $150,000. If #Bitcoin $BTC reclaims $97,000, it could gain momentum for a move toward $150,000, according to the Pi Cycle Top indicator! pic.twitter.com/yok308t4Jy — Ali (@ali_charts) March 6, 2025 Featured image created with DALL-E, Chart from TradingView

Bitcoin has regained momentum following a period of decline, with its price now trading at $87,992, reflecting a 6.9% increase in the past 24 hours. The recent price movement has drawn attention to shifting supply dynamics, particularly between short-term holders (STH) and long-term holders (LTH). This trend, analyzed by CryptoQuant contributor XBTManager, provides insights into Bitcoin’s current market cycle and what could come next. Related Reading: Crypto Markets Are Misreading Trump’s Strategic Reserve, Says Bitwise CIO Short-Term vs. Long-Term Holders: A Market Balancing Act According to XBTManager, Bitcoin’s all-time high (ATH) has triggered an increase in STH supply while LTH supply declines. This transition typically signals a market shift, as long-term holders begin selling their assets while short-term traders accumulate. This dynamic has historically played a role in determining peak levels, as increased activity from short-term holders suggests heightened speculative interest. XBTManager explains that analyzing who is buying and selling Bitcoin is crucial in identifying market trends. As long-term holders sell their BTC, the supply moves into the hands of short-term traders, who often react more quickly to price fluctuations. This shift indicates that Bitcoin may be in a pullback phase following its recent ATH, leading to a potential period of price consolidation. Additionally, institutional buyers and ETFs have continued to accumulate Bitcoin, behaving similarly to short-term holders during this phase. MicroStrategy (MSTR), a major corporate Bitcoin investor, has also followed retail buying patterns. While institutional inflows support Bitcoin’s price, XBTManager warns that a prolonged consolidation period is possible due to liquidity demands. The analyst suggests that once STH begins selling and LTH starts accumulating again, the market may stabilize, creating a more favorable environment for long positions. What’s Next for Bitcoin? While Bitcoin’s supply shift suggests a cooling-off phase, market participants are watching for signs of a potential trend reversal. A report from CryptoQuant highlights that real spot demand has been declining, meaning that despite recent price gains, sustained upward momentum may be difficult unless demand returns. Additionally, IntoTheBlock recently revealed a surge in active Bitcoin addresses following last week’s price drop. This increase suggests heightened on-chain activity, often seen in periods of market transition. Whether this signals a renewed accumulation phase or continued volatility remains to be seen. Last week’s drop triggered a surge in active addresses, pushing the daily average to its highest level since December, when Bitcoin surpassed $100k. This uptick in on-chain activity coincided with an increase in zero-balance addresses, indicating capitulation. pic.twitter.com/eiESdiwERN — IntoTheBlock (@intotheblock) March 4, 2025 For now, supply trends, ETF inflows, and liquidity conditions are worth monitoring to assess Bitcoin’s next move. If long-term holders re-enter the market and demand recovers, Bitcoin could see renewed upward momentum. Related Reading: Bitcoin Crashes After $94K Surge—Key Market Signals Reveal What’s Coming Next However, until those conditions align, XBTManager suggests that caution is necessary, particularly for high-risk trades in the current environment. Featured image created with DALL-E, Chart from TradingView

