The Coinbase Premium indicator has fallen to -0.221%, marking the fifth time it has reached this level since last May. This decline indicates reduced buying pressure from U.S. investors compared to Binance investors.

However, historically, this phenomenon has been temporary during bull markets, often attracting new buyers who saw it as an opportunity.

While it's uncertain whether the price following this sharp decline represents the bottom, if the bull market continues, a bottom may form soon,

1. Binance's spot trading volume has increased, which may suggest heightened activity among investors buying or selling assets.

As Bitcoin reached an all-time high, this could indicate that investors are now taking profits, especially as the price has started to decline.

2. At the same time, Bitcoin inflows to Binance have risen, participating to the surge in spot trading volume. When Bitcoin inflows increase on any exchange, it often indicates that holders are preparing to sell.

3. Looking a

There has been a $BTC outflow from spot exchanges in the last few hours.

Some of these Bitcoins are being moved to derivatives, while others are being transferred to cold wallets. This could be an indication of a reduction in selling pressure.

Written by cryptoavails

Analyzing Binance's Open Interest (OI) data over the past six months reveals two significant examples that underscore its market-shaping impact. Binance holds the highest OI among all exchanges, making its positions a pivotal driver of market trends.

Binance Open Interest Data: Historical Analysis and Projections

Example 1: June 11, 2024

OI Record: $7.68 billion

Bitcoin Price: $71,000

Bitcoin's Drop: 23.94%

OI's Drop: 21.88%

During this period, the overheated futures market triggered a si

The Sharpe Ratio for TON has recently dipped slightly from its late-2024 peak, signaling a moderation in risk-adjusted returns as the market stabilizes in anticipation of the Altseason. While recovery is evident, TON's price remains approximately 20%-30% below its all-time high, indicating that the asset has yet to fully reclaim its previous highs. This stabilization reflects a market transitioning into a recovery phase, where both long-term holders and short-term traders actively capitalize on

The relationship between circulating supply and transactional activity plays a crucial role in assessing the health and adoption of the TON Blockchain. The TON Total vs. Circulating Supply chart clearly shows how the circulating supply grows in distinct steps, a pattern that aligns perfectly with TON's Infinite Sharding Paradigm. This powerful scalability feature allows the network to handle increased token circulation and transactional demand smoothly, avoiding congestion. These step-like incre

The 30-day net position change for Long-Term Holders (LTH) has turned sharply negative, reaching -750k BTC just as Bitcoin's rally resumed.

Despite this, BTC's price did not experience a significant drop, as Short-Term Holders (STH) continued to accumulate even at elevated price levels. The net position change for STH also reached a positive value of +750k BTC.

Interestingly, as STH accumulated at higher prices, the STH SOPR (Spent Output Profit Ratio) turned negative (<1), indicating that the

Following the U.S. election, Bitcoin has demonstrated a notable bullish trajectory, while Ethereum has so far struggled to match this momentum and failed to make a new all-time high. Nevertheless, despite the recent market correction, Ethereum continues to present several bullish indicators that suggest traders remain optimistic about its profit potential.

Firstly, Ethereum’s Estimated Leverage Ratio—which indicates investors’ propensity to take on high leverage in derivatives trading—remains a

After consistent growth in recent months, the total supply of stablecoins on the TRON blockchain has stabilized at $62 billion USD, signaling a pause in the minting of new units. This stability reflects a moment of balance in the market, where the demand for stablecoins matches the existing supply.

This behavior can be interpreted as:

The stablecoin market reaching maturity within the TRON ecosystem.

A possible decline in new capital inflows into the sector.

Participants prioritizing the use

Bitcoin: Long-Term Holder SOPR (Spent Output Profit Ratio) is a metric that shows whether long-term Bitcoin holders (usually those holding for more than 155 days) are selling at a profit or a loss. With this metric, we can analyze the impact of long-term investors on the market.

The chart shows the SOPR ratio of Bitcoin’s long-term holders (purple line) and price movements (white line). SOPR > 1 generally indicates that sales are made at a profit, while SOPR < 1 shows sales at a loss.

What do

According to the BTC Smart DCA indicator, Bitcoin has entered another favorable zone for implementing a DCA strategy.

