$BTC C ETF outflows surged to $713M last week, a 300%+ jump from the week before as U.S.– China trade tensions intensified.
BlackRock’s IBIT saw the largest outflow at $342M, followed by Grayscale and Fidelity. The steady pullback reflects rising investor caution, even as #Bitcoin price remains relatively stable.
If you’re holding $TRUMP , this is a must-read tweet 🚨
The memecoin launched by President Trump on Jan 18 is about to face its first major token unlock on April 18.
What’s happening? • 40 million new tokens (worth $323M) will hit the market • That’s 20% of the current circulating supply
The damage so far: • $TRUMP is already down 89% since launch • Roughly $2B in investor losses • Unique holders have dropped from 817K to 637K • Only 12K wallets now hold over $1,000 worth of tokens (vs. 143K on Jan 19)
Token unlocks typically bring bearish pressure as supply increases — but beware: whales can manipulate and pump.
Bitcoin's rallies have generally been fast with longer drawn out corrections in between.
The current correction from top to now is taking about 2.5 months but is already in line with the same percentage loss as the 2024 correction. Both previous corrections took about 5 months total.
It's clear that worldwide markets are yet again in a very unique situation which can accelerate or turn things around very quickly.
So stay disciplined and focus on the higher timeframe to not get chopped
$ETH Retested its March 2023 lows and bounced back above the October 2023 lows right before the big rally.
I marked the interesting horizontal levels on the chart. I think your best bet is to just trade these level by level.
The horizontals have been getting respected well but on each subsequent dump we've seen new lows and it then finding support again at the next horizontal.
The moment price starts retaking some of these horizontals is when we can get excited about a potential larger reversal.
For now it's just been bearish retests every time without a proper break back above.
In the short term, eyes on: $1370, $1520 & $1755 (roughly).
$XRP is showing signs of consolidation after recent volatility, with price action coiling within a narrowing range. The asset is currently testing critical support around $1.97, with weakening momentum suggested by the declining RSI and negative MACD crossover.
Market Structure Analysis: Strong volume profile ($3.85B) indicates healthy market participation, though the volume ratio below 1.0 suggests slight deterioration in buying pressure. The ADX reading of 59.3 confirms a strong trend, but the DMI spread (9.5/37.3) points to potential trend exhaustion.
Technical Outlook: The RSI at 34.96 is approaching oversold territory, potentially setting up a bounce. However, the MACD crossing below signal line (-0.11160963) warrants caution. Bollinger Band width at 19.84% suggests decreasing volatility, often preceding a significant move.
Trade Setup: Primary support zone at $1.92 is crucial - a bounce here could target R1 at $2.04. However, a break below could accelerate selling to $ For longs, the $2.10 resistance serves as target, with tight stops below $1.86.
Action Plan: Consider entries near $1.92 support with tight stops. Conservative traders might wait for confirmation above $2.04 before entering longs. Risk management is crucial given the mixed signals - suggest position sizing at 2-3% of capital.
A Watch for: - Break below $1.86 invalidating bullish setup - Volume spike above $4B confirming trend direction - RSI divergence near support levels Remember: Current risk metrics suggest moderate caution - focus on confirmation before large positions.
$BTC There's the breakdown into the "Danger zone" retracing most of yesterday's candle. This was a pretty real risk as I already laid out in the previous tweet and in my Telegram.
For now just staying sidelined on new trades and waiting for clear moves to show themselves. We had the big trade up and down now and I think from here on out it will get very choppy for a while as both bulls & bears lick their wounds.
There's not as much of a headline risk to get things going in the short term either. So sitting on hands until we get some clarity.
$73.5K below and $89K+ above are the main high timeframe levels to watch.
@Binance has announced @WalletConnect as the 67th project on Binance Launchpool — an open-source protocol that connects users securely to decentralized apps across chains.
- Farming Period: April 11, 2025 (00:00 UTC) – April 15, 2025 - How to Participate: Lock $BNB, $FDUSD, or $USDC to farm $WCT - $WCT Listing: April 15, 2025 at 11:00 UTC
$BTC vs $SPX Still the chart to watch here. This filters out all the equities weakness "noise".
The BTC/SPX ratio held its 2024 highs and Daily 200MA/EMA nicely during all the volatility.
Once equities find some sort of bottom and/or some uncertainty gets removed out of the market, I'd expect this ratio to climb higher.
Especially with bond markets showing cracks and the Bank of Japan (emergency) meeting today. Once you see signs of QE/YCC that's your cue to watch very closely in my opinion.
Don't think the Fed is likely to step in just yet but if the pain in the bond market get worse they might. That's why it's good to watch the BOJ as potential first steps. #BinanceHODLerBABY #STAYSAFU #BinanceAlphaAlert