According to ChainNews' latest report on May 1st by COINOTAG News, a market participant identified as a "whale" has shorted Ethereum (ETH). This investor shorted 10,000 ETH at an average valuation of $1,791, resulting in an estimated floating loss of $510,000. Moreover, within just one hour, this investor shorted another 4,000 ETH, increasing their exposure. Against the backdrop of continued volatility in the cryptocurrency space, this strategic move has raised concerns about market sentiment and its potential impact on ETH prices.
Whales Accumulate 43,100 Bitcoins in Two Weeks—Is a Major Move Coming?
Bitcoin has risen 28% from its April low, continuing to trade around $95,000, showing new strength. After weeks of steady gains, bulls have firmly taken control of the market, but momentum is starting to slow. The current price action indicates some fatigue has emerged in the market, which is now waiting for a clear breakthrough or crash to determine the next trend. Global tensions, especially surrounding ongoing trade conflicts and macroeconomic instability, continue to affect market sentiment. Investors are acting cautiously, and the lack of a decisive movement beyond $100,000 is causing market unease. Nevertheless, there are signs that market confidence is still strengthening.
On April 30, the cryptocurrency exchange Gate.io experienced dramatic market fluctuations, with the ALPACA perpetual contract price plummeting over 50% in just ten minutes, reaching a low of $0.4337. This sudden flash crash raised concerns among traders closely monitoring the market. Currently, the ALPACA contract has gradually rebounded, with a price of $0.7476. In contrast, the spot price of ALPACA on the same platform is $1.20. Observations indicate that there are price discrepancies across different exchanges, with Binance reporting the ALPACA perpetual contract price at approximately $1.13, while the spot price hovers around $1.06. This discrepancy underscores the importance of real-time data and effective risk management strategies for investors seeking direction in the turbulent cryptocurrency market.
Bitcoin BTC may continue to rise driven by accumulation and trading flow indicators!
Bitcoin (BTC) continues to show resilience, with prices rising slowly and steadily as recent accumulation indicators reflect confidence in the current market rebound.
Recent trends suggest that despite market volatility, traders are still holding their positions, highlighting a shift in investor sentiment towards long-term investment.
CryptoQuant analyst Darkfost points out that the profit supply of Bitcoin has significantly increased, suggesting a potential bullish phase in the future.
The accumulation of Bitcoin indicates that despite recent price volatility, there is confidence in its continued rise; experts emphasize that strong market indicators support long-term growth.
BlockBeats News, on April 30, reported by Bitcoin Magazine, Trump Crypto Council Executive Director Bo Hines stated that countries are engaging in a Bitcoin hoarding competition similar to a "space race." We view Bitcoin as digital gold.
According to COINOTAG News on April 29, co-founder of Material Indicators, Keith Alan, emphasized that Bitcoin will face significant challenges when it recovers in early 2025. The key price level of approximately $93,500 is an important indicator for future market trends. After slightly falling below this threshold at the weekly close, Alan expressed concerns about potential increased volatility in the short term. However, he pointed out that successfully retesting this support level could have a positive impact on Bitcoin's price. Alan emphasized the necessity of maintaining the stability of the 21-week simple moving average (SMA) and highlighted the importance of the current price area as a key focus for traders and investors. Understanding these technical details is crucial for effectively navigating the cryptocurrency space.
Cardano Price Analysis: Is ADA on Track for a 100% Recovery?
Cardano (ADA) prices have been consolidating around $0.70 per token in recent days but have remained above key support levels, indicating the potential for further upward movement. ADA has recently been seeking support, falling back to around $0.6750 at the 50DMA, and broke through this level during a broader rebound in the cryptocurrency market last week.
According to CoinMarketCap data, Cardano's market capitalization is currently around $24.7 billion. This sends an important signal regarding the recent market outlook — breaking through the 50-day moving average indicates that the bearish trend from late March/April has been broken.
lockBeats message, April 29, according to Farside Investors data, as of the time of writing, yesterday's US Bitcoin spot ETFs: Fidelity FBTC net outflow of $86.9 million; BITB net outflow of $21.1 million; ARKB net outflow of $226.3 million; HODL net outflow of $2.7 million; Grayscale GBTC net outflow of $42.7 million. Yesterday's US Ethereum spot ETF: ETHW net outflow of $3.4 million.
According to a COINOTAG news report on April 28, 10x Research released a detailed analysis report on the current trend of Bitcoin. The report points out that the resistance level of $94,000-$95,000 may continue to exert pressure on Bitcoin's upward trajectory in the short term. Notably, two key reversal indicators have turned bearish, while the stochastic indicator has soared to an astonishing 95%, highlighting potential short-term downside risks. However, industry analysts interpret this situation as a brief consolidation phase, expecting Bitcoin to soon break through the significant $100,000 mark. Investors are advised to closely monitor these technical indicators as they can provide insights into Bitcoin's next moves and the overall dynamics of the cryptocurrency market.
