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 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
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 […]
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 […]
Uniswap has recorded its largest daily UNI burn under the UNIfication mechanism as Hayden Adams renewed his bullish view on DeFi and Ethereum. Hayden Adams, the creator of Uniswap, said on X that he is “extremely bullish on DeFi and…
A broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80. Market Bloodbath Drags Altcoin Cap Below $1 Trillion The mayhem that characterized the cryptocurrency market on Friday saw several high-cap altcoins log double-digit losses, resulting in the aggregate […]
