Unknown whales continue to increase their Ether exposure as technical indicators suggest a short-term ETH price rally to $4,000.
Bitcoin whales doubled down on their BTC purchases, but long-term holder selling and resistance above $106,000 curtailed a potential recovery to $110,000.
Bitcoin’s recent weakness mirrors broader economic uncertainty, as unreliable economic data and shifting expectations on US growth and policy cloud investor confidence.
Bitcoin’s momentum loss continues as long-term holders add to market selling pressure and rising US dollar strength leads investors to reduce their exposure to risk.
Data shows that BTC’s “average annual returns have gradually declined, with no peaks at all in the last cycle, confirming the hypothesis that Bitcoin’s risk/return structure has changed.”
New data shows stable altcoin speculation despite Bitcoin’s price drop, hinting at early signs of risk re-entry and a more mature altcoin cycle ahead.
Bitcoin fell to weekly lows at $101,300 as US equities and gold rallied ahead of the key vote to end the US government shutdown, signaling a shift in investor sentiment to traditional assets.
Ether neared a falling wedge breakout, eyeing a potential rally toward $4,400 by mid-December if the bullish setup is confirmed.
XRP analysts are still confident of a bullish continuation with targets from $10 to $30 for cycle tops, fuelled by multiple tailwinds.
Increasing stablecoin supply mirrors past liquidity patterns that preceded significant Bitcoin rallies. Will BTC price return to $124,000 soon?