The magnitude of unrealized profit held by LTHs can be considered as a measurement of the incentive for this group to spend coins, and take chips off the table. We can visualise this psychological incentive using the LTH-NUPL metric.

At the time of writing, LTH-NUPL is at 0.66, which resides between levels associated with the pre-euphoria phase 🟢. This condition has been in play for 96-days, which is a very similar duration to the 2016-17 cycle.

Here's the Analysis of #ETHFI :

#ETHFI kept on pushing lower low and moved below the major level. Price has no reference point looking left and might reach the listing price too. Its better to wait for the price to change a structural market shift so we can anticipate some up-move.

#TOTAL MARKETCAP UPDATE :

#TOTAL MARKETCAP making similar price action as #BTC, and hodling it below support too. Index might perform the same, by which a drop is expected back to support and could be the potential reversal opportunity .

Using the Long-Term Holder Spending Binary Indicator, we can detect periods of significant LTH spending by observing consistent declines in their aggregate balance. The LTH-spending regimes are classified as follows:

- Weak Spending 🟩: LTH supply declines for at least 3 of the last 15 days.
- Moderate Spending 🟧: LTH supply declines for at least 8 of the last 15 days.
- Strong Spending 🟥: LTH supply declines for more than 12 of the last 15 days.

What Is Series B Funding?

A Series B funding round is the second round of funding a business. It follows a Series A and precedes a Series C funding round. The money raised in a Series B funding round comes mostly from venture capitalists and private equity investors. It follows the achievement of major milestones.

How Does Series B Funding Work?

A Series B company tends to have a valuation between $30 million and $60 million and has an established business to back up its capital needs. The funding often includes investors from previous round, like Series A. The round is led by a key investor banging the proverbial drum for the company to draw in other investors. However, in contrast to a Series A, a Series B also attracts new venture capitalists that specialize in funding later-stage companies.

What’s the Difference Between Series A and Series B Funding?

A Series A company develops a unique product or service. Its product-market fit has been validated, and the company is in its growth stage and focuses on marketing and advertising. Investors in a Series A look for a startup with a strategic growth plan. These are typically early-stage venture capital or private equity firms helping the company to acquire inventory and staff.

On the other hand, a Series B company already has a significant user base and focuses on growing its business through additional capital, sales, business development and customer service. Consequently, Series B investors is focused on helping the company to scale its established business.

Series B investors pay a higher share price for the equity they acquire since the later stage the company is at translates into a lower risk of ruin. If a company raises a Series B through equity, investors may prefer convertible preferred stock over common stock in order to prevent the dilution of their shares.

Alternatively, a Series B can be raised through fundraising from private equity investors, venture capitalists or credit investments. A company can also turn to crowdfunding from the general public.

Why Is It Difficult to Get Series B Funding?

The company's business life cycle can be a challenging aspect of this funding round. Investors will check how previous assumptions have held up to real-world scrutiny and assess investment viability accordingly. They may also ask for sources of revenue or a revenue plan that indicates the company is generating or planning to generate profits.

Here's the Analysis of #BOME :

#BOME reached the listing price of the #binance with the market correction, and there's a good and key support area of $0.0073 - $0.0082. Price also forming a triangle pattern, where breakout is pending. Nothing is on the support so short good enough after a break below else long will play out if market sustain this level.

#BTC gone our way and dropped hard back to $60,000 and even surpasses below, by which printed a new lower low. Another liquidity grab happened and might push to the upside now but not a reversal.

Past 24H having more than $250M+ Liquidation.

#LDO perfectly dropped lower towards the major support zone and rejecting it pin precisely. Looking into the market strucure, price is still strongly bearish. We need to wait for the price to shift it before moving any up. Overall, market conditions is not good enough, so this might take time.

The next chart combines the previous models to evaluate Long-Term Holder (LTH) sentiment and behavior, considering their profit-taking incentives and actual spending patterns. We identify four LTH divestment regimes:

- Capitulation 🟥: Spot price is below the LTH cost basis, indicating fear-driven spending.
- Transition 🟧: Price is slightly above the LTH cost basis, with occasional light spending, reflecting typical day-to-day activity.
- Equilibrium 🟨: After a bear market, the market seeks balance with light new demand and gradual divestment by previous cycle holders. Strong LTH spending indicates sudden rallies or corrections.
- Euphoria 🟩: LTH-MVRV above 3.5, aligning with the market reaching the prior cycle ATH. LTHs hold +250% in unrealized profits, leading to high and accelerating spending rates.

This framework shows elevated LTH spending in Q4 2023 and Q1 2024, placing the market in the equilibrium regime during this period.

Sometimes this guys comes like an saviour 👍

Here's the Analysis of #DYM :

#DYM is been just going with the down trend and moving lower towards the listing price. Price also moving with the large downtrend channel pattern and nothing can be done here. Its better to skip this and look into another coin.

Mt. Gox moves $2.7B in Bitcoin to new wallet address

This create a strong panic to the market

#BTC failed to hodl the support area and made a clean break below. Price did attempt a retest back to zone and strongly dumped. This was caused dur to Mt. Gox Transferred Huge #BTC to another wallet and repayment will start, which might create sort of pressure. Its better to see the market where it going rather than jumping into the dips.

#WLD dropped hard nearly 25% in the favor after the clean rejection and retest. Nothing look clean at left, the next major area to look into is at $1.00.