Bitcoin’s recent price movements have reflected a mix of optimism and uncertainty for investors. Earlier this week, Bitcoin surged to $94,000 following news of the U.S. crypto strategic reserve, which is set to include BTC, ETH, SOL, ADA, and other major digital assets. However, the asset has since reversed its upward momentum, falling by 10% and bringing its price below $84,000 as of today. This decline has sparked discussions among analysts about the factors influencing Bitcoin’s short-term performance. CryptoQuant analyst Banker has highlighted a significant shift in investor sentiment and market behavior, particularly focusing on open interest changes in derivatives trading and the Crypto Fear & Greed Index. These indicators may provide insight into potential market trends in the coming weeks. Related Reading: Bitcoin Repeats Historic Pattern—Is a Breakout Toward $100K Next? Open Interest Decline and Shifting Market Sentiment One key metric being analyzed is the Open Interest Change (7D), which tracks the total outstanding derivatives contracts. According to Banker, this metric dropped by 14.42% on March 1, signaling a reduction in speculative activity. Such a decline often suggests that traders are unwinding their positions, potentially leading to a market reset. Historically, similar declines have been followed by price stabilization or recovery as speculative excesses are removed from the market. Additionally, the Crypto Fear & Greed Index, a widely used sentiment indicator, has dropped sharply since February 4. The index fell from 72 (extreme greed) to 26 (fear), indicating a shift in market sentiment. A reading above 70 typically suggests an overbought market, while a lower reading signals growing investor caution. This shift may reflect broader uncertainty in the crypto market, possibly influenced by external factors such as regulatory discussions and macroeconomic developments. Banker noted: The recent decline suggests a cooling-off period, which could pave the way for a healthier market environment. However, the sharp drop in sentiment also reflects heightened caution among investors, likely driven by recent market turbulence and fundamental developments, such as news surrounding the U.S. government’s crypto reserves. Bitcoin Market Outlook and Upcoming Events According to Banker, upcoming events could influence Bitcoin’s price trajectory. The analyst mentioned that the Crypto Summit at the White House on March 7 is expected to discuss cryptocurrency regulation and market policies. Related Reading: Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge Banker suggest that announcements from the event could lead to short-term volatility, particularly for Bitcoin, Ethereum, and other major assets like ADA, XRP, and SOL. Depending on the regulatory stance taken, the market may react with further price swings or a potential rebound. The CryptoQuant analyst wrote: Depending on the outcomes and announcements, there may be a small window of upside potential. For now, investors should remain cautious but vigilant, as the current dip in open interest and sentiment could offer strategic entry points for those with a longer-term perspective. Featured image created with DALL-E, Chart from TradingView

Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA. The news has fueled optimism in the market, pushing Bitcoin back above the $90,000 level. As Bitcoin’s price movement gains momentum, analysts appear to have been closely examining the ongoing correction phase within the current bullish cycle. Related Reading: Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week? CryptoQuant analyst Grizzly has shared insights into Bitcoin’s historical price behavior, suggesting that the asset may be repeating past patterns that preceded significant rallies. If these trends hold, BTC could be positioning itself for a major breakout in the coming months. BTC’s Historical Price Patterns and Market Outlook According to Grizzly, Bitcoin is currently in its third corrective phase within the bullish cycle that began in early 2023. This pattern has been observed using the UTXO Age Bands—a metric tracking how long BTC remains unmoved in wallets. Similar corrective phases took place in the summers of 2023 and 2024, each lasting around six months. During these periods, BTC experienced resistance before eventually breaking out into new price highs. Grizzly revealed that if this trend continues, BTC may remain in a consolidation phase for another two to three months, fluctuating between $80,000 and $100,000. A breakout beyond $100,000 could mark the end of the correction and potentially push BTC toward $130,000, as historical data suggests. The CryptoQuant analyst noted: Market participants should closely watch the structural dynamics of the premium bands, as a confirmed break above resistance could signal the next parabolic leg of Bitcoin’s bull market. Bitcoin’s Path to $100K: What Market Indicators Suggest Another CryptoQuant analyst, OnChainSchool, has provided further insights into BTC’s potential price movement beyond $100,000. The analyst highlights the MVRV Z-Score, a metric that tracks Bitcoin’s valuation in comparison to its historical fair value. According to the analyst. the current cooldown in the MVRV Z-Score indicates that Bitcoin could soon enter a rapid upward trajectory, similar to the price action observed in early 2024 when BTC surged past $72,000 to new all-time highs. However, unlike past cycles, the market appears to be moving at a faster pace, potentially influenced by the evolving political landscape in the US. Related Reading: Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner? With increasing attention on cryptocurrency from policymakers and institutional investors, there is a likelihood that BTC could break past its previous all-time high sooner than expected. Whether this acceleration will be sustained depends on multiple factors, including regulatory developments, macroeconomic conditions, and continued market demand for Bitcoin as a hedge asset. Featured image created with DALL-E, Chart from TradingView

