📉 Short-term SOPR below 1, a signal for accumulation? 📈 As #BTC☀️ declines, bearish sentiments flood the media. - SOPR at 0.987: Short-term holders (less than 6 months) are selling at a loss. - Cycle Indicators like MVRV, NUPL, Puell Multiple, and a 60% short-term investor ratio suggest the cycle's peak is yet to come. Historically, when short-term investors panic, it's often a golden window for accumulation. Selling now might be the worst move. Smart money knows this - expect accumulation on further dips. #Bitcoin❗ #CryptoCycle #InvestSmart
🚨BREAKING - US MACRO DATA RELEASED 🇺🇸 Nonfarm Payrolls: 256K Vs. 165K Est. (prev. 227K) 🇺🇸 Unemployment Rate: 4.1% Vs. 4.2% Est. (prev. 4.2%) 🇺🇸 Avg. Hourly Earnings: 3.9% Vs. 4.0% Est. (prev. 4.0%) #USJobsReport #EconomicData
Take a look at the symmetrical triangle forming on the $ETH chart. The price is consolidating within converging trendlines, signalling a potential breakout on the horizon.
🔥Key Levels to Watch: Support: ~$3,200 Resistance: ~$3,500
With the current price action, we could be approaching a decisive move. The big question: Will $ETH break upwards or downwards?🤔
Whatever $ETH does, most of the #alts will follow.
Stay sharp, traders! Watch for volume spikes and confirmation before making moves.
Let us know your predictions below!👇 DYOR. NFA #crypto
There's solid support around $92K-$94K where the price has bounced back several times. Strong resistance lies between $99K-$99.7K, with another resistance at $102.7K, as shown by recent rejections.
After the recent pullback from the December high, the price seems to be consolidating. Signs of potential recovery are emerging.Keep a close watch on these key levels!
IMO, $BTC will consolidate in this range, and #Alts will likely bounce. Stay tuned, and share your thoughts in the comments. Follow for more updates. #crypto #Write2Earn!
El Salvador has just added another 11 Bitcoin to their Bitcoin Strategic Reserve! According to the latest data, on Jan 8, 2025, at 4:56:46 PM, their balance increased by 11 BTC, bringing their total to 6022.18313577 BTC. #bitcoin #crypto #ElSalvador
Past data showed a clear path, but current trends are breaking records. With volume at 2.23M and rising, the momentum is strong.
Strategy Update: Hold or Sell? You might want to hold longer. The bull run could still be in its early stages.Watch the Volume: Steady volume growth is a good sign, but sudden spikes might mean a peak is near.
Remember: Stay Flexible: The crypto market changes fast. Strategies that worked before may need adjustments.Diversify: Even in a strong market, spreading your investments helps protect against risks.
🚀#bitcoin Market Analysis: Are We Nearing the Peak of the Bull Cycle?📈
The cryptocurrency market seems to be following a familiar boom-bust cycle. Here's what the latest data suggests:
1. Current Cycle: Since January 2023, Bitcoin has seen significant growth in both duration and price, with a 36% of Bitcoin traded for less than a month (based on realized market cap - UTXO).
2. Market Sentiment: The trend in the percentage of short-term holders is a key indicator. Historically, peaks in this ratio have preceded market tops, suggesting we might be close to the end of this bull run.
3. Cycle Timeline: Expectations are set for the market to potentially peak in Q1 or Q2 of 2025. However, this cycle might not be straightforward, with potential for multiple sharp rises before the final peak.
4. Investment Strategy: Given these insights, it's wise to approach with caution. I'm planning to gradually reduce my holdings to manage risk, especially as we might see further volatility.
5. Chart Insight: The chart shows distinct cycles of Bitcoin's price alongside the UTXO age bands. Notice the correlation between the peaks in short-term holders and price tops.
Stay informed, manage your risks, and maybe it's time to consider locking in some gains. What's your strategy as we approach what might be the cycle's end?
Bitcoin Dominance is set to plummet! 📉Get ready for the ultimate #Altseason ! 🔥 This quarter promises to be EPIC for altcoins—don't miss out on the action! 🚀 🚀 Prepare your bags! 🚀 Diversify your portfolio! #Altseason #crypt #Altcoins!
KEKE is a low-market cap gem available on DEXs, showing strong potential for growth. The chart indicates a bullish triangle pattern with a possible 1300%+ upside. Our strategy is accumulating during dips for potential gains in the coming months.
#FET❤️ Fetch is transforming the AI and blockchain space with a decentralized machine-learning network. Its platform democratizes AI access, enabling secure, autonomous task execution globally. From optimizing DeFi services to improving smart grids, the use cases are vast.
Our strategy for #FET is to accumulate during market dips, positioning for long-term growth as demand for AI solutions rises. #FET is set for future gains.
Manta Network is revolutionizing the web3 space with its modular ecosystem. Built for speed and privacy, Manta offers faster transactions than Layer 1 and cheaper fees than Layer 2 solutions. With its zero-knowledge technology and a native token (MANTA) for rewards, it’s creating a vibrant, community-driven platform.
Our strategy for #MANTA is to accumulate during price consolidations, aiming to take advantage of growth potential in the future. With a mid-market cap and potential for volatility, MANTA represents a strong opportunity for long-term growth.
The accumulation zone for MANTA is $1–$0.80. DYOR, NFA
#bitcoin is testing an important resistance level between $98,000 and $100,000. This level has been a strong barrier before, showing it could be a key supply zone.
If Bitcoin breaks above this zone, it might head towards the All-Time High (ATH) resistance at $110,000. But if it fails to break through, it could return to the $91,000 support level.
Bitcoin is still in an uptrend, and its bullish structure remains intact Patience and discipline are important as we wait for the next move!