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Here's the Analysis of #CRV :
#CRV is been continues printing the lower lows and moving within the consoldiation range of Support zone of $0.20 - $0.22 and Major Resistance Area of $0.39 - $0.41. Price Action is not clear at the moment, so try to catch the range top and bottom and wait for the breakout.
What is URPD (UTXO Realized Price Distribution) ?
#URPD stands for UTXO Realized Price Distribution, to analyze the distribution of Bitcoin's realized prices based on the age of the UTXOs (Unspent Transaction Outputs) or in other words #UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created (i.e. each bar shows the amount of existing bitcoins that last moved within that specified price bucket). The price specified on the x-axis refers to the lower bound of that bucket.
The UTXO Realized Price Distribution helps to understand the average cost basis of Bitcoin holders based on when they acquired their coins. It divides the UTXOs into different age groups, such as those acquired within the last 30 days, 90 days, 180 days, and so on, and calculates the average price at which those coins were last moved.
This metric provides insights into the behavior of long-term holders (HODLers) and short-term traders. It allows analysts to determine the levels at which different cohorts of Bitcoin holders may be willing to sell their coins, as well as the potential price levels at which they acquired their holdings.
By analyzing the URPD, one can gain a deeper understanding of the distribution of Bitcoin's realized prices across various time frames and identify potential price points where significant buying or selling pressure may emerge.
#URPD metric, segregated for Long and Short-Term Holders. Here, we can see that over +480k BTC was acquired above the current spot price and is now classified as LTH supply 🟦.
This also means these LTH coins are now held at an unrealized loss.
#BTC had a short-term pullback and reached near towards the major resistance area and kinda rejecting. Structure now turned bullish at the moment and need to see a break and close of the resistance.
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The Bitcoin supply held in the 3-6 month age band has seen a surge in loss-taking since July, with the capitulation's magnitude resembling past market inflection points. However, the remaining supply in this age band is nearing Long-Term Holder status, indicating decreasing sell pressure and a potential market turning point.
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#BTC made a weekly closing with a good large wick and body too. Price printed a lower low as expected and broke the channel pattern. In LTF, price forming a bear flag which could potentially lead the price lower.
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Net realized profit/loss is currently at a value of +$15M/day, a far cry from the $3.6B/day of capital inflow experienced as the market set the $73k ATH in March. Typically, this metric returns to a neutral level near inflection points such as a continuation of the trend or a reversal back into a macro scale bearish trend.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, played perfectly, getting rejected from the resistance area and nearly got into the support zone as well. Price still looks bearish, ad expect a drop lower towards the area around $51,200. Closing will give more clarity in of the next week market.
What Is Sealevel and How Does It Enable Parallel Processing in SVM?
Now here's where things get really interesting! SVM’s secret weapon is called Sealevel. Never heard of it? Let's shed some light.
Sealevel is like a turbocharger for transaction processing. It enables SVM to execute multiple transactions at the same time in parallel.
Most networks can only process one transaction at a time, but Sealevel cracks the code on parallel processing. It identifies which transactions can run simultaneously without conflict.
This means if two transactions aren't accessing the same data, Sealevel can handle them at the same time across the validators' multi-core processors.
How Are Smart Contracts Deployed and Executed on the Solana Virtual Machine?
Alright, enough tech jargon. Let's get practical. Say you just developed an amazing Solana smart contract. How does it actually run on SVM?
When you deploy that smart contract, it publishes the code to all the validators across the network. Each one receives a copy.
The contract then starts executing. Whenever it needs to alter Solana's state, like transferring tokens, it communicates those instructions to the Solana runtime.
The runtime passes those requests along to all the individual SVMs, which then interpret and execute the instructions to actually update Solana's state.
#NULS had a good channel break and moved around 11% in profits. Price now dropping lower with the market movement and reaching the support zone $0.32. No rush for long as price need to see some sort of break in market structure.
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Here's the Analysis of #LOKA :
#LOKA is been kept on rejecting the major resistance area of $0.20 - $0.21 and overall market is moving inside the downtrend channel pattern. Price entered the small consolidation range and might break the pattern. All eyes on breakouts and candle closure.
#TOTAL2 MARKETCAP UPDATE :
#TOTAL2 failed to gave a closing above the resistance area, and did fall, as a reaction, we already saw some short-term dump in the market. Index reached the support zone again, and should hold it else we can see more bleed in overall market.
Here's the Analysis of #APT :
#APT is been kept on rejecting from the Major Resistance Area of $7.24 - $7.29. Price now building a falling wedge pattern and like to get the break to the downside. Buys only after the upside and structural shift.
The MVRV Ratio, which measures investors' average unrealized profit, has recently tested its all-time average of 1.72. This level historically marks the transition between macro bull and bear market trends, with 51% of trading days closing above this mean. The current MVRV suggests investor profitability has reset to equilibrium, indicating that the excitement following the ETF launch has fully subsided. This equilibrium state could potentially signal a pivotal moment in market sentiment and future price direction.