Bitcoin’s price has recently experienced notable volatility, driven by significant market developments and investor activity. Following an initial decline in recent days, BTC surged above $94,000 on Sunday. This increase was fueled by reports of an upcoming US strategic crypto reserve that includes BTC and other major digital assets. However, as of today, BTC is trading just below $93,000, signaling an unstable upward momentum in the crypto market. Amid this price movement, a recent analysis by CryptoQuant analyst KriptoBaykusV2 highlights an evolving pattern in Bitcoin’s net exchange flow, offering insight into investor sentiment. This data suggests that exchange inflows and outflows may play a crucial role in shaping Bitcoin’s short-term price direction. Related Reading: Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned? Bitcoin Exchange Flows and Investor Sentiment According to KriptoBaykusV2,  on February 25, Bitcoin saw a significant inflow to exchanges, with approximately 8,400 BTC being deposited. Historically, large inflows suggest increased selling pressure, as traders move assets to exchanges in preparation for liquidation. This was followed by a decline in Bitcoin’s price, aligning with previous market trends where increased supply on exchanges often leads to downward price movements. The following day, February 26, Bitcoin experienced a shift, with a substantial amount of BTC being withdrawn from exchanges. Large-scale outflows typically indicate a preference for holding, reducing the available supply on exchanges and potentially supporting price stability. This shift coincided with Bitcoin’s price finding support and beginning to recover, reflecting investor confidence in the asset’s long-term prospects. The analyst noted: In summary, those closely monitoring Bitcoin’s exchange movements should take note: Large inflows into exchanges may indicate heightened selling pressure, requiring caution. On the other hand, significant outflows suggest that investors are opting to hold, which could lead to price appreciation. We will see in the coming days how these trends continue. Related Reading: Bitcoin Is Enough—Coinbase CEO Rejects Altcoins For US Reserves Short-Term Selling and Market Trends Meanwhile,  a separate analysis by another CryptoQuant analyst, abramchart, suggests that Bitcoin holders have started selling at a loss. The Spent Output Profit Ratio (SOPR) index, which measures the profitability of short-term investors, according to the analyst recently recorded a value of 0.95. This level, the lowest since August 2024, suggests that more traders are selling BTC at a loss, an indication of capitulation. Historically, such periods have been followed by market recoveries as selling pressure eases and accumulation phases begin. The CryptoQuant analyst wrote: The SOPR measures the proportion of Bitcoin wallets that have held Bitcoin for more than 1 hour and less than 155 days. Values over ‘1’ indicate more short-term investors are selling at a profit. Values below ‘1’ indicate more short-term investors are selling at a loss., which is a sign of capitulation and a return to an upward trend. Featured image created with DALL-E, Chart from TradingView

CryptoQuant CEO Ki Young Ju has voiced concerns over the United States’ growing influence in crypto, suggesting that the country may be leveraging digital assets to serve its national interests. In a March 3 post on X, Young Ju highlighted the rapid shift in the US approach toward crypto, stating that the market appears to […]
The post Crypto market is becoming a weapon of US warns CryptoQuant CEO appeared first on CryptoSlate.

The past week has been a rollercoaster ride for the cryptocurrency market, as the value of most large-cap assets took a significant hit over the last seven-day period. Specifically, the Bitcoin price fell beneath $80,000 for the first time since that almost vertical surge in November 2024. As expected, the market downturn has led to discussions and commentary about the price of Bitcoin already reaching its top in this cycle. Nevertheless, the latest on-chain data suggests that the premier cryptocurrency might still have room for a final upward rally. How BTC Price Could Go For A Final Peak In This Cycle In a Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Tarekonchain revealed the “truth” behind the current cycle, saying the latest market crash might be an opportunity for investors to buy the dip. This prediction is based on a key on-chain indicator, the MVRV Ratio. Related Reading: Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? The MVRV (Market Value to Realized Value) ratio is an indicator that tracks the ratio between a coin’s market cap and its realized cap. When the value of this ratio is greater than 1, it implies that more investors are considered to be in profit at the moment. High MVRV ratios are considered price top signals, as traders typically show a propensity to sell off their assets when they are in the green. According to Tarekonchain, the price of Bitcoin peaked in every previous cycle when the MVRV ratio crossed 3.5. However, on-chain data shows that this indicator only reached 2.7 as the price of Bitcoin notched a new all-time high around the $110,000 region. Tarekonchain noted that the Bitcoin price might not have topped out in the current cycle as its MVRV ratio is yet to reach 3.5 as it did in previous cycles. The Quicktake analyst also noted that while BTC’s slump beneath the 365-day moving average is undeniably a bearish signal, the premier cryptocurrency still has an opportunity to rebound from the critical $65,000 support level. “This does not mean the price must reach $65K, but rather that it’s a strong support level,” Tarekonchain added. According to the analyst, the MVRV ratio needs to at least cross 3.0 to be able to confirm the Bitcoin price reaching the cycle top. If the premier cryptocurrency finds support and successfully rebounds, investors could see BTC target new all-time highs — the final peak of this cycle — around $120K–$130K. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $85,000, reflecting no significant movement in the past 24 hours. Related Reading: Is Solana In A Macro Trend Move? Charts Show Potential Shift Featured image from iStock, chart from TradingView

