3 Reasons Behind the Recent Cryptocurrency Market Declines
“While current conditions are causing fear and selling among short-term investors, the strong support level of around $62,400 for short-term holders' average realized price could help stabilize prices in the near term.” – Link
By IT Tech | @cryptoquant_official
“While current conditions are causing fear and selling among short-term investors, the strong support level of around $62,400 for short-term holders' average realized price could help stabilize prices in the near term.” – Link
By IT Tech | @cryptoquant_official
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MVRV near the Distribution Region
“Therefore, the current phase is Neutral with low volatility and a tendency for a big move to follow.” – Link
By G a a h | @cryptoquant_official
“Therefore, the current phase is Neutral with low volatility and a tendency for a big move to follow.” – Link
By G a a h | @cryptoquant_official
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XRP in the Spotlight
“This trend suggests that as open interest rises alongside price, investors are opening more positions with the expectation of XRP's price increase.” – Link
By Woominkyu | @cryptoquant_official
“This trend suggests that as open interest rises alongside price, investors are opening more positions with the expectation of XRP's price increase.” – Link
By Woominkyu | @cryptoquant_official
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Join us live here on Telegram, June 20th at 10am ET as we dive into the TON Ecosystem with expert insights.
Understand TON’s activity and use cases in-depth.
Don’t miss out!
@cryptoquant_official
Understand TON’s activity and use cases in-depth.
Don’t miss out!
@cryptoquant_official
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The Ethereum OI data has dropped from $13 billion to $11.5 billion, giving the market some breathing space
“Following this significant increase in OI data, a sharp correction ensued, with OI data pulling back by $1.5 billion to $11.5 billion.” – Link
By burakkesmeci | @cryptoquant_official
“Following this significant increase in OI data, a sharp correction ensued, with OI data pulling back by $1.5 billion to $11.5 billion.” – Link
By burakkesmeci | @cryptoquant_official
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On-chain metrics of TON are going parabolic!
“The transfer volume ranges between $5.0B ~ $10.0B. For comparison, Bitcoin's average daily transfer volume is around $50.0B. This indicates that TON has already achieved between 10% Bitcoin's capacity.” – Link
By maartunn | @cryptoquant_official
“The transfer volume ranges between $5.0B ~ $10.0B. For comparison, Bitcoin's average daily transfer volume is around $50.0B. This indicates that TON has already achieved between 10% Bitcoin's capacity.” – Link
By maartunn | @cryptoquant_official
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MicroStrategy Acquires 11,931 BTC for $786 Million
“With this latest acquisition, MicroStrategy's total bitcoin holdings have reached 226,331 BTC, solidifying their status as one of the largest whales in the bitcoin market.” – Link
By maartunn | @cryptoquant_official
“With this latest acquisition, MicroStrategy's total bitcoin holdings have reached 226,331 BTC, solidifying their status as one of the largest whales in the bitcoin market.” – Link
By maartunn | @cryptoquant_official
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Guessing The Peak Of the Market
“When the asopr indicator rises above 1, it generally occurs during market uptrends, indicating a higher likelihood of continued price increases. However, historical data suggests that when this indicator approaches 1.08” – Link
By Woominkyu | @cryptoquant_official
“When the asopr indicator rises above 1, it generally occurs during market uptrends, indicating a higher likelihood of continued price increases. However, historical data suggests that when this indicator approaches 1.08” – Link
By Woominkyu | @cryptoquant_official
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Bitcoin is trading below the critical support level of $65.8K, now below $64K.
Falling under this threshold suggests a potential 8%-12% correction toward $60K.
Explore our Crypto Weekly Report.
@cryptoquant_official
Falling under this threshold suggests a potential 8%-12% correction toward $60K.
Explore our Crypto Weekly Report.
@cryptoquant_official
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Time for the accumulation whales to respond
“This is time when accumulation whales are likely to respond to market fear, indicating a potential V-shaped rebound.” – Link
By Mignolet | @cryptoquant_official
“This is time when accumulation whales are likely to respond to market fear, indicating a potential V-shaped rebound.” – Link
By Mignolet | @cryptoquant_official
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Levels of Correction Based on Supply in Profit
“Compared to past cycles, it appears there are still at least two more months remaining in the major bull market phase.” – Link
By Yonsei_dent | @cryptoquant_official
“Compared to past cycles, it appears there are still at least two more months remaining in the major bull market phase.” – Link
By Yonsei_dent | @cryptoquant_official
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Signs of a Local Bottom?
After a 15% correction, Bitcoin shows potential signs of a local bottom. Open interest has declined, funding rates are near zero, suggesting a more balanced market. Crucial U.S. economic data incoming. Is the tide turning? – Link
By Gustavo Faria | @cryptoquant_official
After a 15% correction, Bitcoin shows potential signs of a local bottom. Open interest has declined, funding rates are near zero, suggesting a more balanced market. Crucial U.S. economic data incoming. Is the tide turning? – Link
By Gustavo Faria | @cryptoquant_official
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