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As Bitcoin (BTC) continues to consolidate slightly below the $120,000 level, the dominance of new investors is steadily rising. However, on-chain data shows that BTC is still far from overheating, suggesting the premier cryptocurrency may have more room to run before a significant correction sets in. Bitcoin May Still Have Some Room To Run According to a CryptoQuant Quicktake post by contributor AxelAdlerJr, new investor dominance in Bitcoin is gradually increasing – currently hovering around 30%, which is only halfway to the historical “overheated” threshold. Related Reading: Bitcoin Overheating Signals Easing – Is A Second-Half Rally Ahead? The analyst shared the following chart, which highlights two past instances – marked in orange – when new investor dominance reached overheated levels and coincided with BTC local price tops. The first instance occurred in March 2024 when the metric hit 64%, and the second in December 2024 when it peaked at 72%. In both cases, BTC experienced a significant pullback, leading to the formation of local bottoms. Notably, as the influx of new liquidity dried up during these phases, long-term holders began actively taking profits. This added further pressure on BTC’s price. Currently, while new investor dominance is trending higher, it remains well below the euphoria zone – typically between 60% and 70% – suggesting more upside potential in BTC’s bullish momentum before exhaustion. Meanwhile, older holders continue to sell moderately. The chart indicates a coefficient of 0.3, showing that the supply of three-year-old BTC is still absorbing fresh demand without sharp disruptions. From a long-term perspective, the market remains balanced, and the risk of large-scale capitulation from veteran wallets appears low. AxelAdlerJr concluded: If the indicator’s growth accelerates and approaches the historical corridor of 0.6-0.7, one should expect intensified profit-taking and, consequently, a correction. For now, the supply/demand structure remains in a healthy late bull cycle phase, when new money is coming in but old players have not yet transitioned to mass selling. Is BTC Price About To Stall? While the data above suggests that Bitcoin still has room to grow, other indicators point to waning momentum. One such signal is the recent decline in the Bitcoin Coinbase Premium Gap, which has broken its long streak of positive values. Related Reading: Bitcoin’s Rally Might Be Running on Fumes, Analyst Warns of August Turning Point Fellow CryptoQuant analyst ArabChain confirmed this development in their analysis. They noted that US investor enthusiasm for BTC appears to be cooling at current price levels. That said, positive macroeconomic factors – such as BTC’s historical correlation with global M2 money supply expansion – could still lead the digital asset to new all-time highs in the near term. At press time, BTC trades at $118,371, up 0.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Following another rejection at the $120,000 level, Bitcoin (BTC) is beginning to show signs of cooling off – potentially setting the stage for another rally in the second half of the year. Some analysts now predict that BTC’s next top could approach $150,000. Bitcoin’s Current Overheating Phase Short-Lived According to a CryptoQuant Quicktake post by contributor Crypto Dan, Bitcoin is currently entering a cooling-off period after a short-term overheating phase. The warning signs are most evident in the cohort of BTC held for one day to one week. Related Reading: Bitcoin Flow Pulse Breaks From 2017, 2021 Patterns – What It Means For The Rally Crypto Dan shared the following chart showing that this short-term holding cohort is now recording successively lower spikes, suggesting that overheated market conditions are easing. The analyst compared the current environment to previous overheating phases seen between March-October 2024 and January-April 2025. In both instances, the overheating lasted longer and was more intense (shown in red boxes). In contrast, the current overheating conditions (shown in yellow box) show shorter extent and duration compared to the aforementioned two instances. The analyst added: Also, since the recent price increase was relatively modest, we may see a milder and shorter correction in the short term. However, it’s important to remain patient and look forward to a potential uptrend in the second half of 2025. The increase in BTC’s price during the latest rally saw the digital asset surge from around $108,000 on July 1 to a new all-time high (ATH) of $123,128 on July 13, before stabilizing around the $117,500 mark at the time of writing. Is BTC Preparing For Its Next Big Move? As Bitcoin consolidates, several analysts suggest the top cryptocurrency may be gearing up for a major move – likely to the upside. Veteran crypto analyst Titan of Crypto noted that Bitcoin is currently “in a pressure cooker.” Related Reading: Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says Titan of Crypto shared the following chart, highlighting that Bollinger Bands are tightening while volatility is shrinking. At the same time, the Relative Strength Index (RSI) is compressing – often a precursor to a breakout. Fellow analyst Ali Martinez added that BTC’s next top could reach $149,679, based on the Cumulative Value Days Destroyed (CVD) metric. For context, the CVD metric measures whether buyers or sellers are dominating trading volume over time. That said, some warning signs linger. Recently, Bitcoin exchange reserves reached a one-month high, suggesting that some holders may be preparing to sell – potentially putting pressure on the current bullish trend. At press time, BTC trades at $117,546, down 0.