Search results for Hodler Net Position Change
Crypto
Spot demand and long-term holders support bitcoin as it eyes $90,000
Bitcoin is entering a phase in which the market is again testing the possibility of breaking above $90,000, as accumulation by long-term holders has risen by more than 10 percent over the past three trading days. It is trading around $76,000 after confirming resistance near $78,380 last week. Spot demand, rather than derivatives, is in focus, with open interest and funding rates moving toward neutral while on-chain indicators point to long-term holders absorbing supply.
Crypto
Ethereum faces 20 percent drop warning as institutions already rotate into bitcoin
Ethereum (ETH) is trading in the $2,100 range as a head-and-shoulders pattern on the 12-hour chart raises the possibility of about a 20 percent decline. BeInCrypto cited ETF fund flows and slowing on-chain demand as factors behind institutions preferring bitcoin (BTC) over ether. Bitcoin spot ETFs saw $1.32 billion in net inflows in March, while Ethereum ETFs recorded net outflows, extending a five-month streak.
Crypto
Solana jumps 30 percent, but long-term uptrend remains unclear
Solana rebounded about 30 percent within two days after a sharp slide amid a broader crypto market selloff, but the chance of further declines remains, a report said. BeInCrypto said the recovery likely reflected short-term buying rather than strong long-term demand. On-chain data showed a jump in supply held by short-term cohorts and a continued drop in long-term holders’ positions. The outlet warned the rally could fade if selling pressure returns.