Bitcoin (BTC) is currently stabilizing within the $116,000 to $120,000 range. However, fresh liquidity totalling $2 billion in stablecoins could help propel the flagship cryptocurrency to new all-time highs (ATHs). Bitcoin To Benefit From Fresh Liquidity According to a CryptoQuant Quicktake post by contributor Amr Taha, more than $2 billion worth of stablecoins – primarily Tether (USDT) – were deposited into major derivatives trading platforms earlier today. Related Reading: Bitcoin Profit-Taking Spikes Without Price Drop – Strong Demand Or Delayed Reaction? Taha believes that this surge in inflows signals increased appetite for leveraged positions among seasoned traders, many of whom are anticipating a potential breakout in BTC’s price. Notably, this fresh batch of USDT was minted by Tether Treasury, suggesting institutional demand is driving the activity. Historically, large-scale stablecoin inflows have preceded bullish market momentum, as traders often use them to open long positions on Bitcoin and altcoin futures and perpetual contracts. Rapid stablecoin deposits into derivatives exchanges often act as a leading indicator for major price rallies. Meanwhile, fellow CryptoQuant contributor TraderOasis pointed to rising Open Interest, noting that it is increasing alongside BTC’s price – a classic signal of strong bullish sentiment. To explain, rising open interest in tandem with a rising Bitcoin price typically signals increasing market participation and bullish sentiment, as more traders are opening positions expecting further upside. However, it can also indicate a buildup of leverage, which may lead to heightened volatility or a sharp correction if sentiment shifts. The analyst also highlighted the Coinbase Premium Index, which remains above zero – a sign that US-based buyers are paying a premium over global spot prices. They added that the indicator is currently within a ‘Breaker’ structure, sharing the following chart for context. TraderOasis noted that while BTC price is rising, the Coinbase Premium Index indicator has remained relatively flat. The analyst explained: This suggests to me that major players are taking profits. If the descending trend structure I marked with an arrow is broken, the price is likely to rise much more strongly. On the other hand, if the indicator drops below the ‘0’ level, I may consider it a buying signal, as we are still in a macro bullish market. Short-Term Pullback For BTC? While the $2 billion stablecoin injection is likely to act as a bullish catalyst for BTC and the broader crypto market, some exchange data suggests a potential short-term pullback before the next leg up. Related Reading: No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential For instance, BTC deposits to exchanges spiked after the digital asset hit a recent high around $123,000 – a pattern that often precedes local tops and is typically followed by a price correction. That said, despite recent profit-taking, BTC has not experienced a major price drop, pointing to robust underlying demand. At press time, BTC trades at $119,171, up 2.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Bitcoin (BTC) has remained range-bound between $100,000 and $110,000 since May 7, aside from a few dips to as low as $98,000 in June, which were quickly followed by daily candle closes above the $100,000 level. Recent analysis reveals that BTC has withstood sustained selling pressure on Binance Derivatives throughout this period. Bitcoin Withstands Binance Derivatives Sell-Off According to a CryptoQuant Quicktake post by contributor BorisVest, taker users on Binance Derivatives have consistently engaged in sell-side activity for at least the past 45 days. Notably, the Cumulative Volume Delta (CVD) has remained negative throughout this time. For the uninitiated, the CVD measures the net difference between market buy – aggressive buying – and market sell – aggressive selling – orders over time. It helps traders identify whether buying or selling pressure is dominating, even if price remains stable. Related Reading: Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment BorisVest noted that Binance Derivatives traders are treating each BTC bounce or rally as a selling opportunity, opening aggressive short positions via market sell orders. However, this strong sell pressure has failed to push prices lower, as BTC continues to absorb the selling activity and maintain support above $100,000. The analyst added that as long as BTC remains within its current range – between $100,000 and $110,000 – while absorbing sell pressure, the potential for upside remains intact. He explained: The CVD metric plays a crucial role here. It aggregates both taker and maker activity to provide a real-time picture of net buy/sell pressure. The fact that CVD remains in decline confirms the dominance of sell-side flow. Yet, the inability of price to drop further despite this pressure may signal that Bitcoin is being absorbed by institutional or large players in the background. That said, other analysts interpret the persistent selling pressure differently. For example, fellow CryptoQuant analyst Crazzyblockk recently observed that new buyer demand is struggling to keep pace with the combined supply pressure from newly mined BTC and selling by long-term holders. BTC Eyeing A Breakout Ahead? Bitcoin’s resilience in the face of heavy selling on Binance Derivatives has once again sparked speculation about a potential breakout. Several additional data points suggest that BTC may be poised to move into a higher price range soon. Related Reading: Bitcoin Forming Inverse Head And Shoulders Pattern – Is $150,000 The Next Target? For instance, recent on-chain data shows that “weak hands” are offloading their BTC holdings to larger, more established investors – indicating a broader shift in sentiment favoring Bitcoin. Meanwhile, institutional interest in the asset continues to grow. Additionally, the Bitcoin Yearly Percentage Trend suggests that BTC could top out around $205,000 by the end of 2025. At press time, BTC trades at $108,589, up 0.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Bitcoin (BTC) is up 7% over the last two weeks, showing signs of strength despite expectations that the US Federal Reserve (Fed) will keep interest rates unchanged at its upcoming July 30 meeting. However, some indicators suggest that the market may be entering overheating territory. Bitcoin Market Entering Overheating Territory? According to a recent CryptoQuant Quicktake post by contributor burakkesmeci, the Bitcoin Network Value to Transaction (NVT) Golden Cross is on the rise. Importantly, this upward movement is beginning to signal signs of market overheating. Related Reading: Bitcoin Realized Dominance Signals Weak Hands Capitulating, Strong Hands Rising For the uninitiated, the Bitcoin NVT Golden Cross is a technical indicator that compares short-term and long-term moving averages of the NVT ratio to identify potential market tops or bottoms. When the short-term NVT crosses above the long-term average, it often signals that Bitcoin is becoming overvalued and may face a short-term correction. Notably, this indicator has successfully predicted three local tops so far in 2025. The first occurred on February 5, when the NVT Golden Cross hit 2.68 while BTC traded at $97,600, followed by a 23.65% correction. On March 24, the indicator peaked at 2.87 with BTC around $87,500, leading to a subsequent correction of 16.06%. Most recently – on June 16 – it rose to 2.21 with BTC trading at $106,800, which was followed by a 9.87% price dip. Currently, the NVT Golden Cross stands at 1.98. Although it hasn’t crossed the key 2.2 threshold yet, its upward trajectory suggests that market overheating could be brewing. The CryptoQuant analyst explained: Breaking its previous high is moderately bullish and shows momentum is building. If the metric crosses 2.2 again, it may hint at a local top. But don’t rush to exit – historically, the metric has stayed above 2.2 for several days. In conclusion, burakkesmeci noted that while crossing the 2.2 level might suggest Bitcoin is heating up in the short-term, it could also signal a return of bullish momentum in the medium-term. That said, the opinion on BTC’s short-term price trajectory is largely divided. Analysts Split Over BTC Price Action The NVT Golden Cross suggests that BTC may still have room to rally before hitting a potential local top. However, some analysts foresee a short-term pullback before Bitcoin reaches new highs. Related Reading: Bitcoin Network Volume Echoes Mid-2021 ‘Stable Equilibrium’ – Is A Big Move Brewing? For instance, noted crypto analyst Chistian Chifoi described the current BTC price action as a “deceptive setup,” warning it may trap bulls before a possible surge toward a new all-time high (ATH) of $160,000. Meanwhile, on-chain analytics firm Glassnode forecasts BTC’s short-term peak at $117,000. At press time, BTC trades at $108,204, down 0.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Ethereum (ETH) is up 4.2% over the past seven days, trading in the mid-$2,500 range at the time of writing. Although the digital asset remains down 19% on a year-over-year (YoY) basis, some analysts are optimistic that it’s ready for a liftoff. Ethereum Enters Wyckoff ‘Liftoff’ Phase In an X post published today, crypto trader Merlijn The Trader noted that Ethereum appears to be following the Wyckoff Accumulation pattern and has successfully cleared both the ‘creek’ and ‘spring’ phases, potentially entering the ‘liftoff’ phase characterized by parabolic price action. Related Reading: Ethereum Breakout Imminent? Broadening Wedge Hints At $4,200 Surge In the Wyckoff accumulation pattern, the ‘creek’ represents overhead resistance where price struggles to break higher, while the ‘spring’ is a false breakdown below support, meant to trap bears and confirm strong hands. The ‘liftoff’ phase follows the spring, marked by a sharp recovery and breakout above resistance, signaling the start of a new bullish trend. The analyst shared the following Ethereum daily chart, which shows the cryptocurrency on the verge of a potential breakout, with its next major resistance at the $3,700 level. A successful breakout and retest of this level could set the stage for a new all-time high (ATH). Fellow crypto analyst Crypto GEMs also pointed toward Ethereum getting ready for a significant move to the upside. The analyst shared the following chart which compares ETH’s price action in 2025 to that in 2024. If Ethereum mirrors its 2024 performance, it could break above the $3,000 mark in the near term. However, not all analysts share this bullish outlook. For instance, noted crypto analyst Carl Moon shared a four-hour Ethereum chart showing the asset trading within a rising wedge pattern. He cautioned that unless ETH breaks out of this formation, it may face a drop to $2,200. To explain, a rising wedge pattern is a bearish chart formation where price moves upward within converging trendlines, indicating weakening bullish momentum. It often signals an upcoming breakdown, as buyers lose control and sellers push the price lower after the wedge is breached. ETH Network Sees Renewed Activity In a separate X post, crypto analyst CryptoGoos remarked that daily transactions on Ethereum are nearing ATH level for the first time since 2021. Typically, heightened network activity tends to precede major price movements. Analyst Crypto Rover echoed this view, noting that active addresses across the Ethereum network have hit a new all-time high. They added that ETH below $3,000 is “an absolute steal.” Related Reading: Ethereum Flashes Golden Cross On Daily Chart – Is A New ATH Within Reach? Meanwhile, Ethereum liquid staking is also inching toward historic levels, with 35.5 million ETH now locked. At press time, ETH trades at $2,522, down 3.8% in the past 24 hours. Featured image from Unsplash, charts from X and TradingView.com
