A further 70K coins are in loss from purchases between Feb. 6 and today.
Circulating supply hits 20M BTC next week, that’s 50% in loss.
History suggests that’s enough capital destruction for a bear market bottom.
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Crypto Chartist ™️
#STEEMUSDT 1D #STEEM is trading within a descending channel on the daily chart. Volume has spiked, and #STEEM even made an initial attempt to break out of the channel, but it was rejected by the Ichimoku Cloud and the daily EMA100, pushing the price back…
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Crypto Chartist ™️
#KERNELUSDT 1D #KERNEL is on the verge of breaking above the descending resistance and the daily SMA50. If a breakout occurs, the potential upside targets are: 🎯 $0.0831 🎯 $0.0948 🎯 $0.1066 🎯 $0.1234 🎯 $0.1447 ⚠️ Always apply tight stop-losses and maintain…
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#BTC CME basis is compressing, and the curve is flattening.
However, unlike the 2018 and 2022 bottoms, it remains positive with no backwardation.
However, unlike the 2018 and 2022 bottoms, it remains positive with no backwardation.
CryptoQuant: Spot demand for 💰 BTC is waking up
For the first time since late November 2025, Bitcoin demand on the spot market has started to increase.
This suggests:
• Buyers are slowly returning after months of weak demand
• Selling pressure on spot exchanges may be easing
• The market could be transitioning from pure distribution to early accumulation
It’s not a full trend reversal yet — but historically, rising spot demand is one of the first signals that the worst phase of a correction may be behind us.
For the first time since late November 2025, Bitcoin demand on the spot market has started to increase.
This suggests:
• Buyers are slowly returning after months of weak demand
• Selling pressure on spot exchanges may be easing
• The market could be transitioning from pure distribution to early accumulation
It’s not a full trend reversal yet — but historically, rising spot demand is one of the first signals that the worst phase of a correction may be behind us.
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#STXUSDT 12H
#STX has broken above the descending resistance on the 12H timeframe and is currently interacting with the SMA50. You can buy a small bag here and add another bag near the trendline. The potential upside targets are:
🎯 $0.2901
🎯 $0.3115
🎯 $0.3328
🎯 $0.3633
⚠️ Always apply tight stop-losses and maintain strict risk management.
#STX has broken above the descending resistance on the 12H timeframe and is currently interacting with the SMA50. You can buy a small bag here and add another bag near the trendline. The potential upside targets are:
🎯 $0.2901
🎯 $0.3115
🎯 $0.3328
🎯 $0.3633
⚠️ Always apply tight stop-losses and maintain strict risk management.
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