Tag Archives: glassnode

Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details

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The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week.  However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term… Continue reading Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details→

Bitcoin Investors Shift To Strong Distribution As Demand Fades, Glassnode Reveals

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The on-chain analytics firm Glassnode has revealed in a report how the Bitcoin investors have seen a shift toward strong distirbution recently. Bitcoin Accumulation Trend Score Has Been At A Low Level Recently In its latest weekly report, Accumulation Trend Score” is an indicator that tells us about the degree of accumulation that the BTC… Continue reading Bitcoin Investors Shift To Strong Distribution As Demand Fades, Glassnode Reveals→

Bitcoin Enters Re-Accumulation Range After Crash Below $90,000, What To Expect

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Bitcoin’s recent price crash took the entire market by surprise, leaving bullish investors reeling in losses. Particularly, this crash saw Bitcoin losing its foothold at the $90,000 price level and extended a crash across multiple cryptocurrencies.  Technical analyst Rekt Capital identified this pullback as a downside deviation within a re-accumulation range, hinting at potential market… Continue reading Bitcoin Enters Re-Accumulation Range After Crash Below $90,000, What To Expect→

Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

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The on-chain analytics firm Glassnode has revealed where the next Bitcoin support level could be based on different pricing models. Bitcoin Is Currently Retesting 1-Year MVRV Z-Score Mean In a new post on X, the on-chain analytics firm Glassnode has discussed about how BTC has been looking on a couple of pricing models recently. The… Continue reading Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down→

Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

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The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new volatility inside this window. Sharp price action usually means chaos for the derivatives side of the sector and indeed, a large… Continue reading Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says→

New Ethereum Addresses Hit 200K: What’s Behind The Massive Spike?

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Ethereum adoption is soaring, with the network just passing a critical milestone that has analysts forecasting a price recovery. On January 24th and 25th, Ethereum experienced a rise in daily active addresses, exceeding 200,000—a number not seen since October 2022. This huge increase reflects the network’s increased engagement and importance in decentralized finance (DeFi) and… Continue reading New Ethereum Addresses Hit 200K: What’s Behind The Massive Spike?→

Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?

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After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end,… Continue reading Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?→

Short-Term Bitcoin Holders See 10% Profit – Potential Impact On Price?

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The Bitcoin market experienced a modest recovery over the past week following the 15.7% correction in the latter half of December 2024. Amidst this recent price gain, developments from the short-term holders (STH) activity have revealed significant indications for Bitcoin in the coming days. Bitcoin STH MVRV At 1.1 With More Room To Run According… Continue reading Short-Term Bitcoin Holders See 10% Profit – Potential Impact On Price?→

Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts

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Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. according to data from CoinMarketCap.  This decline adds to the token’s steep price movement after it reached a new all-time high of $263.83 following the US Presidential elections in November. However, with the crypto bull… Continue reading Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts→

Is The Bitcoin Top In For This Cycle? On-Chain Signals You Need To Know

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Bitcoin’s price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models.… Continue reading Is The Bitcoin Top In For This Cycle? On-Chain Signals You Need To Know→