Ethereum is struggling below $1,700 as aggressive selling pressure defines the market structure and the recovery that once appeared to be building has now given back a significant portion of its gains. The price is at levels that are testing the resolve of holders who maintained positions through the earlier correction — and CryptoQuant data […]
The XRP monthly relative strength index has fallen to 41.64, the lowest reading the indicator has ever recorded for the token — lower even than the 43.75 it hit in March 2020, when XRP bottomed out at $0.11 during one of crypto’s worst bear markets. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy A Signal With A Caveat The current reading edges out that 2020 low, but it is not yet final. June is still open, and data shows that if XRP recovers to above $1.30 before the month ends, the RSI could close well above its current level, which would undercut the significance of the signal entirely. XRP market commentator Austin, who goes by that name in the XRP community, was the first to flag the RSI drop publicly. His initial chart showed the reading had fallen to 42.64 — itself a new all-time low at the time — as XRP slid to $1.18. Prices dropped further since then, pulling the RSI down to 41.62 at last check. The token is currently trading around $1.1
Ethereum is facing a breakdown below $1,700 as selling pressure and market uncertainty combine to test support levels that have not been visited since the depths of the previous correction. The price action is alarming — but CryptoOnchain data has applied a sophisticated analytical framework to the current market structure and arrived at a classification […]
The inflows suggest a potential shift in investor sentiment, indicating renewed interest and confidence in cryptocurrency ETFs.
The post Ethereum and Bitcoin spot ETFs snap lengthy outflow streaks with fresh inflows appeared first on Crypto Briefing.
Bitcoin is struggling as the price tests $62,000 as support — a level that would represent a significant extension of the correction from the cycle highs and a test of the structural foundation that bulls have been pointing to throughout the decline. The weakness is real and the selling pressure is persistent — and XWIN Research Japan has published an analysis that cuts through the competing macro narratives to identify what the on-chain data suggests is the actual driver of the current correction. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges The explanations circulating in the market range from geopolitical tensions to Federal Reserve policy to Strategy’s recent small Bitcoin sale. XWIN Research Japan’s CryptoQuant analysis suggests a simpler and more fundamental explanation: buyers disappeared. The engine that powered Bitcoin’s 2024 to 2025 rally was not leverage, not retail momentum, and not speculative excess. It was consistent and sus
The next altcoin season may not begin with Bitcoin dominance, ETF flows, or the usual rotation signals from Bitcoin and Ethereum. An interesting outlook is pointing somewhere less obvious: gold. The argument is that the precious metal’s next major move could decide whether the next crypto market bounce is real or just another trap that […]
Bitcoin’s recent pullback has significantly flipped the sentiment across the market, with many predicting a more sustained downward performance toward the $60,000 price mark. Following this sharp decline, more investors are now underwater as BTC’s holders’ profitability strongly declines. Bitcoin’s Sharp Decline Leaves More Holders Underwater Given its persistent downward trend over the past weeks, […]
Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place. In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent retest of its February lows as a largely expected development rather than a break from historical cycle behavior. He argued that Bitcoin’s rebound into May, when price approached the low-$80,000 range after a decline toward $60,000 in February, looked like a countertrend move inside a broader bear-market structure. “A cycle very rarely, and I mean less than 10%, probably more like 5%, will end very early and also on the first significant decline from the high,” Loukas said. “There’s always a retest. There’s generally always a lower low, at least one lower low, if not a second lower low.” Loukas said Bitcoin peaked in October and later broke below its 10-month moving average, which he treats