Ethereum (ETH) is up more than 8% over the past 48 hours, climbing from around $2,400 on July 1 to nearly $2,600 at the time of writing. The latest on-chain analysis reveals that both accumulation addresses and liquid staking volume are approaching all-time highs (ATH), fueling optimism that ETH’s price may soon follow. Ethereum Liquid Staking, Accumulation Addresses Nearing Historic Highs According to a recent CryptoQuant Quicktake post by contributor Carmelo_Aleman, Ethereum’s liquid staking activity has seen a notable increase since June 1. The total amount of ETH staked rose from 34.54 million to 35.52 million by June 30 – an increase of nearly one million ETH in just one month. Related Reading: Ethereum Eyes Key Resistance As Price Reclaims $2,550 – Here Are The Levels To Watch As of July 1, ETH set a new record in liquid staking, reaching 35.56 million ETH. A closer look suggests that most accumulation addresses are linked to institutional investors, exchange-traded funds (ETFs), and other large holders. Many of these investors choose to earn yield through liquid staking while waiting for substantial price appreciation. Among the biggest beneficiaries of this trend are decentralized finance (DeFi) protocols like Lido and Binance Liquid Staking, known for their scale and investor-friendly features. In addition to the rise in liquid staking, ETH accumulation addresses are also nearing record highs. As shown in the following ETH Cohort Study chart, these addresses grew 35.97% – from 16.72 million on June 1 to 22.74 million by June 30. For the uninitiated, Ethereum accumulation addresses are wallets that acquire and hold ETH without significant outgoing transactions, often excluding known exchange, miner, or smart contract addresses. These addresses typically signal long-term investor confidence, as they represent entities accumulating ETH without actively selling. Also worth highlighting is that the Realized Price of these accumulation addresses – their average acquisition cost – stood at $2,114 on July 1. As ETH trades at $2,593 at the time of writing, these accumulation addresses are sitting on a healthy profit of approximately 22.65%. ETH Primed For A Breakout? Technical analysis suggests that ETH could be poised for a breakout in the near term. In a recent post, crypto analyst Titan of Crypto pointed out that ETH appears ready to break out of a broadening wedge pattern on the weekly chart, with a potential upside target of $4,200. Related Reading: Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks Institutional interest in Ethereum also appears to be strengthening. Notably, ETH may have found its own “MicroStrategy moment,” with Tom Lee and Joe Lubin revealing plans to accumulate significant ETH positions. That said, ETH must maintain support above the $2,200 level. A breakdown below this threshold could open the door for a drop to as low as $1,160. At press time, ETH is trading at $2,593, up 1.7% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
After rebounding from a local bottom of around $75,000 in April, Bitcoin (BTC) appears to be stuck in the $100,000 to $110,000 range, showing little indication of a clear directional trend. One key data point reflecting this indecision is Bitcoin’s network volume. Bitcoin Network Volume Stuck In Balance Zone According to a recent CryptoQuant Quicktake post by contributor AxelAdlerJr, Bitcoin’s network volume has stabilized in a state of ‘stable equilibrium,’ reminiscent of the mid-2021 consolidation phase that preceded a major move. Related Reading: Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top For the uninitiated, Bitcoin network volume refers to the total value of BTC transferred across the blockchain over a specific period, typically used to gauge market activity and capital flow. Higher network volume suggests increased investor engagement and liquidity, while lower volume may indicate reduced interest or market stagnation. Notably, when BTC reached the upper end of its current range – around $110,000 – its average network volume surged to as high as $67 billion. Since then, the metric has slightly declined and now hovers around $58.7 billion. Since January 2024, Bitcoin’s average network volume has ranged between $40 billion and $80 billion. According to the CryptoQuant analyst, this corridor has become a key indicator of network activity balance and broader market sentiment. Historically, when the Bitcoin average volume approached the upper-end of the range at $80 billion, it coincided with local price peaks of $70,000 and $100,000. On the contrary, moves toward the lower-end – around $40 billion – were associated with short-term pullbacks, though these dips were often quickly bought up by market participants. Currently, the $58.7 billion reading sits near the midpoint of this range, mirroring the consolidation phase observed in mid-2021. The analyst explained: As long as the indicator remains above the $40 billion level, we can speak of a stable fundamental market condition. Rising volumes above the $80 billion mark will confirm strengthening activity and fresh capital inflow. On the other hand, a sustained drop below $40 billion will indicate weakening network demand and may be a harbinger of a deeper correction. Is BTC Preparing For A Big Move? While Bitcoin network volume suggests the market is in a state of equilibrium, some on-chain metrics hint at a potential breakout building in the background – possibly paving the way for renewed bullish momentum. Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall For example, the BTC short-term holder floor has been rising steadily in recent months, currently hovering around $98,000. This provides a strong support base, potentially preventing a sharp downside correction. However, selling pressure from miners and long-term holders is also beginning to increase – casting some uncertainty over BTC’s short-term price trajectory. At press time, BTC trades at $106,528, down 0.9% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Although Bitcoin (BTC) has recorded slight gains over the past month – up 3.6% in the last 30 days – the leading cryptocurrency is experiencing a lack of Apparent Demand, indicating broader market weakness that could lead to a price slump in the near term. Bitcoin Apparent Demand Enters Negative Territory According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk, Bitcoin’s new buyer demand is failing to absorb the combined supply pressure from freshly mined BTC and selling from long-term holders (LTHs). As a result, BTC’s Apparent Demand has turned negative. The analyst noted that the imbalance between buyer demand and excessive supply has created a high-risk environment for a near-term price correction. Notably, the $100,000 level remains an important support for the flagship digital asset. Related Reading: Bitcoin Weak Hands Exit While Smart Money Loads Up – Is A Breakout Near? For the uninitiated, Bitcoin’s Apparent Demand measures the balance between new buying interest and the supply of coins entering the market from miners and LTHs selling. When this metric turns negative, it means that the amount of BTC being sold exceeds new purchases, indicating potential market weakness and downward price pressure. BTC entering negative Apparent Demand territory can be considered a bearish development for two key reasons. First, it directly increases the “for sale” BTC supply, exerting downward pressure on the cryptocurrency’s price. Second, significant selling by LTHs – often considered seasoned and sophisticated investors – suggests that experienced players believe the crypto market has likely reached a local top and are exiting before a potential severe market downturn. The analyst added: Consequently, the market is in a vulnerable state. Any price rallies from here will likely struggle to overcome this wave of available supply, and market support may be weaker than anticipated. While not a guarantee, this on-chain signal strongly suggests a period of caution is warranted until demand shows clear signs of recovery. That said, recent on-chain analysis indicates a more optimistic outlook. According to fellow CryptoQuant analyst Avocado_onchain, the 30-day moving average (MA) of Bitcoin Binary Coin Days Destroyed (CDD) shows signs of healthy consolidation rather than a potential local top. Some Positive Signs For BTC While BTC’s Apparent Demand might be drying up, easing global geopolitical tensions could catalyze a rally in risk-on assets, including cryptocurrencies. Further positive macroeconomic developments may also benefit BTC, potentially leading to a cycle top much higher than currently anticipated. Related Reading: Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest Another indicator negating the possibility of a major price pullback is the steadily rising short-term holder (STH) floor price, which has surged to as high as $98,000 according to the latest on-chain data. At press time, BTC trades at $107,500, down 0.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
