📈 Buying Signal Triggered.
"..BTC has got supported by 21 Daily EMA between 61K ~ 63K which is very good consolidation for $BTC."
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by Minkyu Woo | @cryptoquant_official
"..BTC has got supported by 21 Daily EMA between 61K ~ 63K which is very good consolidation for $BTC."
― Read More
by Minkyu Woo | @cryptoquant_official
We have opened Polls and Comments in Quicktake.
Is the #Bitcoin futures market overheated?
Bulls vs. Bears are fighting here.
Join | @cryptoquant_official
Is the #Bitcoin futures market overheated?
Bulls vs. Bears are fighting here.
Join | @cryptoquant_official
Today's BTC QuickTakes (2021/11/17)
📈 On-chain macro structure is still bullish. Exchange balance is decreasing and no significant selling activities from long-term holders.
📉 In the short term, we might see some pullbacks as the futures market is over-leveraged and the price is forming a trend reversal pattern.
Join the discussion | @cryptoquant_official
📈 On-chain macro structure is still bullish. Exchange balance is decreasing and no significant selling activities from long-term holders.
📉 In the short term, we might see some pullbacks as the futures market is over-leveraged and the price is forming a trend reversal pattern.
Join the discussion | @cryptoquant_official
Today's BTC QuickTakes (2021/11/18)
📈The futures market started cooling off as open interest and funding rates are decreasing. 4h RSI dropped below 30, indicating BTC is oversold. Technically, the HTF structure looks good.
📉 Old coins are moving if you see CDD(Coins Days Destroyed) and exchange whale ratio spiked before the dip.
Join the discussion | @cryptoquant_official
📈The futures market started cooling off as open interest and funding rates are decreasing. 4h RSI dropped below 30, indicating BTC is oversold. Technically, the HTF structure looks good.
📉 Old coins are moving if you see CDD(Coins Days Destroyed) and exchange whale ratio spiked before the dip.
Join the discussion | @cryptoquant_official
Discussion: ETH hash rate keeps renewing all-time high
ETH policies like EIP-1559 antagonize miners by decreasing the miner revenue.
Why do miners keep joining? Is this a bullish signal?
Join the discussion | @cryptoquant_official
ETH policies like EIP-1559 antagonize miners by decreasing the miner revenue.
Why do miners keep joining? Is this a bullish signal?
Join the discussion | @cryptoquant_official
Today's BTC QuickTakes (2021/11/19)
📈 Whales are still accumulating BTC on the blockchain. Long-term holders and miners are holding BTC. Exchange reserve keeps decreasing. MVRV says we still have some rooms to go up.
📉 Futures markets seem still over-heated. People keep opening short positions and leverage ratio hit the all-time high. Short-term holders are selling and BTC balance is slightly increased at Binance.
Join the discussion | @cryptoquant_official
📈 Whales are still accumulating BTC on the blockchain. Long-term holders and miners are holding BTC. Exchange reserve keeps decreasing. MVRV says we still have some rooms to go up.
📉 Futures markets seem still over-heated. People keep opening short positions and leverage ratio hit the all-time high. Short-term holders are selling and BTC balance is slightly increased at Binance.
Join the discussion | @cryptoquant_official
Today's ETH QuickTakes (2021/11/22)
📈 ETH is burning its supply. Cumulative burned ETH is about to hit 1 million.
📉 200k ETH flowed into exchanges, possibly increasing short-term selling pressure.
@cryptoquant_official
📈 ETH is burning its supply. Cumulative burned ETH is about to hit 1 million.
📉 200k ETH flowed into exchanges, possibly increasing short-term selling pressure.
@cryptoquant_official
Today's BTC QuickTakes (2021/11/22)
📈 Coinbase premium started increasing at the bottom, indicating there US institutional investors started buying at this level.
📉 Historically, the market has had downside volatility on Thanksgiving days, possibly due to options expiration/rebalancing at the end of the month. Adjusted SOPR / Long-term Holder SOPR increased a couple of hours ago, indicating some of the long-term holders moved their funds.
@cryptoquant_official
📈 Coinbase premium started increasing at the bottom, indicating there US institutional investors started buying at this level.
📉 Historically, the market has had downside volatility on Thanksgiving days, possibly due to options expiration/rebalancing at the end of the month. Adjusted SOPR / Long-term Holder SOPR increased a couple of hours ago, indicating some of the long-term holders moved their funds.
@cryptoquant_official
We have opened CryptoQuant Korean translation channel.
For those who have difficulties with English, CryptoQuant is expanding our boundaries by offering translated Quicktake posts in following channels.
한국어| @cryptoquant_kr
Español| @cryptoquant_es
日本語| @cryptoquant_jp
Türkçe| @cryptoquant_turkish
فارسی| @cryptoquant_fa
@cryptoquant_official
For those who have difficulties with English, CryptoQuant is expanding our boundaries by offering translated Quicktake posts in following channels.
