Bitcoin insights, price analysis, and market signals from Adler AM. Weekly context, on-chain data, and actionable BTC research for investors and traders.
The number of coins held by long-term holders has been falling for five straight weeks, but the 30-day pace of decline has dropped from 105.9K to 21.
Over the past 24 hours, bitcoin rose from $76.3K to $77.4K, and the balance of market buying and selling shifted in favor of buyers. Short positions account for
The market expects a Fed rate hike. We examine how the S&P 500 performed at the start of previous tightening cycles and what that history means for assessing
Bitcoin has entered a period of low volatility and compression. Aggressive selling dominated the market over the past two weeks, but the balance of buying and selling is now close
Selling pressure in the derivatives market increased over the past 24 hours, even as Bitcoin gained 0.4%. The discount on Coinbase persists, so the price increase has yet to
Since Aug 19, short-term holders have been transferring coins to exchanges, while their daily profitability metric has remained above break-even. Bitcoin rose sharply during this period, although it
Over the past two days, taker order pressure has shifted toward sellers, while the price has fallen from $79.9K to $78.7K. Open interest is rising as the price
After sentiment peaked at 88.11 in late August, the Unified Sentiment Index fell to 70.05 and remains in the extreme greed zone. Meanwhile, BTC is trading at $77.
After the short squeeze, Bitcoin's derivatives market did not recover its previous level of leverage: since August 21, price has remained higher while BTC-denominated open interest has
Outflows from miner wallets have increased significantly after several months of subdued activity. In late August, the MPI remained above zero for a third consecutive day for the first time
Over the past ten days, two profit-and-loss metrics have reversed in tandem as Bitcoin recovered to $78K. The 90-day realized profit-to-loss ratio returned above 1,
Two flow metrics improved in tandem during the second half of August. Net capital flows returned to positive territory for the first time in almost three months, while 30-day