As Bitcoin (BTC) continues its steady climb toward its all-time high (ATH) of $111,814 recorded in May 2025, the cryptocurrency is witnessing a notable shift in its holder composition. New on-chain data suggests that BTC “weak hands” are selling their holdings to larger investors. Bitcoin Moving Upstream From Weak Hands To Big Money According to a recent Cryptoquant Quicktake post by contributor IT Tech, Bitcoin’s supply is moving upstream from retail investors to larger holders. This movement denotes a fundamental shift in the investor sentiment toward the largest digital asset. Related Reading: Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000 Retail investors – those holding less than one BTC – have seen a significant reduction in their holdings, with total balances dropping by 54,500 BTC year-over-year (YoY), to 1.69 million BTC. On average, this cohort has experienced outflows of approximately 220 BTC per day. In contrast, large holders – wallets with 1,000 BTC or more – have expanded their total BTC exposure by 507,700 BTC over the same period, bringing their combined holdings to 16.57 million BTC. This group is now seeing average inflows of around 1,460 BTC per day. Institutional interest in Bitcoin also continues to rise at a historic pace. Notably, institutions are currently absorbing about seven times more BTC than retail investors are selling. At the same time, the post-halving issuance of BTC is currently hovering around 450 BTC a day, raising the possibility of a true “supply squeeze” amid strong buying pressure. To recall, BTC underwent its latest halving in April 2024, when the mining reward for each block on the chain was slashed from 6.25 BTC to 3.125 BTC. In their commentary, IT Tech noted that meaningful retail interest has yet to kick in during this cycle. Unlike previous market tops – where retail investors aggressively accumulated BTC – current data shows them exiting the market, suggesting that the bull run may still have more room to grow. Another metric that points toward the market top being far from the current price level is the Bitcoin 30-day MA Binary CDD. In a recent analysis, CryptoQuant contributor Avocado_onchain noted that the BTC market is “far from overheating.” BTC Short-Term Holder Floor Approaching $100,000 As BTC remains range-bound between $100,000 and $110,000, the short-term holder (STH) realized price – a key psychological support level – is steadily climbing. It currently sits near $98,000, reflecting rising investor conviction. Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall Further on-chain data also shows that both retail and institutional holders are reducing exchange deposits, signalling reluctance to sell at current levels. This behavior supports the idea that many are positioning for further upside. At press time, BTC trades at $107,012, down 0.5% in the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com
Following a quick drop to nearly $98,000 over the weekend, Bitcoin (BTC) has recovered most of its recent losses and is now trading above $107,000 at the time of writing. Fresh on-chain data suggests that the short-term holder (STH) floor for BTC has been steadily rising toward the $100,000 level. Bitcoin STH Floor Approaching $100,000 According to a recent CryptoQuant Quicktake post by contributor unchained, Bitcoin’s STH Realized Price has been making its slow grind up toward the psychologically important $100,000 level. Notably, the analyst had earlier dubbed this metric as the “fault line” to watch. Related Reading: Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top For the uninitiated, the STH Realized Price represents the average price at which all Bitcoin held for less than 155 days was acquired. It acts as both a key psychological and technical support level. When the market price stays above it, STH are in profit and more confident, whereas if it falls below, fear and selling pressure often increase. Currently, the STH Realized Price hovers around $98,000. The analyst notes that each $500 rise in the STH Realized Price effectively resets the “new buyers’ comfort floor.” As this metric nears six figures, the mental stop-loss for newer investors also moves upward. The following chart illustrates two recent instances where BTC bounced sharply after touching the blue STH Realized Price line. This price action suggests a bullish structure, where selling pressure diminishes as soon as BTC revisits its average cost basis. Meanwhile, the premium – the difference between BTC’s spot price and STH Realized Price – currently hovers around 7.2%. A shrinking premium, typically under 10%, has historically signalled reduced market froth and often preceded the next leg up once open interest began to rebuild. On the long-term side, the long-term holder (LTH) Realized Price remains largely unchanged at $32,000, roughly one-third of the STH Realized Price. The analyst observes that these long-term coins are likely held in cold storage, indicating “strong hands” with little incentive to sell. They concluded: The blue line is climbing relentlessly; as long as BTC lives above it, the prevailing tide is still higher-lows, higher-highs. Lose it on a daily close, and we get our first real gut-check since April – otherwise the bull engine is merely cooling its cylinders. Experts Predict New High For BTC As BTC’s STH Realized Price continues to surge higher – resulting in a higher floor price for the digital asset – several crypto experts seem to agree that the cryptocurrency may soon reach a new all-time high (ATH) in the coming months. Related Reading: Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest For instance, Bitcoin is forming a bullish inverse head and shoulders pattern on the three-day chart, eyeing a potential ATH of as high as $150,000. At press time, BTC trades at $107,711, up 2.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
The strategic raise was led by DRW Venture Capital and Tradeweb Markets.
After a brief drop to $98,000 over the weekend, Bitcoin (BTC) has recovered and is now trading above $101,000 at the time of writing. While concerns about a potential double top persist, on-chain data has yet to show any major warning signs. Bitcoin Undergoing Healthy Consolidation According to a recent CryptoQuant Quicktake post by contributor Avocado_onchain, despite broader market sentiment turning bearish, BTC has not yet displayed any significant red flags. In fact, the cryptocurrency still appears to be in a consolidation phase. Related Reading: Bitcoin Whales Pull 4,500 BTC From Binance, Hinting At Incoming Rally Notably, the 30-day moving average (MA) of Binary Coin Days Destroyed (CDD) indicates that long-term holders are continuing to hold onto their BTC rather than selling. This suggests that investors remain optimistic about Bitcoin’s potential for further upside in the near term. For the uninitiated, the 30-day MA Binary CDD smooths out daily fluctuations to show how frequently long-term Bitcoin holders are moving their coins over a month. A lower value suggests strong holding behavior and accumulation, while a higher value may indicate distribution or selling pressure from experienced holders. The analyst noted in a previous analysis that when Bitcoin’s Binary CDD exceeded 0.8, it was typically followed by a steep correction. However, this time, the indicator has peaked around 0.6 and is now on the decline – suggesting the market is far from overheating. They added: Although the data may not align perfectly from cycle to cycle, this moderation below 0.8 still implies the market may be entering a consolidation period, and further price or time correction could follow. The analyst emphasized that this indicator does not signal the end of the bull run. Rather – similar to the previous two market phases – Bitcoin could be following a “staircase-like movement,” where periods of consolidation are followed by a strong upward leg. They concluded that BTC historically tends to rally when market attention fades and sentiment remains quiet. Therefore, the current period of low volatility could be a precursor to Bitcoin’s next major move to the upside. Are BTC Bears In Trouble? While the current bearish sentiment may have raised hopes for further price pullback for the largest cryptocurrency by reported market cap, both technical and on-chain indicators suggest otherwise. Related Reading: Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says For example, short positions have been rising sharply within the $100,000–$110,000 range, increasing the likelihood of a short squeeze – which could drive BTC to a new all-time high (ATH). That said, some caution is warranted, as short-term holders have been selling during recent dips, showing a lack of confidence in Bitcoin’s ability to sustain its upward trajectory. At press time, BTC trades at $101,954, up 1.1% in the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com
Although Bitcoin’s (BTC) momentum has stalled over the past week due to escalating geopolitical tensions in the Middle East, the flagship cryptocurrency appears to be forming a bullish inverse head and shoulders pattern on the three-day chart – significantly increasing the likelihood of a new all-time high (ATH) in the coming months. Bitcoin Eyeing New ATH Soon? In an X post published today, crypto analyst Mister Crypto highlighted that BTC is forming an inverse head and shoulders pattern on the three-day chart. The analyst shared the following chart, noting that a successful breakout could propel Bitcoin’s price as high as $150,000. For the uninitiated, the inverse head & shoulders is a bullish chart pattern that signals a potential reversal from a downtrend to an uptrend. It consists of three troughs, a lower low – called the “head” – between two higher lows – called the “shoulders.” This is followed by a breakout above the “neckline” resistance, indicating rising buying pressure. Related Reading: Bitcoin Hash Ribbons Indicating Prime Buying Opportunity, Analyst Says Despite ongoing uncertainty in the market, analysts remain largely optimistic. For example, noted analyst Jelle pointed out that BTC has formed a major bullish pennant above previous highs – another positive technical signal. BTC is also poised to benefit from shrinking supply on trading platforms. In an X post shared earlier today, crypto commentator Master of Crypto noted that Bitcoin balances on exchanges are about to fall below two million – the lowest level since 2017. Depleting BTC balances on exchanges suggest that investors are moving their Bitcoin to long-term storage, reducing the amount available for immediate sale. This supply constraint can create upward pressure on price, especially if demand continues to rise. Meanwhile, another Bitcoin analyst, apsk32, highlighted BTC’s ongoing alignment with the power curve cycle. Remarkably, Bitcoin has followed this cycle consistently for 15 years, and if the trend holds, the next cycle top could occur in November or December 2025. BTC Quantity More Important Than Price In a separate X post, Rich Dad Poor Dad author Robert Kiyosaki emphasized that the number of BTC one holds is more important than its current price. In a detailed thread, he predicted that Bitcoin could reach as high as $1 million by 2030. Related Reading: Bitcoin On-Chain Warning: Short-Term Holder Selling Accelerates Amid Price Correction While a $1 million price target may seem ambitious, other analysts also forecast new highs in the near term. For example, CryptoQuant analyst Carmelo Aleman recently projected that BTC could top out at $205,000 by the end of 2025. In addition, exchange data suggests an impending supply crunch, as whales continue withdrawing large amounts of BTC while exchange inflows remain subdued. At press time, BTC is trading at $104,359, down 0.1% in the past 24 hours. Featured image from Unsplash, charts from X and TradingView.com
