Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout?
Bitcoin’s short-term price direction remains uncertain as the market struggles to confirm its next move. Analysts and investors are divided, with some calling for a breakout into new all-time highs while others anticipate renewed selling pressure into lower prices. The price has been consolidating in a narrow range for the past twelve days, holding above the $94,000 demand level and facing resistance below the $100,000 mark. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns Key data from CryptoQuant reveals that the nearest support zone for....
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A report from the on-chain analytics firm Glassnode has revealed how Bitcoin investors have recently been realizing an hourly profit 17% above the baseline. Bitcoin Realized Profit Has Spiked Alongside Recovery Rally In its latest weekly report, Glassnode has talked about the recent trend in the Realized Profit of Bitcoin. The “Realized Profit” here refers to an on-chain indicator that, as its name suggests, measures the total amount of profit that the BTC investors are realizing through their selling. Related Reading: Litecoin Conviction Remains Strong: More Than 20% Of Supply....
Solana’s price action over the past 24 hours has been marked by a decisive move above the $135 level, a development that could signal growing bullish momentum. This breakout follows several days of sideways movement, during which the Solana price traded within a narrow range between $124 and $135. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? Although the recent move above this consolidation zone hints at a potential upward continuation, on-chain data reveals that significant resistance awaits near $144, which may serve as the next major test for bulls.....
Ethereum has faced one of its most turbulent weeks in months, with sharp swings in price shaking both bulls and bears. Earlier in the week, ETH dipped below the $4,200 level, marking a local low that sparked concern among traders about deeper corrections. However, sentiment shifted quickly as Ethereum bounced back with remarkable strength, rallying throughout the week and eventually setting a new all-time high at $4,886 on Friday. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In This comeback reinforced Ethereum’s strong market structure and highlighted....
Bitcoin is retesting a key support level at $44K-$45K for the third time in the past week. The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past week.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewThe BTC/USD pair briefly dipped below $44,000 on Bitstamp before paring some of the losses, bouncing back above $45,000 at the time of writing. 'Full rest' for SOPR, funding ratesSome analysts have pointed out an uptick in miners' selling as the reason behind the latest drop in price. It's a whale war, and you....
Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing continuous selling pressure that has kept price action muted. Related Reading: Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout? Investors are trying to stay calm amid volatility, but fear is spreading as....