$ENA (Target reached) #Binance! #BinanceExplorers #Binance | Assalafyy23 on Binance Square

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Bullish

$ENA  (Target reached)
#Binance! #BinanceExplorers #BinanceWeb3Wallet #ENAcoin #ENAAnalysis 
Target moved for #ENAUSDT

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$BTC General $BTC market outlook update: Supply distribution has started. Here's what I'm looking at and how it compares to previous cycles, and what might come next: First off, the biggest story is obviously the ETFs. $IBIT has been the most succesful ETF launch in history by a wide variety of metrics, and just looking at BlackRock + Fidelity alone, they've bought 284k BTC since launch, greater than 1% of total #bitcoin supply that will ever exist. On a net basis, including $GBTC outflows, ETFs have hoovered up ~160k BTC since launch in early January. Just massive numbers. Demand has surpassed most all initial expectations, with increasing strength into the rally ($788m of inflows from $IBIT alone yesterday amidst a -8% close from ATHs). While the bitcoin market has boomed post ETFs, nothing exists in a vacuum. For those that have been following since before the ETF, it was clear the ground work for this rally was laid over the past couple years of bear market purgatory. Various on-chain HODL metrics clearly showed all time levels of supply constraint. From the most simple to understand (i.e. '% of supply last moved in N+ years' most all hitting all time highs) or more advanced quantifications of HODL strength using the UTXO set, despite the +100% bounce from 2022 lows, net accumulation was on-going for much of 2023. However, as is tradition with the ever-cyclical $BTC market, with the rise to new heights comes the distribution of coins to new entrants from the old guard. This can clearly be seen by the change in long-term holders over the recent months. For those interested in a deeper dive on the quantification of LTHs, you can take a deeper dive here: insights.glassnode.com/quantifying-bi… However, at this stage, I'd say its far from worrisome, nor by any means a red alert for bulls. New distribution (on a 30d change basis) began to occur at ~$1k in 2017 and ~$13k in 2020 during the run up to new highs, and started in early January this time around. Here's a visual of the distribution that has begun to occur. #BitwiseBitcoinETF

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$ACT this bullish divergence coming out of oversold is a beauty Still the only AI meme on Binance spot, all time highs in Q1 or the market is wrong #BtcNewHolder #altcoins #2025Prediction

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$AI If we are truly going to see an alt season like 2021 and AI will be a strong narrative, then this coin will mega run hard. #altcoins #Megadrop #AI

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#BitwiseBitcoinETF $BTC path till 250k!

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$AI /USDT Accumulation inside of Descending Channel is over🧐 Looking for a breakout📈 ✔️1Tp - 1.5810$ ✔️2Tp - 2.5865$ #BinanceSquareTalks #altcoins #AI板块强势进击

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