This chart compares Bitcoin's average price with its short-term realized price (over 1 week to 1 month), effectively identifying optimal buying opportunities.

Employing a DCA strategy helps mitigate the impact of volatility and reduce associated risks, making it a prudent approach depending on market conditions

This tool, when used alongside an understanding of broader market

When we examine the total USDT transfer volume, we can clearly see that the Tron network has gained strength against Ethereum over the past 30 days.

Let’s take a look at the data (weekly total volume and percentage distribution):

November 17, 2024: $259 billion volume, ETH 42.39% - TRX 57.61%

November 24, 2024: $209 billion volume, ETH 37.73% - TRX 62.27%

December 1, 2024: $265 billion volume, ETH 41.17% - TRX 58.82%

December 8, 2024: $233 billion volume, ETH 37.74% - TRX 61.25%

December 1

Evaluating TON’s Investor Cohorts Over Time

Investors holding TON for 1 year → 134% in profit

Investors holding TON for 6 months → 30% in loss

Investors holding TON for 3 months → 6% in loss

Investors holding TON for 1 month → 3% in loss

Investors holding TON for 1 week → 15% in loss

Conclusion

Short-term investors being in loss means they lack success stories to share with others, which limits the influx of new investors and the potential for a hype-driven market surge.

For a bull rally

We have recently observed the largest stablecoin outflow from Binance to date. As Bitcoin's trading price hovered around $100K, the total stablecoin outflow reached $900M, with additional outflows continuing on December 18th and 19th.

Stablecoins leaving exchanges often indicate that investors are securing profits and have no immediate plans to re-enter the market, which can be interpreted as a bearish signal in the short-term.

Looking back to early November, however, we saw significant stable

Investors who bought Bitcoin in the last 6 months have made excellent profits. According to STH Realized price, the average purchase price for these investors is approximately $83,800.

Currently, Bitcoin's price is $97,000 and remains stable, even though these investors are in profit, they expect better prices.

The average purchase price for these investors serves as a strong support level for Bitcoin. In case any negative news appears in the markets, it will be the strongest buying point.

Wr

Ethereum's failure to reclaim the $4K threshold triggered significant liquidations in the futures market, followed by a flash crash that appears to have substantially cooled the market sentiment.

The chart illustrates the funding rates metric, a reliable indicator of futures market sentiment. While Ethereum's aggregate funding rates saw a sharp spike last week, the rejection at $4K led to substantial liquidations, bringing funding rates back to levels conducive to a bullish trend.

This cooling

As you can see from the chart, the net unrealized profit/loss index is forming a cup-and-handle technical pattern, which is expected to push Bitcoin into the target range of 130,000-160,000. In addition, in November 2024, Bitcoin successfully broke through the NUPL index's 365-day MA, which is also an optimistic signal in the medium and long term.

Written by BaroVirtual

Once again, there is no denying the strong correlation between Bitcoin price action and the stablecoin market cap. As you can see from the chart, every time the 60d market cap change values ​​peak, Bitcoin also peaks locally or globally. In this case, the encouraging factor is that the 60d market cap change has not fallen below its 60-d change-SMA, which indicates that the current correction is a knockout of weak hands from the market and a logical cooling before the further run.

Written by Bar

At first glance, the sell-side liquidity, in real terms, suggests that Bitcoin has reached its peak. Is this really so? I believe Bitcoin will get its first peak in March-April 2025 in the target range of 130,000-160,000, and the total capitalization of the crypto market will be about 5-5.5 trillion $.

Sell-side liquidity inventory in real terms indicates that we are already close to the top, but its 30-day change supports the thesis that we still have room for growth by the spring of 2025.

Wr

Recently, one of the most talked-about metrics in the Bitcoin (BTC) ecosystem has been exchange netflow data. This chart shows the net Bitcoin flows across all exchanges (Exchange Netflow) and how the price (Price USD) reacts to these flows. Let’s break this down in a simpler and friendlier way.

Looking at the chart, it’s clear that Bitcoin outflows from exchanges are dominating. This suggests that investors are moving their Bitcoin to long-term storage wallets, indicating reduced selling press