한국어| @cryptoquant_kr
Español| @cryptoquant_es
日本語| @cryptoquant_jp
Türkçe| @cryptoquant_turkish
فارسی| @cryptoquant_fa
@cryptoquant_official
Today's BTC QuickTakes (2021/11/23)
📈 In terms of market cycles, Puell Multiple and MVRV might indicate we're in the entry of the bull market. Spikes in Taker Buy Volume indicates yesterday's price surge was not short squeeze.
📉 Whales are depositing to exchanges. The top 10 deposits take 91% of total hourly deposits across all exchanges. DXY seems to have the inverse correlation with BTC, and DXY price is increasing.
@cryptoquant_official
📈 In terms of market cycles, Puell Multiple and MVRV might indicate we're in the entry of the bull market. Spikes in Taker Buy Volume indicates yesterday's price surge was not short squeeze.
📉 Whales are depositing to exchanges. The top 10 deposits take 91% of total hourly deposits across all exchanges. DXY seems to have the inverse correlation with BTC, and DXY price is increasing.
@cryptoquant_official
Today's BTC QuickTakes (2021/11/24)
📈 No significant aggregated inflows to exchanges, this might indicate we're still in the bull market, not in the pre-bear market or peak(blow-off the top)
📉 Technically speaking, looking at Supply Profit/Loss percentages, it seems we're not at the actual bottom in the short-term. Exchange reserve seems flat, but Whale Ratio seems too high now. The top 10 deposits take 94% of total hourly deposits across all exchanges.
⚠️ Keep your eyes on this chart today. The chart expires in 24 hours.
@cryptoquant_official
📈 No significant aggregated inflows to exchanges, this might indicate we're still in the bull market, not in the pre-bear market or peak(blow-off the top)
📉 Technically speaking, looking at Supply Profit/Loss percentages, it seems we're not at the actual bottom in the short-term. Exchange reserve seems flat, but Whale Ratio seems too high now. The top 10 deposits take 94% of total hourly deposits across all exchanges.
⚠️ Keep your eyes on this chart today. The chart expires in 24 hours.
@cryptoquant_official
Today's BTC QuickTake (2021/11/25)
📈 BTC balance keeps decreasing on spot/derivative exchanges for the third time. 3-day consecutive negative netflows.
📉 BTC addresses count ribbon might indicate short-term bearish, and sell signal triggered in Hashrate ribbon.
@cryptoquant_official
📈 BTC balance keeps decreasing on spot/derivative exchanges for the third time. 3-day consecutive negative netflows.
📉 BTC addresses count ribbon might indicate short-term bearish, and sell signal triggered in Hashrate ribbon.
@cryptoquant_official
Today's BTC QuickTake (2021/11/29)
📈 Long-term holders keep holding BTC according to SCA(Sum Coin Age). Exchange Supply Shock Ratio indicates BTC keeps flowing out exchanges.
📉 Korea Premium Index(Kimchi Premium) started increasing and it reached 7% yesterday, the highest since May this year. Now it's 5%. This might indicate retail investors are joining crypto.
@cryptoquant_official
📈 Long-term holders keep holding BTC according to SCA(Sum Coin Age). Exchange Supply Shock Ratio indicates BTC keeps flowing out exchanges.
📉 Korea Premium Index(Kimchi Premium) started increasing and it reached 7% yesterday, the highest since May this year. Now it's 5%. This might indicate retail investors are joining crypto.
@cryptoquant_official
Today's BTC QuickTake (2021/11/30)
📈 Miners' reserve is going sideways, meaning there's no significant selling pressure from miners.
📉 Fed chair suggests inflation no longer 'transitory'
@cryptoquant_official
📈 Miners' reserve is going sideways, meaning there's no significant selling pressure from miners.
📉 Fed chair suggests inflation no longer 'transitory'
@cryptoquant_official
#UTXO data/indicators
This data/indicator evaluates the profit ratio of the whole market participants by comparing the value of outputs at the spent time to created time.
This data/indicator evaluates the profit ratio of the whole market participants by comparing the value of outputs at the spent time to created time.
Anonymous Quiz
33%
Sum Coin Age Distribution (SCA Distribution)
67%
Spent Output Profit Ratio (SOPR)
Today's BTC QuickTake (2021/12/2)
📈 The average amount of flows to derivative exchanges from other exchanges is increasing, possibly to punt long positions.
📉 Futures market is getting heated as aggregated open interest is increasing while the price is going down. The average amount of exchange inflows are skyrocketed lately.
@cryptoquant_official
📈 The average amount of flows to derivative exchanges from other exchanges is increasing, possibly to punt long positions.
📉 Futures market is getting heated as aggregated open interest is increasing while the price is going down. The average amount of exchange inflows are skyrocketed lately.
@cryptoquant_official
3 Key Data Changes Before The Plunge:
1. Exchange Reserve sharply increased — Live Chart
2. Estimated Leverage Ratio Hit the All-time High — Live Chart
3. Exchange Whale Ratio hit the three-year high — Live Chart
@cryptoquant_official
1. Exchange Reserve sharply increased — Live Chart
2. Estimated Leverage Ratio Hit the All-time High — Live Chart
3. Exchange Whale Ratio hit the three-year high — Live Chart
@cryptoquant_official