Greed and Optimism Drive Bitcoin Near $95,700, Breakthrough to $100,000 Depends on Key Support Levels
Driven by extreme greed and highly optimistic social media sentiment, Bitcoin's price is approaching $95,700. The profit/loss ratio is close to 1.0, indicating the potential for sustained growth but also the risk of profit-taking. Breaking through $95,761 could drive Bitcoin up to $100,000, but if it fails to hold the support level of $93,625, it may drop to $89,800. With social media sentiment soaring and Bitcoin rising, it is expected to break through $95,700, balancing the risk of profit-taking. Bitcoin investors are very greedy Market sentiment around Bitcoin remains extremely optimistic, with investors showing high optimism for further price increases. Social media posts indicate a sharp rise in bullish sentiment, with the number of optimistic (rather than bearish) posts reaching the highest level since Donald Trump's election on November 5, 2024. This surge in positive sentiment suggests that many investors are ready to capitalize on Bitcoin's potential growth opportunities, further driving its rise.
BlockBeats news, on April 28, according to on-chain data analyst @ai_9684xtpa, the Lorenzo Protocol associated address deposited a total of 560 BTC to Binance and OKX 9 hours ago, which would yield a profit of 11.86 million dollars if sold. This portion of BTC was withdrawn from CEX at an average price of 72,835 dollars between October 15, 2024, and November 29, 2024, and during last year's BTC price ATH, the unrealized profit reached as high as 18.65 million dollars.
Solana's Potential Breakthrough: Whale Activity and Sentiment Point to Key Resistance Level of $153.65!
Driven by strategic whale activity and heightened positive sentiment, Solana is experiencing upward momentum. Increased whale activity indicates potential price movements, reflecting enhanced retail interest. Recent developments have enhanced bullish sentiment, especially as Solana focuses on the resistance level of $153.65. Recent whale trends and strong development in Solana have laid the groundwork for a possible breakout at $153.65, amplifying investor interest. Surge in sentiment: Are retail and smart money in agreement? Despite the volatility of trends, Solana's sentiment remains active, with a weighted reading of -0.47 as of April 26, 2025. Retail optimism continues, with a crowd sentiment score of 1.81, while the more cautious smart money sentiment stands at 0.88.
BlockBeats News, on April 27, according to DefiLlama data, the TVL of the Sui network has surpassed 1.7 billion USD, currently reported at 1.735 billion USD, with an increase of over 41% in the past week. In addition, the trading volume of the Sui network DEX has reached 3.592 billion USD in the past week, an increase of 67.7% compared to last week. #币圈
Bitcoin and XRP Surge, While Ethereum and Dogecoin Struggle: What’s Behind the Latest Trends in Cryptocurrency?
The cryptocurrency market has regained momentum after a prolonged downtrend, with its valuation reaching $2.96 trillion at the time of writing. Notably, this market cap is only $40 billion lower than the previous peak of $3 trillion. Cryptocurrency assets like Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], and Dogecoin [DOGE] continue to dominate the market and contribute to its growth. However, Grayscale, the institutional investment platform targeting traditional financial investors, revealed that only a few of these top assets have turned a profit. Could this be the moment for smart money to rewrite the script?
BlockBeats News, on April 27, according to Lookonchain monitoring, a savvy trader exchanged all 1.18 million Fartcoins (1.22 million USD) positions for 78,671 TRUMP 18 hours ago.
The trader made 5 swing trades on Fartcoin, each profitable, with a win rate of 100%, totaling a profit of 669,000 USD.
Stellar (XLM) is currently experiencing strong bullish momentum, with its RSI exceeding 70 as clear evidence, while ADX indicates that the market is forming a strong trend. XLM is approaching the key resistance level of $0.30, but traders should be cautious of potential short-term pullbacks due to overbought conditions. The support level at $0.279 is still crucial for maintaining this upward trend; if this level fails to hold, a significant pullback may occur. With overbought signals appearing, Stellar (XLM) has risen nearly 19% in a week, approaching key resistance levels; traders are watching the critical support level at $0.279.
According to the latest report from COINOTAG on April 26, analysts at CryptoQuant have found a significant increase in on-chain demand for Bitcoin. Data shows that purchasing activity has strongly rebounded, indicating that the interest of investors who were previously dormant in the market is now reawakening. Prior to this, net flows had once dropped to severely negative levels, specifically below -200,000 BTC. Therefore, the capital that was on the sidelines seems to be re-entering the cryptocurrency market, suggesting a shift in sentiment among traders and institutional investors. The revival of purchasing interest could be a key indicator of potential market stability, as participants look to take advantage of favorable pricing dynamics.
Record $236 billion in stablecoin accumulation—will this push BTC to $100,000?
According to DefiLlama data, the total supply of stablecoins increased by $2.135 billion in the past week, reaching a record supply of $236.6 billion. The sustained inflow of stablecoins indicates rising liquidity, which can be seen as dry powder ready to enter risk assets like Bitcoin [BTC] and altcoins. Historically, increases in stablecoin supply often precede market rebounds, as they reflect enhanced purchasing power for altcoins and BTC.
Bitcoin rose 10%, with bullish momentum continuing. Driven by a strong rebound from key technical support zones, Bitcoin surged 10% in the past week to $93,000.