CryptoQuant analyst sunmoon has reported a significant increase in accumulation activity by Ethereum long-term holders throughout June. This heightened buying occurred during a period of relative market consolidation, characterized by stable prices and reduced volatility. Historical patterns suggest that such… Read More »Ethereum Long-Term Holders Intensify Accumulation Amid Market Stability
Significant Ethereum holders, commonly referred to as whales, are actively engaging in a second round of profit-taking. This activity points towards a cautious market outlook and suggests potential short-term price consolidation. Accounts holding substantial quantities exceeding 100,000 ETH are actively… Read More »Ethereum Whales Initiate Second Wave of Profit-Taking, Signaling Market Caution
Bitcoin continues to face significant resistance near the $108,000 price level, reflecting a market caught in a state of uncertainty. The inability to decisively breach this key threshold underscores the ongoing struggle between bullish and bearish forces. The weekly price… Read More »Bitcoin Consolidates Below $108K Resistance as Market Indecision Persists
Bitcoin’s price volatility has intensified significantly, reaching 1.77% amid escalating geopolitical tensions between Israel and Iran. This marks a consistent upward trajectory in market fluctuations over the past five days, reflecting heightened speculative activity across cryptocurrency markets. Analysts attribute the… Read More »Bitcoin Volatility Surges Amid Israel-Iran Tensions, Signaling Market Consolidation Phase