Category: News

Ethereum is cheap yet the data whispers the bottom isn’t in yet from onchain analytics platform Cryptoquant on Thursday. Eth is trading around 17% below its realized price but only two of five signals have reached historical bottoming levels they added.
Selling pressure is easing. Capitulation is still missing. 🖤
Eth realized price which is a measure of the average price at which every token currently in circulation last moved onchain is currently at $2,300.
Historically trading below the realized price signals holder losses that tend to exhaust sellers and mark bottoms.

Ethereum Versus Bitcoin Indicators Still Lack The Final Touch 🌙

The analysts said trading below the aggregate cost basis means the marginal holder is sitting on losses which historically exhausts sellers and compresses downside.
However cheapness alone has never been sufficient since the timing of a bottom has depended on Ethereum’s position relative to Bitcoin. This can be measured by the Eth/Btc Mvrv ratio which has fallen from extreme overvaluation to neutral but not to extreme cheapness.
Additionally the exchange inflow ratio has also dropped from over 1.5 to about 0.8 as selling pressure eased but it hasn’t reached the ~0.4 low-pressure zone seen at past bottoms they said.
Spot volume ratios have also collapsed to levels last seen in Eth/Btc bottoms but the three other signals are not there yet.
Cryptoquant concluded that while Eth remains cheap a final bottom and the Eth outperformance that would follow may still take more time to form.
Eth is approaching undervalued levels relative to Bitcoin which points to lower downside pressure ahead. 🕸️
Fundamentally Ethereum remains strong with growing real-world asset tokenization and agentic AI payment narratives.
Ethereum has the characteristics that institutions need said Sharplink CEO Joseph Chalom on Thursday.
I don’t know a lot for certain in life but I spent 20 years at Blackrock. And I know for sure before you move financial rails that are 40 50 60 years old you want it to move to something that’s trusted always on secure with the most liquidity. 🌹
Sharplink resumed its Ethereum buying in late June scooping up 10,000 Eth worth around $16 million. 🦇

Ethereum Price Outlook Still Needs That Reclaim 💀

Despite the bullish fundamentals Eth prices have retreated this week. The asset has fallen back from a seven-week high of $1,950 on Wednesday to $1,860 in early Asian trading on Friday morning.
Eth has lost almost 3% on the day but remains up 12% over the past 30 days. It needs to reclaim the $2,000 psychological barrier to measure any further momentum. 🕯️💜🪦

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Just another echo from the void by iconofsin.eth 💖

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The ongoing chatter around Bitcoin finding its bear market exit splits into two distinct camps. One side clings to the classic four year cycle while the other senses the floor might already sit beneath us. Grayscale tilts toward the latter view 🖤

Macro Shifts Eclipse Cycle Patterns 🌑

Backers of the four year cycle see halvings as the core price driver and anticipate this dip mirroring past patterns. Historically Bitcoin has bottomed roughly one year after peaks and two and a half years post halving with average drops near 80%. That lens points to a possible September or October low yet Grayscale highlights how BTC now tracks broader macro forces like major assets instead 🔮 The firm noted that earlier bears aligned with slowing growth and rising real rates while this round unfolded amid Federal Reserve expectations and higher real rates. Under that macro lens the price could stabilize once those conditions ease. If the Federal Reserve pauses hikes and growth stays steady Bitcoin may have already hit its trough making extra drops unlikely despite cycle models.

Analyst Whispers Hint At Early Floor 🦇

Crypto trader Killa also said Bitcoin structure suggests the bottom may already be in though he stays 50/50 on timing due to cycle quirks. He noted BTC swept the dead cat base low and finished the five wave correction seen in prior bears yet this cycle wrapped in around 260 days instead of 365. Killa believes assuming fixed lengths is the real mistake and expects higher lows rather than fresh depths. Earlier this week analyst Ali Martinez pointed out the monthly chart flashing signals that marked the 2015 2019 and 2022 bottoms. While on chain metrics like MVRV and CVDD still allow room toward the 40000 to 50000 zone the setup has historically flagged accumulation zones with solid risk to reward for spot buyers. Analyst Doctor Profit warned that waiting for a classic cycle bottom in September or October risks missing the next leg up. Bitcoin could revisit the 54000 area but he sees no drop below 50000 and favors gradual accumulation for its attractive profile 🕸️ 🌙 🕯️ 💉 🌹

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Just another echo from the void by iconofsin.eth 💖

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The recent numbers on Shiba Inu reveal almost 1.7 million holders lurking in the shadows 🖤 yet a tiny cluster of wallets clutches nearly all the supply in a way that feels deliciously ominous.

