More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.
Analysts reported that the crypto community is witnessing a decline in the buying pressure for Bitcoin, pushing the firstborn cryptocurrency into negative territory. However, some market observers noted that not all is lost in the recent slide of Bitcoin, saying what seems to be an unfavorable condition offers opportunities for long-term investors. Related Reading: Dogecoin To $1.35? Analyst Predicts Milestone ‘Within 70 Days’ Downward Trend Analysts said that a weakening buying pressure on Bitcoin might be a cue that the crypto is entering a downward trend phase with some observers saying that BTC is already within the negative pressure zone. “Bitcoin’s buying pressure has decreased over the last 60 days, allowing room for selling pressure,” Joao Wedson, Founder & CEO of Alphractal, said in a post. Bitcoin’s buying pressure has decreased over the last 60 days, allowing room for selling pressure. Negative regions present two opportunities: ????Favoring short positions ????They signal that the downtrend may continue or has occurred, creating an opportunity to accumulate BTC. pic.twitter.com/dApRsS9Ihf — Joao Wedson (@joao_wedson) February 17, 2025 Crypto analysts noted that this condition might lead to a decline in price which could be both good and bad for digital assets traders. Data shows that Bitcoin is having a hard time maintaining a bullish momentum as its price hovers around $95,912 per coin. Two Opportunities Wedson said that BTC has been experiencing a decline in buying pressure in the last two months, noting that the market shift could offer something positive to its investors. “Negative regions present two opportunities,” the CEO noted. He enumerated that among the opportunities is “favoring short positions” which could be a good sign for traders. Another bright spot is the weakened buying pressure that indicates the “downtrend may continue or has occurred, creating an opportunity to accumulate BTC.” In other words, the current condition of Bitcoin could give investors a chance to build their BTC portfolio by buying more coins. The Buy/Sell Pressure Delta Chart In a post, Wedson presented two charts of the Buy/Sell Pressure Delta to illustrate the shifting dynamics between buying and selling activity in Bitcoin, which has been going on in the past 60 days. Wedson explained that if the market is dominated by sell pressure, investors can take advantage of the downward momentum by entering short positions. According to historical data, negative pressure zones usually align with a continued decrease in price, a potentially profitable opportunity for traders betting on further price declines. Meanwhile, the Alphractal executive showed in the graph that a high sell pressure commonly indicates a bearish sentiment, adding that this is a great opportunity for long-term traders to increase their BTC holdings. Analysts explained accumulating more Bitcoin during this period allows long-term investors to position themselves for a future recovery. “The decrease in buying pressure is a significant factor to consider. While short positions might seem attractive in a downtrend, the potential for accumulation also presents a compelling long-term strategy,” a crypto investor commented on Wedson’s post. Related Reading: Bitcoin Whales Accumulate—Will This Push BTC Toward $100K? Bitcoin might continue to be at risk of further decline if the buying pressure remains weak. Featured image from The Independent, chart from TradingView
The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.
Institutional investors bought $38.7 billion worth of the spot bitcoin exchange-traded funds in the fourth quarter, filings with the Securities and Exchange Commission revealed.
"At this point, memecoins are synonymous with 'pump and dump' schemes," says FRNT Financial.
The last hurdle for MSTR to qualify for the S&P 500 is to achieve positive GAAP net income over the trailing 12 months.
The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.
Bitcoin printed a “god candle” to all-time highs in what traders said was a good start to an “interesting week.”
As an experiment, Cointelegraph asked two different AI models, OpenAI’s ChatGPT and xAI's Grok, to predict how XRP price could be affected by a spot ETF approval.
XRP’s market cap has climbed to the 3rd spot among top cryptocurrencies by market cap and surpasses asset manager BlackRock.
XRP price continues to show strength versus the wider crypto market and data indicates the altcoin’s potential to move higher, possibly into double digits.