Bitcoin (BTC) has seen a moderate price correction since June 11, falling from around $111,000 to just above $104,000 at the time of writing. While rising geopolitical tensions in the Middle East may be weighing on the asset, several analysts maintain that BTC’s long-term bullish trajectory remains intact. Bitcoin To Top At $205,000? In a recent CryptoQuant Quicktake post, contributor Carmelo Aleman pointed to the Bitcoin Yearly Percentage Trend as a signal of strong potential growth in BTC’s price through the rest of 2025. Related Reading: Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze? For the uninitiated, the Bitcoin Yearly Percentage Trend tracks BTC’s annual price performance since 2011, revealing a recurring pattern of three bullish years followed by one year of consolidation. This trend aligns closely with Bitcoin’s four-year halving cycle, helping investors identify long-term market phases beyond short-term volatility. Aleman shared the following chart to support his outlook for 2025. If BTC maintains the growth pace typically seen in the third year of this cycle, it could climb 120% in 2025. Such a surge would take BTC from $93,226 at the beginning of the year to as high as $205,097 – potentially marking the cycle top for this year. If realized, this would make 2025 the third consecutive year of gains and complete another full bullish cycle. This scenario suggests that BTC is currently in the final phase of its ongoing cycle, giving investors limited time to adjust their strategies to align with the market’s growth trajectory. Supporting this outlook, other cyclical metrics – such as Realized Cap – continue to post new all-time highs in 2025. Aleman concluded: The Bitcoin Yearly Percentage Trend is a tool that allows us to filter out daily market noise and reconnect with Bitcoin’s true cyclical nature. It reminds us that beyond micro metrics and short-term candles, Bitcoin adheres to a structural rhythm that repeats with striking consistency: three years of expansion followed by one of compression. On-Chain Indicators Suggest More Upside Beyond the Yearly Percentage Trend, several on-chain metrics continue to support a bullish case for BTC. Notably, both whale and retail BTC inflows to Binance have dropped to cycle-lows – often a sign that investors are holding in anticipation of further gains. Related Reading: Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000 Whales also appear to be accumulating ahead of a potential breakout. According to CryptoQuant analyst Amr Taha, Bitcoin whales withdrew 4,500 BTC from Binance on June 16 – a move historically associated with price rallies. Still, caution remains warranted. On-chain data indicates that short-term holders have been selling into the recent dip, which could temporarily suppress price momentum. At press time, BTC trades at $104,079, down 1.6% over the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com
As Bitcoin (BTC) reels amidst escalating geopolitical tensions between Israel and Iran – dropping from $110,530 on June 9 to just above $106,900 today – concerns are mounting that BTC’s upward momentum may have stalled. However, on-chain data suggests that both Bitcoin whales and retail investors still anticipate further upside for the leading cryptocurrency. Bitcoin Whale And Retail Inflows To Binance Tumble According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin inflows to Binance crypto exchange from two distinct cohorts – whales and retail investors – have fallen to their lowest levels in the current market cycle. Related Reading: Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows Darkfost shared the following chart illustrating that Bitcoin whale inflows to Binance have hit their lowest point since 2024. Similarly, retail investor inflows are also at their lowest since 2024, signalling a strong preference to hold rather than sell. The contributor emphasized that this alignment in behavior between whales and retail investors is a “highly constructive signal for the market.” Apart from the consistent inflows observed at the start of the current cycle, Darkfost identified two previous instances when both groups acted in sync. Notably, such periods of aligned behavior have typically coincided with previous market tops. These tops were marked by synchronized BTC inflows into exchanges, leading to a significant uptick in selling pressure and, eventually, market demand exhaustion. Commenting on the recent drop in BTC inflows, Darkfost suggested that market participants may be waiting for clearer macroeconomic cues or are simply exhibiting high conviction in Bitcoin’s long-term potential. They added: Such alignment across investor classes may also reflect broader market confidence, with expectations of further profits ahead. Recent trading setups support the aforementioned outlook. In a separate X post, seasoned crypto analyst Ash Crypto highlighted that a Bitcoin whale had opened a massive $200 million long position with 20x leverage. Should BTC Holders Be Worried? Despite the encouraging dip in BTC inflows to major exchanges like Binance, some analysts warn that a deeper correction may be imminent. For example, TradingView analyst MIRZA recently predicted that BTC could fall as low as $85,000. Related Reading: Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze? Similarly, veteran trader Peter Brandt shared a cautionary note, that BTC may see a steep slide in the coming months. Brandt stated that if BTC mirrors the 2021-22 market cycle, then it may risk falling to as low as $23,600. That said, BTC outflows from exchanges continue to rise, depleting available reserves – a dynamic that could result in a supply shock. As of this writing, BTC is trading at $106,920, up 1.8% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Brewing tensions between Israel and Iran have triggered global de-risking across risk-on assets, including Bitcoin (BTC). The top cryptocurrency by market cap is down 1.7% over the past 24 hours. That said, technical indicators still point toward a potential new all-time high (ATH) for BTC in the coming months. Bitcoin Tracing The ABCD Pattern According to a recent post on X by crypto analyst Titan of Crypto, BTC appears to be following the ABCD pattern. The analyst noted that Bitcoin is currently trading within a wedge formation and could target as high as $137,000 if it breaks out. For the uninitiated, the ABCD pattern is a classic chart setup with four points and three legs – AB, BC, and CD – where AB and CD are typically equal in length, and BC serves as the retracement. It helps identify potential reversal zones and signals when a price move may be losing momentum. Related Reading: Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze? Several other technical indicators also point to a potential new ATH for BTC. For instance, crypto analyst Crypto Caesar shared the following 4-hour Bitcoin chart highlighting a bullish double bottom pattern that suggests BTC is primed for recovery. Fellow crypto commentator Jelle identified a cup and handle pattern on the daily BTC chart. Jelle shared the following chart showing that BTC has already formed the “cup” and is now beginning to shape the “handle,” which typically precedes a sharp upward move. Meanwhile, crypto trader Merlijn the Trader pointed to the Hash Ribbons – an on-chain indicator historically associated with major rallies. Merlijn shared the following BTC daily chart, noting that the last four appearances of this signal preceded strong Bitcoin uptrends. To explain, Hash Ribbons is an on-chain indicator that uses Bitcoin’s 30-day and 60-day hash rate moving averages (MA) to spot miner capitulation and recovery. A bullish signal appears when the short-term average crosses above the long-term one. Are BTC Bears Regaining Ground? Although BTC remains above the psychologically important $100,000 mark, some concerning signs are beginning to emerge. The cryptocurrency was recently rejected from the $110,000 resistance level again, giving bears temporary control. Related Reading: Bitcoin’s Most Reliable Signal Just Flashed—Next Stop: $170,000 Similarly, on-chain data shows that long-term holders are beginning to exit the Bitcoin market which retail investors are starting to join in. Such dynamics are typically observed during the late phase of a bull cycle. In parallel, short-term holders are showing signs of declining confidence in BTC, as reflected in recent on-chain activity. At the time of writing, BTC trades at $105,568, down 1.7% over the past 24 hours. Featured image with Unsplash, charts from X and TradingView.com
Solana (SOL) has surged 6.6% over the past week, raising hopes among holders that the digital asset may be on the cusp of a significant rally – one that could potentially propel it to new all-time highs (ATH). A combination of strengthening fundamentals and bullish technical signals supports this optimistic outlook. Solana Primed For A Spectacular Summer? According to a recent CryptoQuant Quicktake post by contributor burakkesmeci, SOL is currently undergoing a cooling phase on both the spot and futures Bubble Maps. The analyst shared the following chart to highlight this cooling period. For the uninitiated, a bubble map visualizes volume data across exchanges, with each bubble representing trading activity for a specific pair or platform. The size of the bubble indicates the total volume, while the color shows the intensity or change in that volume – such as cooling (green), neutral (gray), or overheating (red). Related Reading: Solana Key Indicator Flashes Buy Signal On Daily Chart – Rally Ahead? At first glance, lower trading volume might seem like fading momentum. However, the CryptoQuant analyst suggests this deceleration could be a strategic accumulation phase, particularly as a potential catalyst looms on the horizon. Many in the crypto community are expecting the US Securities and Exchange Commission (SEC) to approve the first Solana exchange-traded fund (ETF) in the coming weeks. In an X post published today, Eric Balchunas, Senior ETF Analyst at Bloomberg, said Solana could lead a “potential altcoin ETF summer.” Meanwhile, predictions platform Polymarket currently places a 91% probability on a Solana ETF being approved in 2025 – the highest odds recorded since January of this year. Most speculators expect a SOL ETF to go live by July 2025. From a technical standpoint, things are also looking encouraging. In a recent X post, crypto analyst Ali Martinez remarked that if SOL breaks above the $200 mark, it could kickstart a 5x to 10x bull run. Martinez shared the following SOL weekly chart, which shows the digital asset forming a bullish Cup and Handle pattern. While the “cup” portion has already been completed, the emerging “handle” suggests the potential for significant price appreciation – possibly pushing SOL beyond $2,000. SOL Showing Promise But Take Caution Despite widespread optimism, some indicators urge caution. On-chain data recently revealed a large movement of dormant SOL coins, which has raised concerns about increased selling pressure in the near term. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 That said, a considerable number of analysts believe that SOL could surpass its current ATH of $293 later this year. At press time, SOL trades at $167.30, up 3.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
