auditoriya statistikasi CRYPTO INSIGHTS

Since the beginning of the war, more than 2000 civilians have been killed by Russian missiles, according to official data. Help us protect Ukrainians from missiles - provide max military assisstance to Ukraine #Ukraine. #StandWithUkraine

Arbitrum averaged a $10M stablecoins inflow per day in February. This is huge!👀

UPDATE: Silvergate Capital to shut down operations, and liquidate Silvergate bank ⛔️ $SI

SP500 Update 🔸The weekly chart for the S&P 500 shows that it is holding strong above a significant key level, indicating resilience. However, the US market is currently facing intense economic decisions which could potentially impact it directly. 🔸Additionally, economic data suggests that we are not yet out of the woods. Therefore, it is important for the S&P 500 to continue holding above this key level in order to maintain stability

6,760.47 $BTC ($141,036,249.09) has been withdrawn from Binance.x👀

DXY Update 🔸The DXY has successfully broken out of a significant key level and its target for this breakout is set at 107 zones. 🔸It's important to note that when the DXY rises, other risk-on assets tend to fall. Therefore, it's crucial to manage your trades properly and implement tight stop-losses during this time

The amount of Bitcoin ($BTC) supply that has been inactive for over 10 years has reached a new all-time high of 2,651,134.063 BTC Source: Glassnode

BTC Update 🔸As we mentioned in our previous update, BTC is likely to experience a drop after forming a bearish pennant. Currently, BTC has down by 2%.

🚨 JUST IN 🚨 📌FED's POWELL: "WE ARE WATCHING CRYPTO SPACE, AS QUITE A LOT OF TURMOIL THERE" 👀👀👀

BTC Update 🔸In the 4-hour time frame, the price is currently consolidating within a significant bearish pattern. It is highly likely that a downward breakout will occur soon, resulting in a potential drop in price. However, if the price breaks towards the upside, this would invalidate our bearish outlook.

Mt. Gox creditors may receive repayments from March 10 onward. 137,890 $BTC($3B) unlock is coming soon!👀

🔸Bitcoin Long Term Holders are still spending at a loss as a cost basis; this occurs during bear markets (Capitulation + Fear). While the price is battling, LTH Realized price for over a month now, the longest ever. 📌Price = $22.3k 📌LTH RP = $22.1K 📌LTH Spending = $30.1K

Funding Rate 🔸Based on funding rates, the market is showing a predominantly bearish sentiment, with traders taking short positions in anticipation of further declines. The funding rate of perpetual futures is typically used to indicate the current market bias. 🔸The most recent instance of a negative hourly value in funding rates occurred in December 2022, when the price of Bitcoin was approximately 16 thousand US dollars.

Here’s the Matic Analysis 🔸In the 4-hour timeframe, it is apparent that the price has been following a downward parallel channel for the past 16 days. Additionally, the price has shown a clear reaction to the 0.50 Fibonacci support level within this channel. 🔸The future movement of the price will largely depend on whether or not a breakout of this parallel channel occurs. A breakout to the upside would indicate that the first resistance zone is located at $1.34. Conversely, if a breakout to the downside occurs, it would test the $1 level.

BTC Weekly Closing Update 🔸The price has closed below 22,500, which may indicate bearish sentiment in the short term. However, when we examine the market structure, we can see that the weekly candles are forming a higher low and respecting the trendline support. This suggests that the long-term trend is still intact. 🔸As long as the price remains above the trendline support, there is no change in the overall price direction, and the market is likely to continue trading sideways for the time being. 🔸It's important to keep an eye on any developments that may affect the trendline support, as a breach could indicate a shift in market sentiment and potential changes in price direction.

📢 WEEKLY ROUNDUP 📢 MARKET 🔸 Bitcoin consolidates near $22.3k 🔸 DXY sticks to 104 🟡 Bitcoin Fear and Greed Index: 47, sentiment stays 'Neutral' TOP STORIES 🔹Silvergate suspends crypto payments network 🔹Ethereum deploys ERC-4337 or "Account Abstraction" ANALYSIS ▫️ EGLD – Price has broken out of the inverse head and shoulders pattern

BTC in the lower TF 🔸The price of Bitcoin has been consolidating within a parallel channel on the lower timeframe for the past 13 days. A major breakout from this trend could potentially determine Bitcoin's next move. 🔸It's important to note that the significant area to break is still at 25k, while 21,500 is likely to be tested. To minimize risks, it is advisable to manage your trades well by setting tight stop losses.

BTC in the lower TF 🔸The price of Bitcoin has been consolidating within a parallel channel on the lower timeframe for the past 13 days. A major breakout from this trend could potentially determine Bitcoin's next move. 🔸It's important to note that the significant area to break is still at 25k, while 21,500 is likely to be tested. To minimize risks, it is advisable to manage your trades well by setting tight stop losses.

BTC In the Daily TF 🔸The current condition of BTC in the Daily chart appears to be bearish. A diamond top pattern has formed and already played out, with the price closing below the pattern's trendline. 🔸This could indicate a potential downtrend continuation in the lower timeframe. It may be a good time to consider taking profits.

🔸CryptoQuant's data shows that in a one-hour period this morning, around $42 million worth of open long futures contracts were forcefully closed. This marks the third significant long contract liquidation event since the TERRA/LUNA crash, and the second since the FTX collapse. 🔸The cause of this event was a massive spot sale that occurred on various exchanges, primarily Binance.

The best buying opportunity for Bitcoin is currently within the green channel. It's important to note that BTC has not yet moved out of the channel.

Funding rates matrix is finally green!

Fun Fact: Did you know? 🔸The month of March is historically red. 👀Let’s see how 2023 month of March close!

BTC Broke out! 🔸BTC broke out of the bearish rising wedge! The next crucial support sits at 21,386. 🔸Breaking the 20k support would be bearish locally.

BTC Monthly Closing 🔸Despite an enthusiastic rally, Bitcoin closed February 2023 almost unchanged, with a decrease of only 0.01%. This marks $BTC's most neutral monthly performance on record

If the markets continue to decline, there may be significant losses for investors as the current allocation to stocks remains at a high level. This poses a potential risk for investors who could experience significant losses if the market downturn continues

ETH/BTC Pair 🔸The price broke through the falling wedge that was formed inside the descending channel! Moreover, the resistance was already re-tested. 🔸At the moment the way up to 0.072 is free. Ethereum is ready to fly and outperform Bitcoin. Take this fact into account while managing your crypto portfolio.