Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
Liquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57,000.
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α Weekly Research
Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
Liquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57,000.
Alts signal hits new low, hinting at a potential altcoin rally
As altcoin performance diverges from Bitcoin and Ethereum, the alts signal hints at a potential delayed rally.
α Top Insights
Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level
From gold to Bitcoin: ETFs excel while miners falter post-launch
More α Research
Small Bitcoin holders are accumulating even as prices fall
Small holders display increasing confidence by purchasing more BTC during the ongoing price dip, contrasting with larger entities' mixed balance changes.
Polygon leads in EVM efficiency as DeFi users favor low transaction costs
DeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees.
High Bitcoin fees push active addresses down to 3-year low
A surge in Bitcoin fees post-halving challenges its role in everyday transactions.
It’s really true that Bitcoin is mirroring other cycles.
It is worthy of note that in examining Bitcoin's halving cycles, we observe recurring patterns of surges followed by corrections, mirroring previous cycles' trajectories.
While past data offers insights, each cycle unfolds uniquely, influenced by evolving market dynamics and adoption trends while historical patterns provide valuable context, predicting Bitcoin's exact trajectory requires a nuanced understanding of current market conditions and broader macroeconomic factors.