As Bitcoin (BTC) came close to slumping below the psychologically important $100,000 mark last week, the short-term holders (STH) cohort started to show signs of weakening conviction in the leading cryptocurrency, raising fears of a deeper price correction. Bitcoin STH Fear Resurfaces According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin STH’s net position has turned sharply negative over the past month. This has happened despite BTC holding above the $100,000 level. For the uninitiated, Bitcoin STH are investors who have held their BTC for less than 155 days. They are generally more reactive to price volatility and market sentiment, often selling during corrections or uncertainty. Specifically, a cumulative net position change of -833,000 BTC has been recorded among short-term holders during the ongoing pullback. By comparison, the April crash saw a net position change of around -977,000 BTC. Related Reading: Bitcoin Signals Strength As Long-Term Holder Realized Cap Surges Past $20 Billion – Details Darkfost noted that current STH behavior closely resembles the activity observed during BTC’s brief drop below $80,000 in April 2025, when the digital asset bottomed out at $74,508. The analyst wrote: Since then, STH appear to have become much more sensitive to market movements, and the recent dip around the $100,000 mark was enough to trigger renewed fear among this group of investors. BTC Showing Signs of Reversal Although BTC lost momentum after reaching its latest all-time high (ATH) of $111,814, the leading cryptocurrency regained strength over the weekend – indicating a possible reversal may be underway. Related Reading: Bitcoin Derivatives Reset: Neutral Funding And Whale Withdrawals Hint At Bullish Shift For example, seasoned crypto analyst Ali Martinez noted that BTC has broken through the key resistance level at $106,600. In a recent X post, Martinez predicted that Bitcoin could rally to $108,300 or even $110,000 if current momentum continues. In a separate X post, fellow crypto analyst Rekt Capital shared the following Bitcoin daily chart, noting that the cryptocurrency not only broke out of its two-week downtrend – highlighted in light blue – but may now be turning that former resistance into a new support level. Meanwhile, several technical indicators also point to continued bullish momentum. Notably, Bitcoin’s Hash Ribbons have recently flashed a prime buying signal. Additionally, on-chain data suggests that BTC could experience a sharp upward move in the short term, potentially driven by a negative funding rate on Binance. A prolonged period of negative funding rates often sets the stage for a short squeeze. Despite the bullish outlook, some red flags remain. Recent data shows that long-term holders are gradually exiting the market, while an influx of retail investors could add volatility to the current rally. At press time, BTC trades at $107,627, up 1.9% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
As political tensions between US President Donald Trump and Elon Musk escalated yesterday, the Bitcoin (BTC) market experienced a sharp shift in sentiment, with the funding rate on Binance flipping from positive to negative within hours. Bitcoin Funding Rates Turn Negative On Binance According to a CryptoQuant Quicktake post by contributor Darkfost, BTC funding rates on Binance have once again turned negative, even as the top cryptocurrency continues to trade above the $100,000 mark at the time of writing. Related Reading: Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows The analyst attributed the sudden reversal in funding – from +0.003 to -0.004 – to the public spat between Trump and Musk on social media. This rapid shift reflects growing fear among market participants amid heightened uncertainty. Following the sentiment shift, BTC fell from the mid-$100,000 range to a low of $100,984, according to CoinGecko. Over the past two weeks, the asset has declined by 4.1%. That said, the current dip may offer a prime buying opportunity to investors. If Bitcoin rebounds strongly, it could result in a strong resurgence in buying pressure, leading to a short squeeze that may propel BTC’s price further up. Darkfost highlighted that there have been three instances during the current market cycle when BTC witnessed such deep negative funding. Notably, each of these instances were followed by a strong upward move in the cryptocurrency. For example, on October 16, 2023, BTC dipped into negative funding territory before rallying from $28,000 to $73,000. A similar pattern played out on September 9, 2024, when the asset surged from $57,000 to $108,000. The most recent case was on May 2, 2025, when BTC jumped from $97,000 to a new all-time high (ATH) of $111,000. If history repeats, then the market may see a new ATH for BTC in the coming weeks. Darkfost noted: Such extreme readings often mark moments of maximum pessimism, precisely the kind of sentiment that can precede a strong bullish reversal when the short term negativity is gone. Large Investors Increase BTC Exposure Meanwhile, Bitcoin whales – wallets holding large amounts of BTC – continue to accumulate at a rapid pace. Notably, new whales have acquired BTC worth $63 billion, reflecting strong confidence in the asset’s near-term prospects. Related Reading: Bitcoin Hash Ribbons Indicating Prime Buying Opportunity, Analyst Says Supporting this bullish outlook, recent analysis by QCR Capital indicates that large investors expect BTC to surge to as high as $130,000 by the end of Q3 2025. Additionally, the realized cap held by long-term holders has surpassed $20 billion, reinforcing positive sentiment. That said, some analysts urge caution, expecting BTC to crash below $100,000 before resuming its bullish momentum. At press time, BTC trades at $104,069, down 0.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Bitcoin (BTC) remains range-bound in the mid-$100,000s, showing no clear directional bias. However, the Hash Ribbons indicator is now flashing a fresh buy signal, suggesting that the top cryptocurrency may be gearing up for its next upward move. Bitcoin Hash Ribbons Flash Buy Signal According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin’s Hash Ribbons are signalling a potential prime buying opportunity for the leading digital asset. This signal coincides with Bitcoin’s hashrate reaching new all-time highs (ATH). Related Reading: Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto For the uninitiated, Bitcoin Hash Ribbons is an on-chain indicator that analyzes miner stress by comparing the 30-day and 60-day moving averages of Bitcoin’s hashrate. When the short-term average crosses above the long-term average after a period of decline, it signals that miner capitulation is ending – often marking a strong long-term buying opportunity. Such signals can emerge when mining becomes unprofitable for certain miners, forcing them to sell their BTC holdings to stay afloat. These sell-offs may temporarily pressure the price, but historically they have created attractive long-term buying opportunities. In their analysis, Darkfost notes that while the current signal is bullish from a long-term perspective, it could lead to a short-term pullback in BTC price. However, he emphasizes that any dip should be viewed as a chance to accumulate. Darkfost also pointed out that the Hash Ribbons indicator has historically been reliable, with the exception of 2021 during the China mining ban. They shared the following chart illustrating how the indicator is currently showing a strong buy signal. Is BTC Headed For A Crash? While the Hash Ribbons suggest a favorable long-term setup, some analysts warn that the short-term correction could be deeper than expected. For instance, crypto analyst Xanrox used the Fibonacci levels to forecast that BTC may tumble as low as $98,000. Related Reading: Bitcoin Warning Signs? Long-Term Holders Exit While Retail Buyers Rush In Similarly, analyst Jelle noted that Bitcoin may face “one last speed bump” before launching a major rally to $140,000. Meanwhile, more pessimistic voices continue to warn of a dramatic crash, with some speculating that BTC could fall below $10,000 – a view seen as increasingly unlikely by most market participants. Despite the varying predictions, fresh on-chain data points to a healthy BTC market in the near to medium term. For instance, CryptoQuant contributor Amr Taha recently highlighted that the derivatives market has undergone a reset, with funding rates stabilizing around neutral levels. Similarly, Fundstrat’s Head of Research, Tom Lee foresees BTC surging to as high as $250,000 by the end of the year. At press time, BTC trades at $105,367, up 0.