Short-term holder activity suggested Bitcoin might have formed a local top nearly three weeks ago. Long-term holder metrics from Santiment flashed warning signals. As an experienced analyst, I’ve closely monitored Bitcoin’s price action over the past few weeks, and based on recent developments, I believe we could be seeing a local top formation. The short-term … Read more
Cardano was down by over 9% in the last 24 hours. Indicators hinted at a continued price decline. As a researcher with experience in analyzing cryptocurrency markets, I’ve been closely monitoring Cardano’s [ADA] price movements and development activity. Last week, ADA displayed high developer activity as indicated by Santiment’s Dev Activity Contributors Count. However, the … Read more
Ethereum’s current decline signaled a cooling-off from its recent highs. Derivative data pointed to continued market interest. As an experienced analyst, I believe Ethereum’s current price decline signals a temporary pullback from its recent highs rather than the end of the rally. While the market waits for the approval of ETFs, derivative data points to … Read more
Arbitrum saw a notable boost in TVL over the last few days. The price of ARB fell significantly as activity declined. As a researcher with experience in the blockchain and cryptocurrency space, I’ve been closely monitoring Arbitrum [ARB], especially given its recent surge in Total Value Locked (TVL) that surpassed some of its contemporaries. The … Read more
MATIC’s price fell by more than 7% in the last 24 hours Metrics hinted at a further drop in its price soon As a researcher with experience in the crypto market, I’m closely monitoring the recent price action of MATIC and its relation to Polygon’s performance in the DeFi space. The past 24 hours have … Read more
Volume increased, while exchange inflows were double the outflows If SHIB rebounds, it could face resistance at $0.000025 As an experienced analyst, I’ve seen my fair share of market trends and price movements. Based on the current data, Shiba Inu (SHIB) might experience another drawdown despite a significant increase in volume. The high exchange inflows … Read more