Bitcoin’s price recently experienced another significant downturn, falling below $80,000 earlier today—a nearly 20% decrease in just the past week. This prolonged slump highlights the broader challenges facing the market, with minimal signs of recovery in sight. Amid this turbulent price activity, insights from tugbachain, a contributor to the CryptoQuant QuickTake platform, have shed light on an intriguing trend within the Bitcoin market: the shifting patterns of UTXO Realized Price Age Distribution. Related Reading: Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity? UTXO Realized Price Age Distribution: Uncovering Key Support Levels The UTXO Realized Price Age Distribution metric provides a detailed look at realized prices across various age bands, effectively illustrating the holding patterns of different investor groups. By calculating the realized price—derived by dividing the Realized Cap by the total Bitcoin supply—this metric offers a snapshot of how both long-term holders and newer market entrants are behaving under current market conditions. Historically, certain realized price levels have functioned as key support zones during market corrections. In particular, the realized price levels for 1-month and 3-month periods often hold significance in bull markets. These levels are where fear-driven selling from smaller investors tends to peak, potentially creating an environment for larger players to stabilize the market. However, as tugbachain highlighted, these 1-3 month realized price levels have now fallen below their typical support thresholds. The next potential support area lies in the 3-month to 6-month range, approximately around $75,875. This shift signals that the market may still be searching for a solid foundation before any meaningful recovery can begin. Bitcoin: Analyzing the Bigger Picture In a separate analysis, tugbachain delves into the Bitcoin Network Value to Transactions (NVT) Golden Cross metric, which serves as a key tool for identifying local market peaks and troughs. The NVT Golden Cross measures the ratio of Bitcoin’s market capitalization to its daily transaction volume. When this ratio exceeds certain thresholds, it can signal whether the market is overbought or oversold. Related Reading: Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means Currently, the NVT value is below -2.4, placing Bitcoin firmly in the oversold territory. Historically, oversold conditions at such levels have often coincided with local market bottoms. NVT Golden Cross and Market Conditions “An NVT value below -1.6 indicates a possible market bottom, pointing to oversold conditions. Currently, the NVT value is below -2.4.” – By @tugbachain Full analysis ????https://t.co/VuIHzc6liT pic.twitter.com/eTXIrwjOo7 — CryptoQuant.com (@cryptoquant_com) February 27, 2025 Should a rebound materialize from this oversold zone, tugbachain suggests that the 111-day moving average, currently at $96,895, may act as a resistance point during any price recovery. This perspective offers investors a potential roadmap for understanding and navigating the ongoing market plunge. Featured image created with DALL-E, Chart from TradingView