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Despite recent volatility, several key indicators are pointing to a bullish undercurrent for Bitcoin (BTC). These include Binance’s rising market dominance, renewed accumulation by long-term holders (LTH), and significant BTC withdrawals from major crypto exchanges. Bitcoin Showing Signs Of Renewed Strength At the time of writing, Bitcoin is trading in the mid-$100,000 range – approximately 6.1% below its latest all-time high (ATH) recorded on May 22. The flagship cryptocurrency has declined more than 3.5% over the past seven days amid renewed concerns over global trade tensions and tariffs. Related Reading: Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming? However, according to a recent CryptoQuant Quicktake post by contributor Amr Taha, several bullish signals have emerged since the start of June. Most notably, the LTH Net Position Realized Cap recently crossed the $20 billion threshold, reflecting increased confidence among seasoned investors. For context, LTHs are entities that have held BTC for over 155 days. Often referred to as “smart money,” these investors typically follow long-term strategies and are less likely to sell during short-term market corrections. The Realized Cap metric tracks the total value of BTC held by LTHs, based on the price at which coins were last moved. A rising value in this metric implies accumulation by long-term investors – behavior that historically precedes bullish continuation phases. Meanwhile, major exchanges such as Kraken and Bitfinex have witnessed substantial BTC outflows. Over two consecutive days, more than 20,000 BTC exited these platforms – marking one of the largest short-term withdrawal spikes in recent months. Such major Bitcoin withdrawals from exchanges are considered bullish because they signal that investors intend to hold their BTC in private wallets rather than sell it, reducing the available supply for trading. This supply contraction can create upward pressure on price, especially when demand remains steady or increases. At the same time, Binance has strengthened its lead in spot market dominance. Since early June, its share of BTC spot trading volume has increased from 26% to 35%, signalling growing market activity. This uptick aligns with BTC testing key resistance levels. Taha remarked: The convergence of rising exchange dominance, long-term holder confidence, and supply tightening paints a bullish picture for Bitcoin. While short-term corrections are possible, the underlying demand and reduction in available BTC on exchanges suggest that the uptrend is far from over. BTC Benefitting From Neutral Funding Rates, Low Selling Pressure Recent on-chain data shows that the BTC derivatives market has undergone a complete reset, with its funding rates now hovering around zero, not showing any directional bias. Similarly, selling pressure on BTC has remained subdued, evident from low Binance inflows. Related Reading: Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows That said, some caution is warranted. Fresh on-chain data suggests that cracks may be forming in the sustainability of the current bullish momentum. At press time, BTC trades at $105,022, down 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
As Bitcoin (BTC) retreats from its recent all-time high (ATH) of $111,814 – currently trading in the mid-$100,000 range – emerging on-chain data signals that the cryptocurrency’s strong momentum over the past month may be waning. Deeper Correction Ahead For Bitcoin? According to a recent CryptoQuant Quicktake post by contributor Amr Taha, the Bitcoin market is undergoing several notable on-chain shifts. These include significant stablecoin outflows from Binance, a decline in long-term holder (LTH) participation, and diverging accumulation patterns among wallet cohorts. Related Reading: Bitcoin Eyeing $112,000 After Bullish Double Bottom Breakout, Analyst Says One of the most striking indicators is the net outflow of over $1 billion in stablecoins from Binance. This suggests traders are moving funds off the exchange and into private wallets, typically a sign of reduced risk appetite or diminished intent to buy crypto in the near term. Such large-scale stablecoin withdrawals often indicate declining buying power and can precede a loss of market momentum or a shift toward profit-taking and caution. If the trend continues, BTC may slip further, potentially losing the psychologically important $100,000 level. In parallel, long-term holders (LTH) have also pulled back. The Net Position Realized Cap for LTHs plummeted from $28 billion to just $2 billion by the end of May 2025 – signaling that these investors are no longer increasing their exposure despite the recent price surge. Further, 60-day wallet behavior trends point to a divergence in market sentiment. Large holders with 1,000 to 10,000 BTC have been gradually offloading their positions, while smaller retail cohorts holding 100 to 1,000 BTC have been aggressively accumulating, buying into the rally. Taha remarked: The combination of heavy stablecoin withdrawals, reduced LTH accumulation, and shifting cohort behaviors signals a market in transition. Whether this sets the stage for a cooling-off period, a healthy consolidation, or renewed momentum will depend on how new capital re-enters the system and whether retail buyers can sustain the current rally without institutional reinforcement. All Hope Is Not Lost While the aforementioned data points hint toward a potential looming price correction for the apex digital asset, other on-chain data shows that BTC is likely to continue its upward trajectory, potentially to new ATHs. Related Reading: Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming? CryptoQuant contributor Crypto Dan recently highlighted that the Bitcoin Net Realized Profit/Loss (NRPL) metric supports a continued upward trajectory, noting that current profit-taking levels are modest compared to previous cycle peaks. Additionally, BTC outflows from centralized exchanges are increasing, with a recent 7,883 BTC withdrawal from Coinbase. This could point to renewed institutional interest and accumulation in anticipation of another upward move. At press time, BTC trades at $103,854, down 0.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Although Bitcoin (BTC) appears to have stalled in the mid-$100,000 range, on-chain data indicates that the top cryptocurrency’s bullish momentum is far from over. BTC recently hit a new all-time high (ATH) of $111,980, prompting several crypto analysts to forecast even higher prices in the near term. Bitcoin Rally Far From Over, Data Suggests According to a recent CryptoQuant Quicktake post by contributor Crypto Dan, Bitcoin is still “highly likely” to continue its upward trajectory. The analyst shared the Bitcoin Net Realized Profit/Loss (NRPL) chart to support this outlook. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? The NRPL chart highlights the scale of realized profits and losses by market participants who are selling BTC. A relatively low NRPL during price increases typically signals that profit-taking is limited, often indicating the continuation of a bullish trend. In the chart, the current level of profit realization is highlighted in right-most red box. While the recent price surge may trigger a short-term correction, the extent of realized profits does not suggest the end of the ongoing upward cycle. As Dan noted: Compared to the NRPL spikes at past cycle peaks, this round of profit-taking is relatively limited. In particular, when compared to the movements at the highs in March and November 2024, the current level of profit realization is notably lower. Dan concluded that the current level of profit-taking does not point to a major trend reversal. Instead, Bitcoin is poised to continue climbing, potentially targeting levels beyond $120,000 in the coming weeks. Despite the optimism, some market watchers remain cautious. Noted crypto analyst Ali Martinez recently suggested that Bitcoin’s current price action might be a bull trap, with BTC at risk of falling below the $100,000 threshold. For the uninitiated, a bull trap refers to when the asset briefly breaks above a well-established resistance range, leading traders to believe a breakout is occurring, but then quickly reverses and falls back below the resistance level. This move often plays out to lure in long positions before liquidating them as the price drops back into the previous range. Bitcoin Selling Pressure Weak, Retail Yet To Arrive On a more positive note, multiple on-chain indicators suggest Bitcoin is not yet near its cycle top. Notably, retail investor participation in the current rally remains limited – a sign that the market may still have room for a second wave of capital inflow. Related Reading: Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Are Institutions Loading Up? Likewise, Binance inflow data shows that certain investor groups are not eager to sell their BTC, possibly anticipating further gains. At press time, BTC is trading at $105,659, down 2.5% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Recently, Bitcoin (BTC) achieved a new all-time high (ATH) of $111,980 on Binance crypto exchange, surpassing its previous ATH of $108,786 recorded in January 2025. However, this rally is missing a crucial element that has historically fuelled sustained bull markets – retail investor participation. Bitcoin Rally Low On Retail Interest According to a recent CryptoQuant Quicktake post by contributor burakkesmeci, retail activity during the current BTC rally is notably subdued. This is unusual, as fresh ATHs typically draw significant attention from smaller investors. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? The analyst shared the following chart highlighting this trend. It shows that BTC transfer volume in the $0 to $10,000 range – a proxy for retail demand – has only seen a slight uptick, even as prices surge. While Bitcoin’s price has been climbing steadily (white line), the 30-day percentage change in retail demand (green line) has remained largely flat. This indicates that the current momentum is likely driven by institutional investors, with retail participants yet to join in meaningfully. Recent developments support this view. For instance, institutional heavyweight Strategy continues to increase its BTC holdings, now closing in on the 600,000 BTC mark. Historical patterns – particularly from the 2020–2021 bull run – suggest that while institutional accumulation often kicks off a rally, retail investors are typically the fuel that propels it to sustained highs. Without significant retail volume, the current rally may lose steam. Concluding, the CryptoQuant analyst stated that for BTC to continue its price expansion, a clear uptick in retail participation is necessary. They added: We’re seeing early signs of movement, but it’s not yet a breakout. If retail volume kicks in over the next few weeks, new ATHs may just be the beginning. Predicting BTC’s Next Move Recent flows from crypto exchanges show that BTC reserves are dwindling at a fast pace. For instance, US-based exchange Coinbase recently saw a new outflow of 7,883 BTC, raising speculations of institutions loading up on the apex digital asset before its next leg up. Related Reading: Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon? Similarly, technicals point toward BTC hitting another ATH soon. The top cryptocurrency by market cap recently broke out of a double bottom pattern on the hourly chart, fuelling hopes of a surge toward the $112,000 mark. Meanwhile, whale behavior has been mixed. While short-term whales have taken profits, long-term holders remain steadfast, showing minimal signs of selling. That said, BTC’s medium-term outlook remains overwhelmingly positive, with some researchers predicting a $200,000 price target by the end of 2025. At press time, BTC trades at $108,802, down 0.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
