Morning star The morning star candlestick pattern is considered a sign of hope in a bleak market downtrend. It is a three-candlestick pattern: one short-bodied candle between a long red and a long green candle. Traditionally, the ‘star’ will have no overlap with the longer bodies, as the market gaps both on open and close. #charts#TradingTools101
🇭🇰 Hong Kong Plans to Allow Trading in Crypto Derivatives (original)
The Hong Kong Securities and Futures Commission (SFC) intends to allow professional investors to trade cryptocurrency derivatives.#CryptoRoundTableRemarks
The number of tokens held by the top 100 has increased by 9% in the last 30 days. On the other hand, exchange supply has also increased since May 25, indicating that low balance addresses are taking profits/exiting.
By price action, the price has indeed corrected since mid-May, but the top 100 continues to accumulate, so it is likely just a short-term correction. The chart pattern shows a bullish falling wedge continuation pattern; if this pattern succeeds, we can expect it to continue bullish.#CryptoCharts101
$DOGE is showing a strong double bottom formation with clear bullish follow-through from the $0.17–$0.18 support zone. Price broke above previous resistance and now eyeing higher levels. 🐶🚀
📍 Key Levels:
🟢 $0.20302 – breakout zone
🎯 Target 1: $0.23355
🎯 Target 2: $0.26690
Holding above $0.19 keeps this setup valid — continuation looks likely with rising momentum.
According to the data, the Bitcoin bull market has mostly been spent waiting:
🟠For more than two years of growth, Bitcoin only experienced significant increases for six months, with major price movements occurring in just one month 🟠96% of the bull market has been spent waiting, while only 4% includes actual growth 🟠This cycle shows that almost all price spikes occur in short and sharp bursts 🟠Without these spikes, the Bitcoin chart would appear almost completely flat 🟠While the total range time is 1.66 years, the total time of expansion bursts is only 32 days
Singapore tightens regulations to eliminate most unlicensed blockchain entities.
Currently, the Monetary Authority of Singapore (MAS) has granted 33 Major Payment Institution (MPI) licenses to companies such as Coinbase, Circle, Anchorage, DBS Vickers, FOMO Pay, OKX, HashKey, and Upbit.
Institutional ownership of Bitcoin ETFs fell 23% in the first quarter of 2025 to $21.2 billion, marking the first quarterly decline since the launch of US spot ETFs.
This decline was primarily driven by the depreciation of Bitcoin prices, although some investors actively reduced their positions, while corporate treasuries continued to increase their BTC holdings.
According to data, large companies in the US are increasingly involved in the crypto world:
🟠60% of Fortune 500 companies are actively developing blockchain projects 🟠Nearly 1 in 5 companies view on-chain initiatives as part of a long-term strategy 🟠More than 80% of institutional investors plan to increase their crypto exposure by 2025 🟠80% of small and medium enterprises view crypto as a solution to financial problems 🟠46% of companies plan to adopt blockchain technology in the next 3 years 🟠Public companies are increasingly interested in stablecoins and crypto payments
The SEC is expected to approve altcoin ETFs by the end of this year, with Solana likely to be the first—in the next 3–5 weeks.
Estimated approval chances:
🟠ETF for LTC — 90% 🟠ETF for SOL — 90% 🟠ETF for XRP — 85% 🟠ETF for DOGE — 80% 🟠ETF for ADA — 75% 🟠ETF for DOT — 75% 🟠ETF for HBAR — 80% 🟠ETF for AVAX — 75% 🟠ETF for SUI — 60%
For the last three weeks $BTC has been moving inside an ascending channel. Finally, the price goes down and retests the channel support.
This is either fakeout, either bearish retest. The outcome is crucial: if this is a true bull market, Bitcoin will get back into the channel and continue the pump. Otherwise we'll get some form of consolidation.$BTC
The Central Bank of Russia reports a surge in cryptocurrency trading activity: total digital asset flows reached 7.3 trillion rubles ($81.5 billion) in Q1, up 51.1%.
Estimated ownership on exchanges reached 827 billion rubles ($9.2 billion), consisting of 62.1% in Bitcoin, 22% in Ethereum, and 15.9% in stablecoins.
"Trend Accumulation Score by Cohort" from Glassnode, which shows the accumulation behavior of Bitcoin by various groups of owners (cohort) based on the amount of BTC they hold. This is a very useful on-chain analysis tool to understand how large and small entities behave towards Bitcoin over a specific period of time.
Explanation of the Sections of the Image:
1. Heatmap (top section):
Left vertical axis: Divided based on the amount of BTC held:
<1, 1-10, 10-100, 100-1k, 1k-10k, and >10k BTC.
Color:
Red/Orange: High accumulation (entities buying more BTC).
Blue: Distribution (entities selling or reducing holdings).
White/Light Yellow: Neutral or low activity.
Horizontal axis: Time (from August 2024 to May 2025).
2. Price chart (bottom section):
Displays BTC price from the same time period.
This is used to see the relationship between accumulation behavior and price movements.
How to Read It:
For example, in February–March 2025, dark red dominated many cohorts (especially 10-100 BTC, 100-1k BTC), meaning this group was aggressively accumulating BTC while the price was correcting.
Conversely, the dark blue areas indicate distribution, usually occurring after a significant price increase—such as in November 2024.
General Conclusion:
This data helps understand investor sentiment and behavior based on wallet size.
Accumulation by large cohorts (like >1k BTC) can indicate market confidence and potential bullish movements.
Distribution by large cohorts can be a warning signal or profit-taking.