The quantity of ETH staked is currently going through its second biggest decline from all-time highs in relative terms since staking withdrawals began with the April 2023 Shapella upgrade.
788k ETH (2.3% of stake) have been unstaked since the peak of 34.76m ETH on November 7, 2024.
Price has broken the falling wedge pattern, indicating bullish potential. We may see a continuation of upward movement in the coming days. You can open a long position at the support area.
BTC Dominance is consolidating within a symmetrical triangle pattern, currently encountering resistance at the triangle's trendline. The Ichimoku Cloud is providing strong support below, indicating stability. A decisive breakout or breakdown is needed to confirm the next directional move.
It's crucial to note that BTC Dominance typically has an inverse relationship with the altcoin market cap, so a breakdown could signal potential bullish momentum for altcoins.
WhiteBIT announced that $AGENT will be listed on on January 24. The project aims to establish a decentralized network for coordinating autonomous AI agents.
Technicals:
The token is trading near a strong support zone within a descending wedge, setting up for a potential breakout! 🐃
Dogecoin ($DOGE ) is forming a double-bottom pattern, signaling a potential bullish reversal. The price is breaking out of the descending channel, with momentum building for further upside 🚀
The breakout aligns with a classic recovery structure, suggesting a strong rally toward the above targets 🔥.
Ethereum has shown strong momentum and reached a significant profit milestone. Based on the chart, the next targets are set, and the bullish structure indicates further upside potential.
Price Targets:
🎯 Next Target 1: $4,103.26 🎯 Next Target 2: $4,788.46 🎯 Ultimate Target: $5,568.18
Ethereum is reclaiming critical levels, and the next leg up could be explosive 🔥
Historically, the number of Bitcoin held in unrealized loss provides a reference point for assessing market stress: Bull markets: <4M BTC in loss. Early bear markets: 4–8M BTC in loss.
Last week, market volatility pushed 2.0–3.5M BTC into loss, still lower than the 4M BTC seen during mid-2024 lows.
For context: 2018 bear market: 10.7M BTC in loss. 2020 COVID crash: 10.4M BTC in loss.
Price is currently trading within a symmetric triangle pattern, and we may observe a significant movement once this triangle breaks. You can consider adding some BNB near the support level.
Bitcoin experienced significant volatility yesterday, as anticipated. The price dropped because former US President Donald Trump did not mention cryptocurrency in his inauguration speech. With the announcement behind us, we may see some sideways movement in the market now. Price is currently holding steady in the support area of $101,500 to $102,000. $BTC
- Took Support on 200EMA. - Bullish Flag Pattern on 1D. - Bullish Inverse H&S on Weekly. - Trump Buying $ETH . - Vitalik Restructuring ETH Foundation. - ETH Pump = Alt Season. $ETH
ADA is consolidating within a symmetrical triangle pattern, with the Ichimoku Cloud signaling bullish momentum. A decisive breakout from the pattern could trigger a strong bullish rally. Stay alert for the next move. $ADA
As I've promised in the previous update, the breakout of $102,500 made us pump to the $108,000 resistance real quick.
Now Bitcoin is trying to break through the one. Once we see a 1D candle (or at least 12H) closure above this level, the new targets: $115,000 and $123,000 are on the way.
As simple as that. The rejection from this resistance will keep us inside the horizontal channel and maintain the option of dumping to $92,000 again. $BTC