As Bitcoin (BTC) continues to trade near its recent all-time high (ATH) of $111,980, activity on major crypto exchanges suggests that institutional investors may be strengthening their BTC holdings. Most notably, Coinbase – the leading US-based crypto exchange – recorded a net outflow of 7,883 BTC, raising speculation about renewed institutional demand and a potential continuation of the rally. Coinbase Sees 7,883 Bitcoin Outflow According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Coinbase experienced a daily outflow of 8,742 BTC on May 26. After accounting for BTC deposits, the net outflow stood at 7,883 BTC – marking the third-largest single-day BTC outflow from the exchange in the past month. For the uninitiated, daily BTC outflow refers to the total amount of Bitcoin withdrawn from an exchange within a day, while net outflow is the difference between BTC withdrawn and deposited – showing the actual net movement of funds. A positive net outflow means more BTC left the exchange than entered, often signaling accumulation. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? Historically, large BTC outflows from Coinbase are often followed by institutional announcements or spot Bitcoin exchange-traded fund (ETF) inflows. Since all US-listed spot Bitcoin ETFs – except Fidelity’s – source their BTC from Coinbase, the scale of this transaction suggests potential ETF involvement or a corporate acquisition. One likely candidate is Strategy, led by Michael Saylor. The company recently disclosed a purchase of 7,390 BTC, bringing its total holdings to 576,230 BTC. Saylor has also hinted at another large acquisition, although only time will tell whether the latest Coinbase outflows are connected to the firm. Supporting this institutional narrative is the Coinbase Premium Index, which has remained consistently positive over the past month. This metric reflects stronger buying pressure from US-based investors, often linked to institutional demand. The analyst concluded: These outflows reflect sustained demand from U.S.-based institutions. If this appetite continues, it may lay the groundwork for another leg up in Bitcoin’s price. Especially when fueled by ETF inflows, such moves can lead to sharp price breaks and new highs. New BTC ATH Soon? At the time of writing, Bitcoin is trading at $109,589, just 1.9% below its all-time high. However, multiple on-chain and technical indicators suggest that BTC could soon break into uncharted territory. Related Reading: Bitcoin Rebound Signals Healthier Bull Market Without Overheating, Analyst Says CryptoQuant contributor ibrahimcosar recently noted that Bitcoin may be targeting the $112,000 mark after forming a double bottom pattern on the hourly chart. Meanwhile, the Bitcoin Spot Taker CVD (Cumulative Volume Delta) has flipped back to positive, signaling bullish momentum. Moreover, on-chain metrics show that holders are not rushing to sell, even while sitting on significant unrealized gains, suggesting belief in further price appreciation. At press time, BTC trades at $109,589, down 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
After a slight weekend slump that saw Bitcoin (BTC) dip to $106,600, the leading cryptocurrency has recovered most of its losses and is currently trading close to the $110,000 level. With bullish momentum building, several crypto analysts now believe that BTC may be on track to hit a new all-time high (ATH) in the coming days. Bitcoin To Surge To $112,000? Analyst Says Yes According to a recent CryptoQuant Quicktake post by contributor ibrahimcosar, Bitcoin is forming a classic bullish pattern on the hourly chart – the double bottom. The analyst described this setup as “one of the strongest reversal signals” in technical analysis. Related Reading: Bitcoin Rebound Signals Healthier Bull Market Without Overheating, Analyst Says Ibrahimcosar explained that this pattern signals a weakening of bearish pressure, with buyers poised to regain control of the market. The first bottom of this formation was observed on May 23 at $106,800, followed by a second low on May 25 at $106,600. For the uninitiated, the double bottom is a bullish reversal chart pattern that forms after a downtrend, characterized by two distinct lows at a similar level with a moderate peak – called neckline – in between. According to the CryptoQuant contributor, the current neckline is around $109,000. At the time of writing, Bitcoin is hovering just above this neckline, confirming the breakout. Importantly, the breakout was accompanied by a surge in trading volume, which analysts interpret as a sign of robust bullish momentum. If $109,000 holds as support, then price levels beyond $112,000 could be on the horizon. The analyst explained in their Quicktake post: Double bottoms are where the market says: ‘We’ve sold enough.’ When buyers defend the second bottom, it sends a message: Now it’s our turn. But remember, not every pattern plays out. Know your risk, make your decision. Fellow analyst Ali Martinez echoed this sentiment in a recent post on X, sharing the following BTC hourly chart that highlights a breakout from the recent downtrend. According to Martinez, Bitcoin is now targeting the $110,000 level and potentially higher. Good Days Ahead For BTC Following a rough first quarter in 2025, Bitcoin has shown significant recovery, surging from a local bottom of $74,508 on April 6 to nearly $110,000. This recent rally has revived bullish sentiment across the market. Related Reading: Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You Fueling the optimism are strong inflows into spot Bitcoin exchange-traded funds (ETFs), indicating renewed institutional interest. Meanwhile, Bitcoin’s open interest recently hit a fresh all-time high, reinforcing expectations of continued price momentum. However, not all indicators are aligned. Bitcoin whales – large holders of BTC – have shown mixed behavior, with some accumulating while others appear to be taking profits. At press time, BTC trades at $109,998, up 2.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and Tradingview.com
As Bitcoin (BTC) hit a new all-time high (ATH) of $111,980 on Binance crypto exchange yesterday, technical data suggests that the latest BTC rally is being dominated by buyers. If this trend continues, BTC may see further price appreciation in the near term. Buyers Regain Control Of Bitcoin Spot Market According to a recent CryptoQuant Quicktake post by crypto analyst ibrahimcosar, buyers appear to be dominating the BTC spot market. The analyst observed that the Bitcoin Spot Taker Cumulative Volume Delta (CVD) has shifted back into green territory. For the uninitiated, Bitcoin Spot Taker CVD measures the difference between taker buy and taker sell volumes on spot exchanges over time. A rising Spot Taker CVD indicates that aggressive buyers are dominating the market, signalling potential bullish momentum. Related Reading: Bitcoin Retail Demand Rises 3.4% As Small Investors Return To The Market – New ATH Soon? BTC Spot Taker CVD turning green is signficant. Most notably, it means buy orders have regained dominance after an extended period in which sell orders led the market. A higher volume of buy orders over time suggests that Bitcoin’s current bullish momentum may persist. As shown in the chart shared by ibrahimcosar, the CVD remained mostly red for the majority of Q1 2025 – indicating strong selling pressure. This selling behavior aligned with BTC’s price action, which saw the asset fall from its previous ATH in January to a low of around $76,000 in April. The fact that BTC’s Spot Taker CVD has turned green while the asset is setting fresh ATHs makes this trend especially noteworthy. It indicates that buyers are willing to accumulate BTC even at historically high prices, likely in anticipation of continued upside. That said, recent price action might temporarily interrupt BTC’s momentum. In an X post, crypto analyst Ali Martinez suggested that BTC could soon break down from its current range of $110,400 to $111,100. A Different Kind Of Rally Typically, BTC hitting a new ATH is usually met with wider market euphoria, leading to a sharp price decline that catches most investors off-guard. However, experts opine that the current rally is different from previous cycles. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? Recent analysis by CryptoQuant contributor Crazzyblockk suggests that new and short-term BTC investors are sitting on substantial unrealized profits, and not showing any signs of panic selling amid the cryptocurrency’s price surge to new highs. Similarly, whale reaction to BTC’s bullish price trajectory has been mixed. While new whales have been taking major profits during the ongoing rally, old whales have resisted selling their holdings, showing minimal selling activity. Finally, the neutral funding rates in the BTC futures market reinforce the idea that the current rally is more organic and less driven by speculation than those in the past. At press time, BTC trades at $108,553, down 2.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and Tradingview.com