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally Driven By Fresh Capital According to a CryptoQuant Quicktake post by contributor Carmelo Aleman, claims that ETH’s current rally is a result of capital rotation from Bitcoin to Ethereum are unfounded. Aleman references on-chain data – especially the Bitcoin Realized Cap – to explain his analysis. Related Reading: Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High? For the uninitiated, Bitcoin’s Realized Cap measures the total value of all BTC in circulation based on the price at which each coin last moved on-chain, rather than the current market price. It provides a more accurate view of actual capital invested in Bitcoin, helping identify accumulation or distribution trends over time. Aleman shared the following chart showing that, as of July 25 at 11 AM UTC, Bitcoin reached a new all-time high (ATH) in Realized Cap at $1.018 trillion. This increase strongly suggests that capital remains flowing into Bitcoin – not out of it. In fact, Bitcoin’s Realized Cap has continued to rise, albeit gradually, even as Ethereum gained bullish momentum. Aleman explains that brief pauses in BTC price action typically align with phases of capital accumulation, which have historically preceded major rallies. Further, Aleman remarked that ETH is simply benefitting from the strong growth prospects of the Ethereum ecosystem. July witnessed a significant surge in interest in the ETH ecosystem, which reflected in the steep rise in price of the digital asset. Ethereum Network Seeing Returning Interest Multiple metrics reinforce the view that new capital is entering the Ethereum ecosystem. For example, data from DefiLlama shows that the Total Value Locked (TVL) in Ethereum’s decentralized finance (DeFi) platforms has risen significantly – from $49 billion on April 29 to $84.6 billion by July 29. Additional on-chain metrics point to a similar trend. According to etherscan.io, daily transactions on the Ethereum network have been climbing steadily, with nearly 1.48 million transactions recorded on July 27 alone. Related Reading: Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet There’s also growing speculation that Ethereum’s declining circulating supply is contributing to upward price pressure. Over the past month, ETH reserves on centralized exchanges have dropped by one million coins, supporting the narrative of a developing “supply crunch.” Adding to that, Ethereum liquid staking recently reached a new record high, with 35.5 million ETH now locked in liquid staking protocols. At press time, ETH trades at $3,772, down 1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, DefiLlama, and TradingView.com

Yesterday, Bitcoin (BTC) once again faced rejection around the $120,000 resistance level after briefly reaching a high of $119,760. At the time of writing, the top cryptocurrency is trading slightly lower at $118,900. However, a sharp increase in whale inflows to Binance threatens to trigger further downside pressure for the digital asset. Binance Whales Ramp Up Bitcoin Deposits According to a recent CryptoQuant Quicktake post by contributor BorisVest, Bitcoin whale activity on Binance has increased significantly in recent days. In particular, the Binance Whale Inflow metric recorded a notable spike on July 25, signalling rising institutional participation in exchange deposits. Related Reading: Bitcoin Flow Pulse Breaks From 2017, 2021 Patterns – What It Means For The Rally On that day alone, the 30-day cumulative inflow to Binance surged by $1.2 billion, fuelling short-term selling pressure across the market. Data from CoinGlass shows that between July 24 and July 25, roughly $141 million worth of BTC long positions were liquidated as a result. It’s worth noting that alongside this spike in whale deposits, retail investors have also been moving their holdings to exchanges. However, their participation remains relatively low in comparison, hinting that recent selling pressure is predominantly whale-driven. The following chart illustrates that while retail inflows have been trending upward for weeks, the sudden increase in whale deposits has introduced additional fragility into Bitcoin’s price structure.  