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Here's the Analysis of #FLUX :
#FLUX made a huge Head and Shoulder Pattern and Now stuck between the major support and Resistance area around $$0.67 - $0.71 and $0.46 - $0.49. This is good 25% - 30% range, so take the advantage of it.
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#GOLD UPDATE :
#GOLD gave a stop hunt to the downside and tapped into the major support zone as expected. Price already reacted from the zone and still in range. Expecting is to gone through the new #ATH.
Here's the Analysis of #STRK :
#STRK moving towards the listing price and build of the support zone of $0.33 - $0.35 and Resistance Zone of $0.41 - $0.42. Price gave a shallow close above and expected an up move towards the next resistance area of $0.50 - $0.51.
#US30 UPDATE :
#US30 shifted it structure from bullish to bearish. Price now trying to reach out the next major support area around 40,000 and a potential bounce is expected.
Here's the Analysis of #RDNT :
#RDNT is been continuously printing the lower lows and made a fresh support at $0.059 - $0.062 and rejected from the resistance area of $0.089 - $0.093. Price formed a new range and there's nothing on the left, for major supports.
#DXY UPDATE :
#DXY also played perfectly, the level turned into a fakeout now and gave a drop lower near to the lower low. Price failed to print a new lower low and now we can expected a push up into 101% area.
Here's the Analysis of #LEVER :
#LEVER is been moving lower the major resistance area of $0.002 and formed a consolidation range. Price trying to gave a break below of the support and might give the shorting opportunities. Eyes on Daily and H4 Candle closes.
The Sell-Side Risk Ratio assesses market equilibrium by comparing spent coins to their cost basis. High values indicate large profits or losses on spent coins, suggesting market imbalance and often following high volatility. Low values show coins spent near break-even, indicating equilibrium and low volatility. Currently, the ratio is in the lower band, meaning most on-chain transactions are near acquisition prices. This state, like other metrics mentioned, typically precedes a period of increased market volatility. The current low ratio suggests the market may be poised for a significant shift in price action.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, Daily candle close below and we saw some sharp decline lower and reaching out $52,500 area. This can be a wick fill and looks at the market, its kinda go more lower just for liquidity run.
A similar story is echoed in the percentage of supply in profit metric, which provides a read on the global profitability of the supply.
Like the MVRV Ratio, this oscillator has returned to its long-standing mean value. Previous instances where a similar retest of this level occurred are visible in late 2016, throughout the choppy 2019 period and during the mid-2021 sell-off.
#BTC did broke the wedge pattern but already said, Major Resistance Standing strong enough. Price nearly filled out the bottom wick and can expected a sweep or lower low to form.
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What is #MVRV-Z Score ?
MVRV Z-Score is a bitcoin chart that uses blockchain analysis to identify periods where Bitcoin is extremely over or undervalued relative to its 'fair value'.
It uses three metrics:
1. Market Value (black line): The current price of Bitcoin multiplied by the number of coins in circulation. This is like market cap in traditional markets i.e. share price multiplied by number of shares.
2. Realised Value (blue line): Rather than taking the current price of Bitcoin, Realised Value takes the price of each Bitcoin when it was last moved i.e. the last time it was sent from one wallet to another wallet. It then adds up all those individual prices and takes an average of them. It then multiplies that average price by the total number of coins in circulation.
In doing so, it strips out the short term market sentiment that we have within the Market Value metric. It can therefore be seen as a more 'true' long term measure of Bitcoin value which Market Value moves above and below depending on the market sentiment at the time.
3. Z-score (orange line): A standard deviation test that pulls out the extremes in the data between market value and realised value.
How It Can Be Used
The MVRV Z-score has historically been very effective in identifying periods where market value is moving unusually high above realised value. These periods are highlighted by the z-score (orange line) entering the pink box and indicates the top of market cycles. It has been able to pick the market high of each cycle to within two weeks.
It also shows when market value is far below realised value, highlighted by z-score entering the green box. Buying Bitcoin during these periods has historically produced outsized returns.
Bitcoin Price Prediction Using This Tool
MVRV Z-Score bitcoin chart is useful for predicting Bitcoin price at the extremes of market conditions. It is able to forecast where Bitcoin price may need to pull back when MVRV Z-score enters the upper red band, and also when $BTC price may rally after spending time in the lower green band.
Historically it has picked major Bitcoin price highs to within 2 weeks.
#BTC attempted to move back to the resistance area getting rejected again. The zone is standing very strong, as long as price trading below it, we might see more dump in altcoins.
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Bitcoin's capital inflows have recently slowed, suggesting a balance between profit and loss-taking. This inactivity is unusual, with 89% of historical days seeing larger inflows outside of bear markets. Such quiet periods often precede increased volatility. Despite this, Bitcoin's Realized Cap remains at an all-time high of $619B, supported by a $217B net inflow since December 2022's $15k low. This combination of factors hints at potential market tension that could lead to significant price movements in the near future.
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