Yesterday, Bitcoin (BTC) made a fresh all-time high (ATH) of $111,880 on Binance crypto exchange following months of downward action during the first quarter of the year. The leading cryptocurrency has rebounded over 45% from its April 6 low of approximately $76,000, and recent whale behavior suggests that long-term holders see further upside potential. Bitcoin ATH Sees Mixed Reaction From Whales According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk, new whales – wallets that have held substantial BTC amounts for less than 30 days – have been aggressively taking profits during the current price rally, contributing to increased selling pressure. Related Reading: Bitcoin Retail Demand Rises 3.4% As Small Investors Return To The Market – New ATH Soon? In contrast, old whales – wallets holding significant BTC for over six months – have shown minimal selling activity. This indicates long-term confidence in Bitcoin and expectations of continued price appreciation. Meanwhile, whales active between 7 to 30 days ago have engaged in moderate profit-taking, suggesting cautious participation in the ongoing rally. While the restrained activity from old whales is a positive signal, some indicators point to caution regarding the rally’s sustainability. For example, the Net Realized Profit/Loss (NRPL) during the current price surge is significantly lower than levels observed during previous 2024-2025 market tops. This indicates weaker overall profit-taking momentum among investors. For the uninitiated, NRPL measures the net profit or loss investors are locking in when they sell their Bitcoin, based on the price difference between acquisition and sale. A high NRPL indicates strong profit-taking behavior, while a low or negative NRPL suggests reduced enthusiasm or capitulation. Is The Market Headed Further Up? Although a low NRPL may imply that the market is not yet euphoric – a potentially healthy sign – it also raises concerns about the strength and sustainability of the ongoing rally. These dynamics could influence BTC’s price trajectory across different timeframes. Related Reading: Buy Bitcoin, Ditch The Banks Before It’s Too Late—Kiyosaki In the short-term, continued profit-taking by new whales may trigger a price correction to neutralize overheated market conditions. A drop in price could send BTC back to the $100,000-$105,000 support zone. In contrast, in the mid-term, the ongoing inactivity of old whales coupled with low NRPL levels could support a bullish continuation after a consolidation phase. Investors may view pullbacks as opportunities to accumulate more BTC. To conclude, while a short-term price correction remains possible, the mid-term outlook for Bitcoin is largely optimistic – assuming old whales maintain their positions and NRPL remains low. This aligns with recent on-chain analyses showing that many new BTC investors are sitting on solid unrealized gains and are not showing signs of panic selling, despite Bitcoin trading close to ATHs. At press time, BTC trades at $111,500, up 4.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the leading cryptocurrency. Bitcoin Unrealized Profits Remain High But No Panic Selling Yet According to a recent CryptoQuant Quicktake post by Bitcoin analyst Crazzyblockk, the cohort of new investors – those who have held BTC for less than one month – is currently sitting on unrealized profits of 6.9%. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? In the same vein, short-term investors – holders who have held Bitcoin for less than six months – are sitting on unrealized profits of 10.7%. These figures highlight that the unrealized profit/loss ratio remains elevated, with unrealized profits far outweighing unrealized losses. Crazzyblockk noted that while historically, a high percentage of unrealized profits across the network tends to precede sharp price corrections, the current setup appears different. They added: Past cycles have shown that extreme profit concentration tends to precede volatility; however, current market structure shows no outsized concentration of risk in one participant group. The relatively narrow spread in unrealized profits between new and short-term holders indicates that profit distribution is balanced. Furthermore, although profit levels are high, loss levels remain compressed, suggesting limited pressure from distressed sellers. The contributor remarked: While macro conditions and volatility risk remain elevated, and a price correction cannot be ruled out, there is no strong behavioral signal suggesting a high willingness to trigger major distribution or selling. Further Upside For BTC? Meanwhile, seasoned crypto analyst Ali Martinez recently predicted further upside for Bitcoin. In a post on X, Martinez noted that BTC has undergone another bullish breakout, with the potential to reach a new all-time high (ATH) around $111,500. The current momentum has also drawn in retail investors. According to CryptoQuant contributor Carmelo Aleman, wallets holding less than $10,000 worth of BTC are steadily returning to the market – a sign of growing retail participation. Related Reading: Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says That said, some warning signs may still dampen BTC’s current bullish trajectory. For instance, despite the recent encouraging price action, Bitcoin’s Demand Momentum remains subdued. Similarly, Bitcoin’s “supply scarcity” narrative still lacks meaningful strength, as Aleman recently stressed that despite depleting exchange reserves, BTC is not likely to face genuine supply scarcity in the near term. At press time, BTC trades at $106,528, up 1.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Retail participation in the Bitcoin (BTC) market is on the rise, as on-chain data indicates that smaller investors are gradually re-entering the space. This renewed activity is often a sign of growing confidence in the asset and can act as a catalyst for the next leg up in price. Bitcoin Witnesses Rise In Retail Participation According to a recent CryptoQuant Quicktake post by on-chain analyst Carmelo Aleman, retail investors – defined as wallets holding less than $10,000 worth of BTC – are steadily returning to the market. These participants are typically the most reactive to market movements. Related Reading: Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says Aleman noted that while retail investors may not always time the market as effectively as institutional players, their behavior remains a key barometer of broader market sentiment. As more retail investors join, they tend to create a positive feedback loop, reinforcing bullish narratives and driving increased buying pressure, which can attract even more participants. The BTC: Retail Investor 30-Day Change indicator reflects this trend. Since turning positive on April 28, the indicator has shown a 3.4% increase in retail buying through May 13, signalling a strong resurgence in small-investor activity. Aleman added that if Bitcoin maintains its upward momentum, the broader crypto market could benefit, as retail investors may begin diversifying into other assets in search of higher returns. He wrote: This could benefit the entire crypto space, as small investors are likely to diversify into other projects, including DeFi, staking, futures, and other instruments. All signs point to this shift in retail behavior being the start of a new wave of mass adoption in the cryptocurrency market. Aleman also emphasized monitoring other on-chain indicators such as active addresses, unspent transaction output (UTXO) count, new addresses, and transfer volume, which often rise in tandem with growing retail activity. A Few Warning Signs For BTC While rising retail interest is encouraging, a few red flags suggest caution. Notably, the Exchange Stablecoins Ratio (USD) recently surged to 5.3 during Bitcoin’s rally to $104,000. This suggests that BTC reserves on exchanges now exceed stablecoin balances – a signal that selling pressure could be building. Related Reading: Bitcoin Flashing Pre-Rally Signals Seen Before Major 2024 Breakouts, Analyst Says According to CryptoQuant contributor EgyHash, a reading above 5.0 is historically significant. A similar spike to 6.1 in January was followed by a sharp price correction, indicating that investors may be rotating from BTC back into cash. Despite some cautionary indicators, Bitcoin continues to exhibit bullish momentum. The Stochastic RSI is showing renewed strength, and other technical signals suggest the rally could continue. At press time, BTC trades at $103,993, up 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and Tradingview.com
Ethereum (ETH) has surged over 40% in the past two weeks, trading in the mid-$2,000 range at the time of writing. Notably, several key indicators suggest that the ongoing ETH rally is being driven more by spot market demand than leveraged trading – an encouraging sign of a potentially sustainable bull run. Ethereum Rally Driven By Spot Demand After lagging behind other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for much of the past year, ETH is now showing signs of an organic uptrend. According to CryptoQuant analyst ShayanMarkets, the current momentum appears to be primarily spot-driven, rather than fueled by speculative futures trading. Related Reading: Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains In a recent CryptoQuant Quicktake post, ShayanMarkets highlighted that ETH funding rates have remained ‘relatively flat’ despite the price surge. This is significant because funding rates are typically a reflection of sentiment in the perpetual futures market. To explain, funding rates are periodic payments exchanged between traders in perpetual futures contracts to keep the contract price aligned with the spot price of the asset. Positive funding rates indicate that long positions are paying shorts, typically signaling bullish market sentiment, while negative rates suggest bearish sentiment. In Ethereum’s case, flat funding rates during this recent rally indicate that the upward price action is being powered by genuine buying in the spot market, not speculative leverage. This makes the uptrend less prone to sudden reversals triggered by mass liquidations. As ShayanMarkets noted: Still, for the bullish momentum to be sustained and validated, funding rates should begin to rise, reflecting increased confidence and more aggressive positioning by futures traders. Meanwhile, other analysts predict further upside for ETH. For instance, noted crypto analyst Ali Martinez recently remarked that if ETH can decisively break through the $2,380 resistance level, then it could enter a new bull rally. In his latest X post, Martinez emphasized that ETH’s new critical support range lies between $2,060 and $2,420. The analyst noted that close to 10 million wallets hold more than 69 million ETH between these levels. New ETH ATH On The Horizon? Although Ethereum remains well below its all-time high (ATH) of $4,878 reached in November 2021, many market watchers believe a new ATH for the second-largest cryptocurrency by market cap could be on the horizon. Related Reading: Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent? In the same vein, crypto analyst Titan of Crypto recently noted that ETH is following a V-shape recovery. The analyst shared the following weekly chart that compares BTC and ETH price action, predicting that ETH is likely to follow BTC’s trajectory. Meanwhile, analyst Ted Pillows outlined five bullish factors that could push ETH to $12,000 in 2025 – including favorable regulatory developments and strong inflows into spot exchange-traded funds (ETF). At press time, ETH trades at $2,555, up 3% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant, X, and TradingView.com