Bitcoin remains under pressure, with its price dropping below $85,000. At the time of writing, Bitcoin is valued at $84,397, representing a 2.4% decline in the past 24 hours and a significant 13.7% drop over the past week. These market conditions have sparked a range of analyses, with various on-chain indicators offering insights into current investor behavior. Related Reading: Bitcoin Retail Demand Levels Return to Neutral Zone—What Next? Bitcoin Latest CDD Spike Could Signal A Market Shift One of the key indicators highlighted recently by a CryptoQuant analyst known as Banker is the Coin Days Destroyed (CDD) metric. According to Banker, the Coin Days Destroyed (CDD) metric—a measure of economic activity weighted by the age of coins being moved—has seen a substantial surge. The 60-day CDD indicator, which aggregates these destroyed coin days over two months, indicates that coins held for extended periods are now being spent at a much higher rate. This trend, observed from November 2024 to February 2025, suggests that long-term holders are increasingly active in the market, potentially signaling a pivotal moment for Bitcoin. Banker explains that elevated CDD values often correlate with significant market events. In this case, the sustained uptick in long-term holder activity may hint at profit-taking, asset reallocation, or anticipation of heightened market volatility. While it is not unusual for Bitcoin long-term holders to move coins during periods of major price shifts, the current trend represents the strongest CDD signal since 2021. Historically, such patterns have preceded market turning points, making this metric a critical one to watch. Why CDD Matters Notably, the Coin Days Destroyed metric differs from typical transaction volume as it gives more weight to coins that have remained untouched for longer periods. Each unspent day accumulates “coin days,” and when the holder finally moves those coins, these days are “destroyed.” The 60-day CDD effectively tracks long-term holder sentiment by revealing when these seasoned participants decide to act. As earlier mentioned, a consistent increase in CDD often reflects a growing willingness among long-term holders to take profits or reposition their portfolios—moves that can influence broader market sentiment. Related Reading: Bitcoin Crashes: Experts Warn Of 6-Month Slump To $73,000 Banker points out that this uptick may signal more than just a Bitcoin price correction. With long-term holders moving their coins at a steady pace, the market could be heading toward a “healthier reset.” This kind of activity often sets the stage for new entrants to step in, potentially stabilizing the market and creating opportunities for fresh capital inflows. However, the implications depend heavily on the broader market context, including macroeconomic factors and investor confidence. Featured image created with DALL-E, Chart from TradingView

Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum. However, amidst this bearish trend, a new development within the Bitcoin mining community has been highlighted by a CryptoQuant analyst. Related Reading: Bitcoin’s Ongoing Dip: Here’s What Analysts Are Saying Miners Hoard Their Bitcoin A CryptoQuant analyst known as BilalHuseynov recently highlighted an intriguing shift in miner behavior. According to the analyst, Bitcoin miners have significantly reduced their withdrawal activity. Since December 2024, miner reserves have remained steady, indicating that miners are holding onto their mined Bitcoin rather than selling it off. This shift comes after a period of increased selling when prices were higher. BilalHuseynov explained: The Miner Reserve is not changing nominally from December 2024. As soon as the Bitcoin price increased, miners sold significantly. That was obvious! But since last December, after Bitcoin hit its ATL according to Bitcoin Miner Withdrawing Addresses, we can see that the withdrawal transactions have been stopped and even decreased. This strategy appears to align with a broader market downturn, where miners opt to accumulate Bitcoin during low-price periods rather than cashing out. “Miner Reserves are not affected significantly. It seems they are gathering their Bitcoin. In general, that is happening in the downtrends of the crypto market,” the analyst added. Overall, the data from BilalHuseynov suggests that miners may be positioning themselves for a potential recovery. By holding rather than selling, they effectively reduce supply pressure, which could help stabilize prices in the longer term. Institutions Step In In a related development, another CryptoQuant analyst known as Amr Taha reported significant outflows from Coinbase Advanced over the past two days. These large outflows—interpreted as aggressive accumulation—may signal growing interest from institutional investors. With Coinbase serving as a key platform for US-based institutions, the sizable withdrawals could indicate long-term holding strategies rather than short-term speculative moves. Related Reading: Market Signals Point To Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert Additionally, Taha noted that these movements might be tied to Bitcoin ETF activity, reflecting increased underlying demand and reinforcing a potential “supply squeeze” narrative. The analyst wrote: These large outflows typically suggest accumulation by institutions or large investors, potentially signaling bullish sentiment. If this aligns with increased spot demand or ETF inflows, it could reinforce a supply squeeze narrative. Meanwhile, Bitcoin is still in bearish territory, with its current price sitting below $86,000. At the time of writing, Bitcoin trades at $85,365, marking a 1.4% decrease in the past day and a roughly 11.8% plunge in the past week. Featured image created with DALL-E, Chart from TradingView