Bitcoin Could Be One Breakout Away From A Structural Shift: Analysts

Fewer derivative traders are placing new bets on Bitcoin right now. Open interest has barely moved — up just 1.50% to $55 billion — and more futures positions closed than opened in the past 24 hours. Volume dropped 21% to $30 billion. The market is waiting. Sellers Have Had The Upper Hand For Over A… Continue reading Bitcoin Could Be One Breakout Away From A Structural Shift: Analysts

Dogecoin Futures Open Interest Explodes As Leveraged Traders Pile In

A crypto analyst has placed a seven-figure bet against Dogecoin, warning that the market looks dangerously overextended. CryptoQuant’s JA Maartun opened a short position of 1 million DOGE, citing a sharp and rapid buildup of leveraged contracts that he described as a risky setup. The Numbers Behind The Warning DOGE futures open interest climbed 33%… Continue reading Dogecoin Futures Open Interest Explodes As Leveraged Traders Pile In

XRP OI Z-Score Just Dropped To Levels Seen Before Its 600% Rally In 2024

New reports reveal that XRP’s Open Interest (OI) Z-Score has declined to extremely low levels, indicating reduced speculation and a possible leverage reset. According to analysts, the last time XRP’s OI Z-Score reached this level, it triggered an explosive 600% rally to new highs in 2024, ending the cryptocurrency’s years-long decline and consolidation.  XRP Open… Continue reading XRP OI Z-Score Just Dropped To Levels Seen Before Its 600% Rally In 2024

Bitcoin Traders Double Down On Bearish Bets Amid Consolidation – What This Means For Price

Following its bullish footprint in April, Bitcoin price action slowed over the past week, recording no significant change. Amid this mini consolidation, analysis page XWIN Research Japan reports that traders remain confidently bearish on the digital asset’s position despite recent gains. High Open Interest, Negative Funding Rates – Bitcoin Suffers From Intense Pessimism  Funding rates… Continue reading Bitcoin Traders Double Down On Bearish Bets Amid Consolidation – What This Means For Price

Bitcoin Reclaims $73,000 Mark But Traders Remain Unconvinced – Details

In the past week, the Bitcoin market rose by almost 10%, representing a significant rally amid recent bearish struggles. Notably, the leading cryptocurrency has now reclaimed the $73,000 price zone for the first time since mid-March, translating to a mild bullish undertone for most investors. However, traders in the derivatives market remain largely unconvinced of a… Continue reading Bitcoin Reclaims $73,000 Mark But Traders Remain Unconvinced – Details

XRP Wallet Count Tops 8 Million As Trading Volume Nears $4 Billion

More than 8 million wallets now hold XRP — a milestone that comes even as the token’s price sits well below where it stood less than a year ago. A Market Still Chasing Its Peak XRP traded at $1.35 on Monday, up roughly 4% on the day, but still more than 60% below the $3.65… Continue reading XRP Wallet Count Tops 8 Million As Trading Volume Nears $4 Billion

The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

Crypto analyst Ardi has pointed to a bear market divergence to explain what has been going on with Bitcoin’s price for a while now. His analysis comes just as BTC continues to struggle to hold above $70,000 amid the U.S.-Iran war and rising oil prices.  Analyst Explains What Is Happening With Bitcoin as Price Struggles… Continue reading The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

Over Half A Billion Dollars Wiped Out As Bitcoin Locks In At $70,000

Whale wallets quietly shifted to buying mode over the past two weeks — even as the broader crypto market absorbed one of its worst single-day liquidation events in recent memory. A Massive Options Expiry Freezes The Price Friday’s settlement of Deribit’s March options contracts has effectively put Bitcoin on hold. The expiry involves 24,838 contracts… Continue reading Over Half A Billion Dollars Wiped Out As Bitcoin Locks In At $70,000

Ethereum Price Under Pressure: Whales, Derivatives Market Exits Signal Waning Appetite

After dipping below $1,800 earlier in the month, the price of Ethereum has since reclaimed the $2,000 level, which is considered a psychological support zone for many traders. Over the past week, though, the price showed mild downward pressure, struggling to hold sustainably above the $2,000 level. Whale Activity Signals Potential Volatility Surge In Ethereum… Continue reading Ethereum Price Under Pressure: Whales, Derivatives Market Exits Signal Waning Appetite

XRP Price Turns Completely Bearish, But Is A Crash To $1 Still Possible?

Crypto analyst CasiTrades has warned that the XRP price structure has turned bearish, putting the altcoin at risk of a further decline. The analyst also suggested that the price could still crash below $1 as it looks to find a bottom.  XRP Price Structure Shifts Bearish With Key Levels Below In an X post, CasiTrades… Continue reading XRP Price Turns Completely Bearish, But Is A Crash To $1 Still Possible?