Tag: NVT

Dogecoin found critical support near $0.175–$0.18 after breaking below its ascending channel, sparking a short-term rebound.

By ItalianCannon Key Points Over 10.5 billion DOGE have been accumulated around $0.21, forming a dense whale cluster that acts as both support and potential resistance. On-chain metrics such as MVRV (~0.63), NVT (~93.4), and Stock-to-Flow (~110) collectively signal tightening supply and cautious optimism among investors. Derivatives data reveals 71.75% of active traders on Binance […]

Over 91% of Bitcoin’s circulating supply is currently in profit, a historically high level that underscores strong holder confidence

By ItalianCannon Key Points: Previous market bottoms in 2015 and 2018 saw nearly half the supply underwater, contrasting sharply with today’s shallow loss distribution Short-term traders are actively selling, as shown by sustained taker sell dominance over the past three months The NVT Golden Cross has declined by 12.54%, signaling a temporary mismatch between network […]