Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 100679
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Moralis Money
Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
BitcoinSistemi 2025-04-24 20:47:08

Bitcoin (BTC) Mega Bull Confirmed? Analytics Firm Issues Big Warning

Bitcoin (BTC) Mega Bull Confirmed? Analytics Firm Issues Big Warning

Bitcoin (BTC) rose to as high as $94,700, buoyed by optimism about a potential easing of US-China tariff tensions and a significant influx of institutional capital. However, on-chain analytics platform Glassnode warns that the market has not yet fully moved into bullish territory. In a recent report, Glassnode noted that US spot Bitcoin ETFs saw a record $1.54 billion net inflow on April 22, indicating a wave of institutional demand. This surge helped BTC briefly reclaim its Short-Term Holder (STH) Cost Floor of $92,900, a critical threshold that typically separates bearish and bullish market phases. During the rally, approximately 5% of Bitcoin’s circulating supply changed hands, with the Percentage of Supply in Profit increasing from 82.7% to 87.3%. Despite this, Glassnode noted that some short-term holders were taking profits, as evidenced by the increase in realized gains and the STH P/L Ratio reaching 1.0, a level typically associated with high exit risk. Related News: This Binance-Listed Altcoin Shared a Mysterious Message from its Official X Account: Price Reacts Futures market dynamics are also mixed. Open interest increased by 15.6%, while funding rates turned negative, suggesting that short positions are increasing despite the broader price rally. This adds another layer of complexity to the market outlook, suggesting the possibility of a developing short squeeze, according to the report. “While Bitcoin’s move above the STH cost floor is encouraging, it has yet to be confirmed as sustainable support,” Glassnode said, adding: “The market is at a key decision point.” The analysis also noted that the performance gap between Bitcoin and Ethereum has widened, attributing this to sharp differences in ETF inflows. Bitcoin ETFs have seen inflows exceeding 10% of BTC’s spot volume in two waves over the past two weeks, while Ethereum ETFs have recorded less than 1% of ETH’s spot volume. “The disparity in ETF flows is indicative of a divergence in institutional appetite,” Glassnode said, suggesting that this could explain Ethereum’s recent underperformance compared to Bitcoin. As Bitcoin tests critical levels, analysts and investors will be closely watching whether the bulls can maintain the momentum above $92,900. *This is not investment advice. Continue Reading: Bitcoin (BTC) Mega Bull Confirmed? Analytics Firm Issues Big Warning

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
62.39%
Bitcoin Share
303
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.