Ether plunged 8% as spot ETFs bled over $1.4 billion amid rising recession fears, prompting long-term holders to liquidate positions and intensifying volatility across crypto markets.
Today’s Bitcoin market shows consolidation after last week’s volatility, with on-chain indicators, macro rates and liquidity driving price direction; watch institutional flows and options expiries for near-term momentum.
Bitcoin’s MVRV just formed a rare “dead cross,” a bearish valuation signal that has preceded pullbacks in past cycles. The cross hints at waning profit margins and potential selling pressure – investors should watch liquidity and support levels.
Coinbase and Binance report Bitcoin inflows at historic lows, signaling dwindling exchange supply and reduced sell pressure. The shift hints at stronger holding trends-and potential volatility as liquidity thins.
As Bitcoin’s recent rally encounters turbulence, data reveals a growing trend of long-term holders converting their assets into cash. This shift raises questions about market stability and investor sentiment, highlighting the delicate nature of cryptocurrency dynamics.
As Bitcoin navigates volatile market conditions, long-term holders demonstrate steadfastness, resisting the urge to sell. This patience signals confidence in Bitcoin’s future, reflecting belief in sustained value despite short-term fluctuations.
Bitcoin long-term holders may play a crucial role in propelling BTC’s price back to $100K. As more investors choose to HODL rather than sell during market fluctuations, this behavior could reduce supply, potentially driving demand and prices higher.