A lot of text, average hamsters pass by as it is not possible for them to cope with so much.

As always, at the beginning of the week we summarize and analyze the crypto market.

Part 1

🕒 Last week I expected bitcoin to continue local growth with targets 90-92K and further growth was questionable due to strong supply. The scenario was realized and the targets were reached.

On ether the important zone of 1.75K, breakdown of which will give the way up, the breakdown occurred and the price became sideways over the past resistance, which has now turned into a support zone.

Liquidation Map:

We need to understand important liquidation zones where there could be acceleration in price movement.

BTC bottom 90.6K and top 97.5K strong Long skew, which I don't like.

ETH bottom 1.5K and top 1.9K

💼 ETF Market:

Funds showed strong inflows into assets, especially bitcoin.

Total for the period April 21-25, 2025:

* Bitcoin Spot ETF: +$3 billion USD

* Ethereum Spot ETF: +157 million USD

⛓️ Onchain Metrics:

The bitcoin and ether network saw a strong withdrawal of bitcoin from CEX exchanges, which could indicate a position set. The leverage ratio reached a 2-year high, indicating increased risk-taking by market participants, especially for etherium.

Open interest in derivatives is showing a rebound, but not that much.

🌐 Macroeconomics:

The current week is very important for the markets as it could significantly affect the probabilities of rate cuts and other measures by the Fed's financial regulator.

The tariff wars between China and the US that are ongoing are making capital nervous and buying up defensive assets. Most likely this trend will continue and risk assets will remain under pressure in the coming weeks. $BTC $ETH