_E11even

From a technical standpoint, Bitcoin is showing some signs of overheating, but onchain data suggests otherwise.

• Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating.
• Funding rates and other metrics suggest a “healthy upward phase.”
Bitcoin’s [BTC $108,964] price recorded a new all-time high of $111,970  on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing.
Despite the correction, there are mixed signals about whether the price rally is overheated or whether this is a healthy pullback.

Bitcoin “still not overheated” — analyst

Bitcoin is not showing any signs of being overheated despite reaching new all-time highs this week, with several analysts pointing to fundamentals suggesting Bitcoin could rise further.
“Overheating indicators such as the funding rate and short-term capital inflow remain low compared to previous peaks, and profit-taking by short-term investors is limited,” said CryptoQuant analyst Crypto Dan in a May 22 Quicktake note. #BTCPrediction #TrumpTariffs

• On Friday we have seen Ethereum rally a bit, but we don’t seem to be able to really take off to the upside and therefore think you have got a situation where we will continue to try to work off some of the excess froth from the big move to the upside.
• The 200 Day EMA sits just below, so that could offer quite a bit of support, especially with the $2400 level sitting just below there.
• Ultimately, this is a market that I think will remain noisy, but I do think that we are trying to do everything we can to break out to the upside. The $2800 level is a bit of a ceiling, and an area where we have seen a lot of noise previously. If we can break above that, then Ethereum will really start to take off to the upside.
• At that point, we could go all the way back to the all-time highs over the next several months, but keep in mind that Ethereum needs a little bit of help from external pressures, mainly in the form of Bitcoin

•Buying Dip
Going forward, buying dips will. probably remain the key way to get involved in Ethereum, and it’s likely that short-term buyers are looking to get involved.

• Bitcoin whale inflows to Binance have declined as prices picked up, indicating reduced selling activity.
• Bitcoin's realized cap has grown by 3%, increasing by $30 billion in April, yet it remains below the highs reached in November and December.
• BTC long-term holder supply has seen a slight drop for the second time in May, indicating increased spending from this cohort.
Bitcoin (BTC) is trading around $103,600, down 0.5% on Wednesday amid a decline in the general crypto market. Bitcoin whale inflows to Binance have dropped, signaling a shift toward holding despite increased spending among long-term holders (LTH).
Bitcoin whales resume holding amid decline in LTH supply
Bitcoin inflows from whale addresses on crypto exchange Binance have experienced a consistent decline in the past month.
Whale inflows on the exchange were $5 billion in April, coinciding with the start of Bitcoin's price recovery. However, it plunged to $3 billion in May, reflecting a notable decrease in large-holder activity. The decline in whale inflows suggests a shift toward holding among this group. 

However, retail inflows increased from $12 billion to $15 billion over the same period, still below levels seen during previous market peaks.
The downtick in whale selling pressure aligns with the growth of Bitcoin's realized cap, which maintained a 3% monthly increase, adding $30 billion in April, according to data from Glassnode.

Show navigationFXStreet
 Michael Ebiekutan
FXStreet Follow
Bitcoin whales resume holding despite increased long-term holders' spending
Cryptos | 05/15/2025 00:10:48 GMT
• Bitcoin whale inflows to Binance have declined as prices picked up, indicating reduced selling activity.
• Bitcoin's realized cap has grown by 3%, increasing by $30 billion in April, yet it remains below the highs reached in November and December.
• BTC long-term holder supply has seen a slight drop for the second time in May, indicating increased spending from this cohort.
#BTC

بيتكوين تواجه رحلة متقلبة بين ظروف السيولة المتغيرة، مع ضغط الثيران أولاً، يتنبأ تحليل سعر BTC الجديد.
بيتكوين تهدد برحلة إلى أدنى مستويات النطاق على المدى الطويل قبل أن يتولى “الثور الكامل” حركة سعر BTC.
في أحدث تحليل له على X، الذي صدر في 10 أكتوبر، قال المحلل كول غارنر إنه يرى “استسلام قادم” لبيتكوين BTC$60,965.95 الأسواق.
سعر BTC “أدنى مستويات النطاق” لا يزال على الطاولة
بيتكوين لا تزال قادرة على الاستفادة من الاتجاهات العالمية للسيولة، لكن ما سيأتي أولاً قد يصدم المتداول العادي.

Bitcoin price extended its increase above the $63,500 zone. BTC even cleared the $64,200 resistance zone. However, the bears were active below $64,500. It traded as high as $64,419 and the price is now correcting gains. There was a move below the $64,000 and $63,500 levels. The price dipped below the 50% Fib retracement level of the upward move from the $61,723 swing low to the $64,41 high. Besides, there was a break below a connecting bullish trend line with support at $63,000 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $62,500 and the 100 hourly Simple moving average.

أصدرت الولايات المتحدة العديد من التقارير المتعلقة بالتوظيف على مدار الأسبوع. وأشار تقرير ADP إلى أن القطاع الخاص أضاف 143 ألف وظيفة جديدة في سبتمبر 2024. من ناحية أخرى، أظهر تقرير الرواتب غير الزراعية زيادة قدرها 254 ألف وظيفة جديدة. بالإضافة إلى ذلك، انخفض معدل البطالة إلى 4.1٪. وارتفع الدولار الأمريكي استجابة لذلك، ليغلق عند مستويات أسبوعية أعلى.
وفي الوقت نفسه، استقر الذهب (XAU) والفضة (XAG) طوال الأسبوع. وانخفض زوج AUD/USD بشكل حاد بسبب قوة الدولار الأمريكي. وستصدر الولايات المتحدة محاضر اجتماع اللجنة الفيدرالية للسوق المفتوحة يوم الأربعاء وبيانات مؤشر أسعار المستهلك لشهر سبتمبر يوم الخميس. بالإضافة إلى ذلك، ستصدر بيانات مؤشر أسعار المنتجين لشهر سبتمبر يوم الجمعة. ومن المتوقع أن تدفع أرقام التضخم هذه تحركات السوق للذهب والفضة وزوج AUD/USD. وعلى الرغم من قوة الدولار الأمريكي، يُظهر الذهب والفضة أنماط توحيد تشير إلى إعداد صعودي محتمل. ومن المرجح أن يتعزز هذا الإعداد الصعودي قبل إصدارات بيانات التضخم القادمة.