The surge in Binance whale inflows came just before Bitcoin was rejected at the critical $120,000 level. Following this rejection, BTC retraced to the $115,000–$116,000 range, which is now acting as short-term support. The analyst noted: This area is now acting as a short-term support zone. If it fails to hold, a move toward the $110K level becomes increasingly likely. On the other hand, if Bitcoin can bounce strongly from this region, there is still potential to retest $121K and even attempt a new all-time high. BorisVest concluded that BTC’s near-term price trajectory will be determined by how well the market absorbs whale sell-off. Meanwhile, fellow crypto analyst Titan of Crypto remarked that if BTC decisively breaks through the $119,900 level, then it could eye new all-time highs (ATH). What Else Does Exchange Data Suggest? Whale inflows aren’t the only factor spooking investors. BTC reserves on centralized exchanges also recently reached a one-month high, suggesting that some holders may be anticipating a temporary pullback or consolidation phase before resuming the uptrend. Related Reading: Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says That said, Binance’s share of BTC spot trading volume recently saw a sharp rise, suggesting that a rally may be on the horizon for the world’s leading cryptocurrency. At press time, BTC trades at $118,926, up 0.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

As Bitcoin (BTC) continues to trade near its all-time high (ATH) of $123,218, concerns over rising exchange deposits are mounting. However, fresh on-chain data reveals a significant contrast between the current rally and previous ones – most notably, a decline in BTC deposits to exchanges. Bitcoin Flow Pulse Shows Low Exchange Activity According to a CryptoQuant Quicktake post by contributor Arab Chain, the Bitcoin Inter-Exchange Flow Pulse (IFP) indicator is exhibiting “interesting behavior” in mid-2025. Notably, large investors do not appear to be selling their holdings, despite BTC trading at record highs. Related Reading: Bitcoin Reserves On Exchanges Hit Highest Level Since June 25 – Is BTC In Danger? Typically, sophisticated investors begin profit-taking as an asset approaches ATH territory. However, that behavior appears to be largely absent this time. The lack of selling activity stands in contrast to the market peaks of 2017 and 2021. During both these instances, there were large BTC inflows to exchanges, which were closely followed by significant price corrections. Arab Chain shared the following chart highlighting the relationship between a rising IFP and Bitcoin’s price trajectory. The chart illustrates how price corrections followed rising IFP levels at the end of 2017 and again in 2021. In 2025, despite an IFP surge earlier in the year, the BTC market has since consolidated rather than corrected. For context, the IFP indicator tracks the volume of Bitcoin transferred between centralized exchanges, providing insights into investor sentiment and market conditions. A rising IFP typically suggests growing intent to sell or arbitrage, while a declining IFP indicates reduced exchange activity and stronger holder conviction. This year’s dynamic between IFP and BTC price suggests investors are choosing to hold Bitcoin, even as prices hover near record highs. Arab Chain noted that such behavior reinforces the bullish case. They said: This behavior indicates high confidence in the uptrend so far and partly explains why the price has continued to rise without any clear selling pressure. On the other hand, if the Bitcoin IFP indicator begins to rise, it indicates an intention to sell and an anticipated significant supply pressure. Therefore, a sudden rise in the indicator is a strong warning sign for speculators. BTC Miners Engaging In Profit-Taking While large investors remain largely inactive on the selling front, Bitcoin miners appear to be cashing in on the current rally. Miner outflows surged to 16,000 BTC on July 15 – the highest single-day level since April 7. Related Reading: No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential As selling pressure builds, recent analysis by CryptoQuant contributor Chairman Lee highlights a key support level that BTC must defend to remain on track for the $180,000 year-end target. At press time, BTC trades at $117,529, down 1.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

