📊👀 #ETH CQ: Ethereum’s Netflow SMA30 hits -40K ETH: buying pressure strengthens. As long as SMA30 stays in negative territory, the uptrend in Ethereum is likely to continue.

📈 #BTC Coinbase Premium Gap surges. It just hit $88.7, signaling spot buying pressure from Coinbase (US Institutional).

📊 #BTC #ETH #ETF According to data analyst Dragonfly, the BTC-ETF currently contains 6.38% of the total BTC supply, while the ETH-ETF contains 5.08% of the total ETH supply. If the current growth rate continues, the ETH-ETF will surpass the BTC-ETF in terms of the percentage of total supply contained by September.

Crypto is still being adopted at twice the speed on the internet from 5m IP addresses vs 5m wallets (very like for like).

Bitcoin Whales Shrink Wallets
🐋 Whales are selling Bitcoin

Average BTC held by whales (100–10k BTC) is now just 488 BTC the lowest since 2018!

Data points to heavy sell-off or redistribution.

Trend has been ongoing since Nov 2024.

📈 👀 #BTC wallets holding between 100 and 1,000 BTC continue growing and reaching new highs.

📉👀 #BTC In January 2025, spot trading volumes reached $636 billion, but by August they had nearly halved to $322 billion.

Activity on CEX is declining and the market is clearly moving into HODL mode.

🐶 #DOGE There’s a huge gap on Dogecoin between $0.19 and $0.07.

📊👀 #BTC Glassnode: A hallmark of bull markets is a low Relative Unrealized Loss, typically <5%. This metric tracks the USD loss of all coins currently underwater, normalized by market cap.

The current bull market has held this structure since November 2023, making it more persistent than the equivalent phases in the last two cycles.

📊👀 #ETH faces two major hurdles: $4,300 and $4,530.

Bitcoin closes red for October... the first time since 2018. So much for Uptober!

🚨 Bitcoin Dominance Strikes Again

#BTC has outperformed and crushed most altcoins this cycle, reaffirming its position as the king of crypto.

As capital consolidates back into Bitcoin, many alts continue to lag far behind in both price action and market strength.

CryptoQuant’s Bull Score Index just fell to ZERO — for the first time since Jan 2022.

The last time this happened? Right before the previous bear market began.

📉🤔 Alphractal: #BTC is very close to falling below all of the most important moving averages.

When this happens, it often represents a good opportunity to apply DCA and make recurring purchases in a smart, disciplined way.

📊BIG BTC SHORT RISK

Around $7B in Bitcoin shorts could be liquidated if #BTC jumps by $10K, putting massive pressure on bears as liquidity builds.