STH Realized Profit has recently surged to nearly +3 standard deviations above its 90-day average, showing notable profit realization. However, historical data from previous cycles shows this metric typically reaches +5 standard deviations or higher during ATH rallies, suggesting much stronger profit-taking pressure is usually needed to overwhelm demand inflows.
Price has broken out of the downtrend channel and has retested the line multiple times. A break below $2.30 would be bearish, so it is advisable to use a stop loss for long positions.
The market is showing choppy movement, and the price signals are mixed due to low volume. We can expect similar movement today, but high volatility may occur next week. It is advisable not to engage in high-leverage trading and to use stop-loss orders for all positions.
BONK is gradually approaching the support area. Let's see how the price reacts there. A break below this support area would be bearish and indicate a continuation of the downward movement. Use a tight stop loss when opening long positions.
Bitcoin dominance continues to rise, showing no signs of weakness yet. There is an upward trend channel, and the price needs to break downward to change this trend. This is why altcoins are struggling, with only a slight recovery expected after the upcoming FED meeting.
According to Glassnode, the number of addresses holding 10,000+ XRP has just surged past 300,000 — a strong signal of growing confidence and accumulation among larger holders.
This uptick suggests that big players are positioning themselves for a potential upside, possibly anticipating major moves or upcoming catalysts in the XRP ecosystem.