Tag Archives: on-chain analysis

Ethereum Marches Upward Without Leverage Overheating – Sign Of Structural Health?

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As Ethereum (ETH) trades slightly above $4,300, some crypto analysts opine that the cryptocurrency’s current trend shows enough structural health. However, they also caution that a lack of funding rates across exchanges means low demand for ETH, which may limit its breakout momentum. Ethereum’s Latest Rally Shows Structural Strength According to a CryptoQuant Quicktake post… Continue reading Ethereum Marches Upward Without Leverage Overheating – Sign Of Structural Health?→

Bitcoin Withdrawal Wave Points To Another Major Leg Up In The Bull Cycle, Analyst Says

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After hitting its latest all-time high (ATH) on August 14, Bitcoin (BTC) has been on a steady decline, trading just above the $110,000 level at the time of writing. While some analysts opine that the crypto bull run may be over, on-chain data suggests that there is at least one more major leg up ahead… Continue reading Bitcoin Withdrawal Wave Points To Another Major Leg Up In The Bull Cycle, Analyst Says→

Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum

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Following a rejection at $4,946 on August 24, Ethereum (ETH) is now trading in the low $4,000 level. However, some analysts are still hopeful that ETH is likely to surge beyond $5,000 in the coming weeks, thanks to its rising illiquid supply and positive exchange-traded fund (ETF) momentum. Ethereum To Hit $5,500 In September? According… Continue reading Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum→

Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap?

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Over the past two weeks, Bitcoin (BTC) has dropped more than 7%, falling from around $117,400 on August 21 to a low of $108,666 earlier today. Despite the bearish slide, some encouraging exchange data suggests improving sentiment. However, analysts warn this could once again be a setup for institutions to trap retail buyers. Bitcoin Sentiment… Continue reading Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap?→

Bitcoin Correction Risks Deepen With $105,000 As Critical Support

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Following another unsuccessful attempt to create a new all-time high (ATH), Bitcoin (BTC) dropped to a weekly low of $110,820 on the Binance exchange yesterday. The world’s largest cryptocurrency by market cap has now entered a clear pullback phase, with $105,000 emerging as the critical support level that traders are closely watching. Bitcoin Falls To… Continue reading Bitcoin Correction Risks Deepen With $105,000 As Critical Support→

Bitcoin Weakness Vs. Ethereum Strength: On-Chain Data Reveals Divergence

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As Bitcoin (BTC) stalls near the $113,000 level, Ethereum (ETH) continues to show strength, highlighting a clear divergence in price action between the top two cryptocurrencies by market cap. This contrast has some investors considering a rotation from BTC into ETH to capture the latter’s bullish momentum. Bitcoin Shows Correction Risks – Is ETH Safe?… Continue reading Bitcoin Weakness Vs. Ethereum Strength: On-Chain Data Reveals Divergence→

Bitcoin Slides Below $115,000 While Spot Volume Surges Past $6 Billion – Recovery Ahead?

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Bitcoin (BTC) fell to $114,386 earlier today, triggering nearly $300 million in liquidations over the past 24 hours as investor confidence in the asset remains shaky. Still, rising spot trading volumes offer a glimmer of hope that BTC may now be entering an accumulation phase. Is Bitcoin In The Accumulation Phase? According to a CryptoQuant… Continue reading Bitcoin Slides Below $115,000 While Spot Volume Surges Past $6 Billion – Recovery Ahead?→

Bitcoin Falls Below $115,000 As Binance Buying Power Ratio Collapses

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Earlier today, Bitcoin (BTC) slipped below $115,000 for the first time since August 6, raising concerns that the cryptocurrency’s bullish momentum may be fading. Against this backdrop, the Binance Buying Power Ratio suggests that demand for BTC could be weakening, potentially setting the stage for a deeper price correction. Binance Buying Power Ratio Raises Alarms… Continue reading Bitcoin Falls Below $115,000 As Binance Buying Power Ratio Collapses→

Binance Bitcoin Reserves Surge To 579,000 BTC – Signal Of Profit-Taking Or Bullish Liquidity?

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Bitcoin (BTC) created a fresh all-time high (ATH) yesterday, touching $124,474 on Binance before stabilizing around $118,000 at the time of writing. Meanwhile, BTC reserves on Binance have surged significantly, raising concerns about a potential price correction. Bitcoin Reserves Spike On Binance: Time To Worry? According to a CryptoQuant Quicktake post by contributor Arab Chain,… Continue reading Binance Bitcoin Reserves Surge To 579,000 BTC – Signal Of Profit-Taking Or Bullish Liquidity?→

Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says

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As Bitcoin (BTC) continues to hover just below the $120,000 level, miners have increased transfers to Binance crypto exchange. According to analysts, elevated BTC transfers to Binance could signal an upcoming price correction for the top cryptocurrency. Bitcoin Price Correction Upcoming? According to a CryptoQuant Quicktake post by contributor Arab Chain, there was a significant… Continue reading Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says→