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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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According to Glassnode, Bitcoin, Ethereum, and Solana look weak, while XRP appears positive! - Coin Bulletin
According to Glassnode data, investors who made purchases at the price peak between December 2024 and January 2025 appear to be at significant losses in SOL and ETH, with slight losses in BTC, and only showing profits in XRP.
Leading data platform Glassnode, which analyzes cryptocurrency markets, shared an interesting analysis evaluating the recent price volatility. The analysis scrutinizes the current situation of investors who bought during the market's most euphoric period in December 2024-January 2025. This review offers important insights into the medium-term market sentiment.
According to Glassnode's data, those who bought during the period of excitement are currently at a %28 loss for Solana (SOL) when purchased at the level of 146 dollars. The loss is even larger for those who entered Ethereum (ETH) at the level of 1,800 dollars: a loss of %36. Bitcoin (BTC) shows a relatively low loss rate of %1 for those who bought around 95 thousand dollars. Among these crypto assets, only XRP offers a %11 profit for investors with a cost of 2.14 dollars.
(# Signs of market weakness
The most striking point in the analysis is that the stabilization of prices below the cost basis of investors holding for 3-6 months is assessed as a clear indication of market weakness. This situation indicates that short- and medium-term investors are under pressure and that selling pressure may continue.