A classic Bitcoin price technical indicator suggests BTC’s price will peak within six months, while more downside could be expected in the short term.
XRP’s price action forms a classic bullish continuation structure, with a profit target of around $15.
A widely used Bitcoin technical analysis indicator suggests that BTC is on the verge of a “walk up” toward new all-time highs.
Dogecoin’s next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out.
Memecoins underperform the wider crypto market after double-digit daily losses surpass the sell-off in BTC and ETH.
Tron "god candle" appears as TRX price soars 70% in 24 hours to hit a new all-time high of $0.45 and re-enter the top 10 cryptocurrencies.
LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.
CryptoQuant CEO Ki Young Ju says altseason is no longer determined by a capital rotation from Bitcoin but by a surge in altcoin trading volume for stablecoin pairs.
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.
The crypto market could be getting ready to enter the highly anticipated altcoin season. As the market rides the bull wave spearheaded by Bitcoin, a crypto analyst has identified the current phase of the market using the Wyckoff Cycle. This analysis suggests that altcoins are preparing for a “parabolic run” that could kickstart the onset of the altcoin season. Related Reading: Bitcoin To $800K? Galaxy Digital CEO Unveils Bold 5-10 Year Forecast Wyckoff Cycle Reveals What Phase The Current Market Has Entered A crypto technical analyst identified as EtherNasyonal has shared a chart of the crypto total market cap, excluding Bitcoin. In this chart, the Wyckoff cycle, a widely used framework for understanding market behavior and trends, can be seen. The chart showed four distinct market phases — Accumulation, Mark up, Distribution, and Mark down. The accumulation phase is the period when smart money begins buying assets at lower prices, and prices consolidate as selling pressure reduces. Once the accumulation phase completes, the Markup phase begins, where prices break out of the consolidation range and begin an uptrend driven by increased demand. The next phase, the Distribution stage, is characterized by selling pressure, where smart money begins selling its holdings, leading to price corrections or stabilization. After this stage, the Markdown phase starts, where selling pressure overwhelms demand, triggering a downtrend. Based on these unique phases, the crypto analyst has revealed that the market is currently in the Mark up phase, highlighted by an increase in the prices of various cryptocurrencies. By 2025, 2026, and 2027, the total market is expected to enter a re-accumulation phase, another mark up phase, and a distribution phase, respectively. The right side of the chart also shows a continuation of these distinct market phases, with 2027 to 2030 set to witness an accumulation, mark up, and distribution stage. Here’s When The Altcoin Season Could Begin Based on EtherNasyonal’s Wyckoff cycle chart, the altcoin season is set to commence, with altcoins already preparing to experience a parabolic run. The altcoin season is a period when cryptocurrencies, excluding Bitcoin, experience significant price increases and often outperform Bitcoin significantly. Based on the past bull market, the altcoins that led the previous altcoin season include Ethereum, Cardano, Solana, and others. The crypto analyst has revealed that the altcoin season will begin after the reaccumulation phase in the Wyckoff crypto market chart. The reaccumulation phase is set to take place in 2025, following the Mark up phase in 2024. Related Reading: Solana Rising: Key Metrics Hint At Serious Ethereum Competitor In this reaccumulation phase, the analyst expects altcoins to experience an epic rise that could lead to a strong and bullish altcoin season. The Bitcoin price performance is also set to influence this anticipated altcoin season, as a Bitcoin bull run has historically preceded past altcoin seasons. Moreover, as the market sees a decrease in Bitcoin’s dominance and increased demand for altcoins, this could signal that the altcoin season may be imminent. Featured image from Pexels, chart from TradingView
XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration.
Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally.
PEPE hits new highs following several major exchange listings.
Surging activity in onchain and derivatives metrics suggests that Solana’s bullish momentum is set to continue.
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.
Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency.
Trump’s election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
Crypto traders, market analysts and several metrics suggest that an "altcoin season" is about to begin as Bitcoin price challenges new highs.