ETHUSD etherium still owe us a retracement around 380 these things are classified as asset now in oder for them to reach new all time high they have to fall
XAUUSDETHUSDBTCUSD To succeed in the gold, BTC, ETH, and other markets, establish clear profit and loss targets. Aim for consistent profits and controlled losses daily. Never exceed your set targets to ensure long-term success in the market.
BTCUSD Over the past 24 hours, approximately $903 million worth of Bitcoin (BTC) has been transferred through multiple high-value transactions, prompting discussions regarding the motives behind these movements.
Blockchain analytics platform Whale Alert identified 10 significant BTC transactions involving transfers between unknown wallets and major exchanges, including Kraken, Binance, and Robinhood. Key transactions include:
620 BTC (approx. $58.49 million), 888 BTC (approx. $83.88 million), and 1,027 BTC (approx. $96.75 million) moved from Kraken to unknown wallets.
1,164 BTC (approx. $109.71 million) transferred between unknown wallets.
600 BTC (approx. $56.82 million) moved from Robinhood to an unknown wallet.
999 BTC (approx. $93.64 million) sent from an unknown wallet to Binance.
Additional transfers of 640 BTC ($60.79 million), 775 BTC ($72.93 million), and 1,881 BTC ($176.50 million) between Kraken, unknown wallets, and other platforms.
These transactions highlight significant activity involving major exchanges and private wallets. Deposits to exchanges could indicate selling intentions, while withdrawals might signal accumulation. It is also possible that these movements are related to over-the-counter (OTC) transactions, but their exact purpose remains speculative.
Bitcoin Market Dynamics: At the time of reporting, Bitcoin was trading at $94,507, down 0.83% over the past 24 hours and approximately 12% below its all-time high (ATH) of $108,268 reached on December 17, 2024. Despite the recent price action, on-chain data from analytics firm Glassnode suggests that Bitcoin Long-Term Holders (LTHs) are still distributing coins, albeit at a reduced rate.
Glassnode’s analysis indicates that the 30-day percent change in LTH supply has peaked, reaching historical cycle highs. However, historical patterns show that price increases can continue even after LTH distribution rates peak, and a distribution peak does not necessarily signal an immediate market top.
Additionally, the current LTH supply in loss stands at 0%, suggesting that nearly all long-term holders remain in profit. Historically, sustained losses among LTHs have marked the end of previous market cycles, but such conditions are not present at this time.
These trends provide insights into market sentiment and the behavior of long-term investors as Bitcoin continues to navigate a dynamic price environment.
ETHUSD After the upgrade, you won’t even need eth to use the network. You can pay in any token. Unichain is also going to mean more inflation. This is a coin that needs massive adoption soon, not 10 years from now. Explain why I should be bullish?