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 […]
Tag: NVT
By coinspy Key Takeaways: Bitcoin spot trading volume reached $9.2 trillion in the first half of 2025, with Binance capturing over $3.44 trillion—nearly 37.34% of the total. On-chain valuation metrics such as the NVT Golden Cross, Network Value to Metcalfe Ratio, and Puell Multiple all show signs of weakening momentum. Miner outflows have dropped significantly, […]
By ItalianCannon Key Points: XRP recently broke above the neckline of an inverted head-and-shoulders pattern, signaling a possible bullish reversal following a prolonged consolidation phase. Trading volume surged by over 111%, and Open Interest reached $5.02 billion, indicating growing institutional and retail interest in the asset. Despite the technical strength, bearish signals linger—most notably, negative […]