Two-year Bitcoin hodlers “absorbed” seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows. 🔗 Source 💡 DMK Insight Bitcoin’s current price of $66,384 is under pressure, and here’s why that matters: The recent research indicates that two-year hodlers have been absorbing selling pressure, which suggests a strong underlying demand. However, the prevailing sentiment among analysts points to the likelihood of new macro lows. This dichotomy creates a critical inflection point for traders. If hodlers continue to hold firm, we could see a potential rebound, but if broader market conditions worsen—especially with looming economic indicators like inflation and interest rates—BTC could test lower support levels. Watch for key technical levels around $60,000, as a break below could trigger further selling. On the flip side, if Bitcoin manages to hold above this level, it could signal a buying opportunity for swing traders looking to capitalize on potential upside. Keep an eye on volume trends and market sentiment, as these will be crucial in determining the next move. The real story is how hodlers react to any bearish news; their resilience could be a game changer. 📮 Takeaway Watch for Bitcoin to hold above $60,000; a break below could lead to further downside, while stability may present a buying opportunity.

Technical charts show Bitcoin price hanging on to softening support in the $68,000 to $65,000 zone, and a breakdown below the level could usher in new lows in the $50,000 range. 🔗 Source 💡 DMK Insight Bitcoin’s precarious position near $68,000 is a critical juncture for traders right now. With support softening in the $68,000 to $65,000 range, a breakdown could trigger a swift move toward the $50,000 mark. This isn’t just a technical level; it’s a psychological barrier that could lead to panic selling if breached. Traders should be on high alert for volume spikes or bearish signals on the daily charts, as these could indicate that the market is losing confidence. On the flip side, if Bitcoin manages to hold above $68,000, it could set the stage for a rebound, potentially drawing in buyers looking for a dip. Watch for key indicators like RSI and MACD to gauge momentum shifts. If we see a significant drop below $65,000, it might be wise to reassess long positions or consider hedging strategies. Conversely, a bounce back above $70,000 could signal a bullish reversal, opening up opportunities for short-term gains. 📮 Takeaway Monitor Bitcoin closely; a drop below $65,000 could lead to a swift decline toward $50,000, while holding above $68,000 may signal a potential rebound.

Ethereum onchain data and a bear pennant on the daily chart suggest that bears may target the $1,100 level. Would a dip to that zone represent a generational buy opportunity? 🔗 Source 💡 DMK Insight Ethereum’s current price at $1,953.30 is flirting with a potential breakdown, and here’s why that matters: The bear pennant formation on the daily chart indicates a consolidation phase that often precedes a significant move. If bears push ETH down to the $1,100 level, it could trigger a wave of buying interest, especially among long-term investors looking for a generational entry point. However, this scenario hinges on broader market sentiment and macroeconomic factors, including interest rates and regulatory news that could impact crypto markets. Watch for volume spikes as ETH approaches this critical support level, as they could signal whether a bounce is imminent or if further downside is likely. On the flip side, if ETH fails to hold above $1,953.30, it could lead to a cascade effect, pulling other altcoins down with it. Traders should keep an eye on correlated assets like Bitcoin, which often leads the market. The next few days will be crucial—monitor the $1,100 level closely for potential buying opportunities or further bearish momentum. 📮 Takeaway Watch the $1,100 support level closely; a dip there could signal a strong buying opportunity for long-term investors.

Net selling from altcoins topped $209 billion, far outpacing the sell volumes seen during Bitcoin’s five-month sell-off. Will these traders reposition into Bitcoin? 🔗 Source 💡 DMK Insight Altcoin sell-offs are hitting hard, with over $209 billion exiting the market, and here’s why that matters: This massive net selling indicates a significant shift in trader sentiment, likely driven by fear or uncertainty in the altcoin space. With Litecoin currently at $53.28, traders might be looking at Bitcoin as a safer bet, especially if they believe altcoins won’t recover soon. If this trend continues, we could see a substantial influx of capital into Bitcoin, potentially pushing its price higher. Watch for Bitcoin’s response; if it breaks above key resistance levels, it could signal a broader market recovery. But don’t overlook the potential for a rebound in altcoins. If Bitcoin stabilizes and shows strength, some traders might look to re-enter altcoins at lower prices, creating a buying opportunity. Keep an eye on the 24-hour trading volumes and any news that could shift sentiment back towards altcoins. The next few days will be critical in determining whether this is a temporary dip or the start of a longer-term trend. 📮 Takeaway Monitor Bitcoin’s price action closely; a break above key resistance could signal a shift in capital from altcoins back to BTC.

SOL price looks bearish on multiple chart timeframes, leading analysts to put a short-term target on $50. Will the “extreme” state of SOL’s MVRV indicator prevent another price crash? 🔗 Source 💡 DMK Insight SOL’s bearish trend is raising eyebrows, especially with analysts eyeing a short-term target of $50. The MVRV (Market Value to Realized Value) indicator being in an ‘extreme’ state suggests that SOL might be undervalued, but that doesn’t guarantee a rebound. Traders should be cautious; if SOL breaks below key support levels, it could trigger further selling pressure. The broader market sentiment is also shaky, with many altcoins following Bitcoin’s lead. If BTC struggles, SOL could face additional headwinds. On the flip side, if SOL manages to hold above $50, it could attract buyers looking for a bargain, especially if the MVRV indicator stabilizes. Keep an eye on the daily charts for potential reversal patterns or volume spikes that could signal a shift in momentum. Watch for any news that could impact overall market sentiment, as that could sway SOL’s trajectory significantly. 📮 Takeaway Monitor SOL closely; a break below $50 could lead to increased selling, while stabilization above that level might attract buyers.

Bitcoin’s “short-term holder stress” metric has fallen to lows not seen since 2018, suggesting the market has capitulated and possibly bottomed. 🔗 Source 💡 DMK Insight Bitcoin’s ‘short-term holder stress’ metric hitting 2018 lows is a big deal for traders right now. This suggests that many short-term holders have either sold off or are holding through the pain, indicating a potential market capitulation. Historically, such stress levels have marked significant turning points, often signaling a bottom. If you’re looking at trading strategies, this could be a cue for long positions, especially if Bitcoin starts to stabilize around current levels. Watch for resistance around recent highs to confirm any bullish momentum. But don’t ignore the flip side—if the market doesn’t bounce back soon, we could see further selling pressure from those still in the red. Keep an eye on broader market sentiment and related assets like Ethereum, which often follows Bitcoin’s lead. The next few weeks will be crucial; monitor the daily close above key support levels to gauge whether this capitulation leads to a genuine recovery or just a temporary pause. 📮 Takeaway Watch Bitcoin’s price action closely; a sustained move above recent resistance could signal a recovery, while failure to hold support might trigger more selling.

A drop in Solana’s dApp revenues, along with limited institutional and retail investor interest, adds vulnerability to SOL’s $78 support. 🔗 Source 💡 DMK Insight Solana’s dApp revenue decline is a red flag for traders watching the $78 support level. With both institutional and retail interest waning, SOL faces increased selling pressure. If this support breaks, it could trigger a cascade of stop-loss orders, leading to further downside. Traders should keep an eye on volume trends; a spike in selling volume could confirm bearish sentiment. Additionally, the broader crypto market’s performance will play a role—if Bitcoin struggles, SOL is likely to follow suit. On the flip side, if SOL manages to hold above $78, it could attract bargain hunters looking for a rebound, especially if dApp activity picks up. Watch for any news or developments that could reignite interest in Solana, as that could shift the momentum quickly. 📮 Takeaway Monitor the $78 support level closely; a break could lead to significant downside, while a hold might attract buyers if dApp activity improves.