As Bitcoin (BTC) continues to set new all-time highs (ATH) – reaching $123,218 on Binance on July 13 – on-chain data reveals a shift in holder behavior that could threaten the cryptocurrency’s bullish momentum. Bitcoin Holder Rotation May Derail Rally According to a CryptoQuant Quicktake post by contributor IT Tech, long-term Bitcoin holders (LTH) – those holding BTC for over 155 days – have transitioned into net distribution, suggesting seasoned investors are engaging in profit-taking. Meanwhile, short-term holders (STH) – those who have held BTC for less than 155 days — have recently turned net positive, indicating they are buying into BTC’s current rally in anticipation of further gains. Historical data shows that similar trends among LTH and STH were observed back in April 2021 and November 2023. During both these instances, BTC witnessed a cooling phase or a local top when spot demand faded. Related Reading: Bitcoin Exchange Inflows Spike After $123,000 Peak – Signs Of Short-Term Cooling? In their analysis, IT Tech suggested keeping an eye on exchange inflows and funding rates for confirmation. If spot BTC inflows to crypto exchanges surge, it could hint that sell-pressure is likely to increase, which may derail the digital asset’s bullish trajectory. Supporting this view, CryptoQuant contributor Arab Chain noted that the Spent Output Value Ranges (SOVR) indicator shows a spike in BTC transfers to exchanges from wallets holding 1,000 to 10,000 BTC – typically associated with whales. For the uninitiated, the SOVR indicator tracks on-chain BTC transfers by value buckets to identify which investor segments are active. It helps reveal whether retail, mid-sized, or institutional players are driving market activity. This aligns with IT Tech’s observations on long-term holders. If selling pressure intensifies, BTC could correct down to a support level near $111,800. Not All Analysts See Rally Exhaustion Although Bitcoin LTH entering distribution phase, and whales increasing their deposits to crypto exchanges may point toward a potential end for the current rally, not all analysts share the same sentiment. Related Reading: Bitcoin Profit-Taking Spikes Without Price Drop – Strong Demand Or Delayed Reaction? For instance, the STH Market Value to Realized Value (MVRV) suggests BTC may still be undervalued, indicating potential for further upside. If that holds, Bitcoin could climb as high as $150,000 before any major pullback. Additionally, a fresh injection of $2 billion in liquidity to major crypto derivatives platforms could help reignite bullish momentum. However, caution remains warranted. The Bitcoin NVT Golden Cross has been climbing steadily, giving early signs of an overheated market. At press time, BTC trades at $118,754, up 0.4% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

As Bitcoin (BTC) consolidates just below the $120,000 mark, concerns are mounting over whether the top cryptocurrency’s bullish momentum is fading. However, some analysts believe BTC still has room to grow, citing key on-chain indicators. Bitcoin Rally Far From Over According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin’s rally is not yet over. The analyst points to the Short-Term Holder (STH) Market Value to Realized Value (MVRV) indicator as evidence. Related Reading: Bitcoin Profit-Taking Spikes Without Price Drop – Strong Demand Or Delayed Reaction? For context, STH MVRV measures the profitability of Bitcoin held by short-term investors – typically those who acquired BTC within the last 155 days – by comparing the current market price to their average purchase price. When the STH MVRV is high, it suggests short-term holders are in profit and may sell. On the contrary, a low or negative MVRV indicates undervaluation and potential for further upside. Darkfost noted that during the current market cycle, unrealized profits among STH have yet to surpass the 42% threshold. Historically, every time the STH MVRV reaches around 1.35 – implying a 35% unrealized profit – it has triggered a wave of profit-taking, followed by short-term price pullbacks. As of now, the STH MVRV stands at approximately 1.15, well below the profit-taking zone. The analyst attributes this to the STH realized price exceeding $100,000 for the first time in Bitcoin’s history on July 11. At the time of writing, this realized price has risen above $102,000, providing BTC with a robust support base. To clarify, STH realized price refers to the average price at which all Bitcoin held by short-term holders was acquired. When Bitcoin’s current market price remains above this level, it reflects growing market confidence among newer investors. Darkfost added that BTC could rise another 20–25% before the STH MVRV reaches its critical level again. If this projection holds, Bitcoin could potentially hit $150,000 before the next wave of widespread profit-taking. Fresh Liquidity May Help, But Exercise Caution Bitcoin may also benefit from fresh liquidity entering the market. Fellow CryptoQuant analyst Amr Taha recently highlighted a $2 billion USDT deposit into major derivatives trading platforms, signaling potential leverage buildup. Related Reading: No Mania Yet: Bitcoin ATH Lacks Hype, Suggesting Further Upside Potential Similarly, favorable macroeconomic conditions are expected to support risk-on assets like Bitcoin. The recent weakness in the USD has fuelled optimism around capital rotating into cryptocurrencies and other high risk-reward assets. ​​However, BTC inflows to centralized exchanges have been steadily rising as well, suggesting a short-term correction could be on the horizon. At press time, BTC trades at $118,862, down 0.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

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