Whale Shadows and Tiny Holders 🐾

Earlier this month SHIB addresses hit a fresh peak at 1676535 after one explosive day added 75000 fresh wallets. The count keeps rising and now sits at 1678502. Etherscan shows nearly a million belong to shrimps clutching no more than 10 dollars in the token. Next come crabs at 477871 holding 10 to 100 dollars with fish dolphins and sharks following behind.

Power Plays in the Dark 🌑

Only 703 whales each guarding over 100000 dollars worth control a staggering 94.5 percent of total supply while making up just 0.04 percent of addresses. That kind of grip could twist price swings on a whim whether through sudden dumps or sneaky buys.

Critical Glow Before the Storm 🕸️

Right now the token trades near 0.000004235 after a brutal 72 percent yearly drop. X user CRYPTO SHERIFF pointed out the long consolidation below a 5 year downtrend calling it a critical stage ripe for a massive pump.

“There is an unwritten rule in crypto: the longer the consolidation lasts the bigger the breakout! SHIB is at a critical stage! Unless there is a market downturn in the coming days we could see a new rally for SHIB” they stated. View on X

Exchange reserves have sunk to a five year low with roughly 86.2 trillion SHIB left on centralized platforms which usually eases selling pressure.

Yet warning signs shimmer too. X user SHIBMortal highlighted a 91 percent match with the 2023 bearish pattern hinting at a possible 20 percent slide toward the 0.0000032 to 0.0000033 zone.
View on X

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin’s latest surge has shoved the asset straight into a zone where sellers love to feast. The next moves will show if this bounce packs real power or if rejection strikes again like a shadowy surprise.

Daily Vibes On The Chart 🖤

On the daily frame BTC has pushed its recovery deep into the 65.5K-66.7K supply area after snatching back the falling trendline that held it down for weeks. This breakout feels like a cool upgrade in structure yet the bigger picture still sits trapped under the sliding 100-day moving average with the 200-day one floating even higher. The resistance zone lines up with an old distribution spot so seller vibes are likely to pop up right here. A strong daily close past 66.7K would boost the bullish side and open the door to the next wall near 72K-74K.

On the flip side the old breakout pocket around 63K-64K turns into the first support haven. While BTC stays above that spot buyers keep short-term grip. Dropping below it would drag eyes back toward the wider demand area near 58K-59.5K where the latest sharp climb first sparked.

4-Hour Momentum Check 🌑

The 4-hour view spotlights a fresh momentum flip once Bitcoin sliced above the descending trendline and charged straight into the overhead supply band around 65.5K-66.7K. The market is now chilling under resistance after getting turned away at the top edge. This pause smells more like profit grabs than a full reversal trend especially since that broken resistance line is already reclaimed. If buyers soak up the current supply a clean break past 66.7K might spark another sharp push higher.

Still failing to hold these levels would likely pull things back toward the 63K-64K demand pocket where it meets the recently cracked trendline and could become the next defense line before any fresh upward try.

Sentiment Radar Sweep 💀

The one-year Binance liquidation heatmap reveals a heavy cluster of short-side liquidity sitting around the 88K zone marking one of the biggest untouched pools above current price. From a structure angle this fits the idea that Bitcoin could eventually get pulled toward that juicy liquidity. Yet until price clears the 90K cluster and holds acceptance above it the higher-timeframe path stays hard to call fully bullish.

So this recovery still needs a cautious eye. Even with short-term structure looking better every bullish step can read as corrective inside the bigger bearish setup until that major overhead liquidity gets swept and price settles cleanly above the region.

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Just another echo from the void by iconofsin.eth 💖

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