Bitcoin Stuck Below $79K as Shorts Pile Up, Glassnode Warns
Glassnode's Week On-Chain flags heavy net-short futures positioning and a rejection at the True Market Mean — but easing spot selling leaves squeeze risk live in a range-bound tape.
Live BTC, ETH, and altcoin price moves, support and resistance levels, breakouts, and chart patterns.
Glassnode's Week On-Chain flags heavy net-short futures positioning and a rejection at the True Market Mean — but easing spot selling leaves squeeze risk live in a range-bound tape.
Active-investor mean of $85K, STH cost basis at $78.9K and the True Market Mean of $78K all price $BTC above the current spot, framing holders as underwater on aggregate.
The 2-3 year cohort — wallets that accumulated through the 2022 bear and pre-ETF — is realizing 60-100% gains at $80K. Selling into strength is a known phase, but the pace is the new variable.
The pullback is shallow so far — the market is testing whether the $80K breakout can hold or whether the late-October push was a liquidation squeeze that's now mean-reverting.
The print matches April 2025's gain — a setup traders now watch for repetition, with a similar return this year framing the seasonal tape into May.
Ten tokens printed double- and triple-digit April gains led by SKY at +549%, with LUNC reviving and ZEC quietly outpacing the majors on a percentage basis.
Two consecutive up months and a staking rate above 30% are the structural read — May's historical +28–31% average is the seasonal overlay the trade is now leaning into.
Six of the week’s twenty most-searched tokens launched in the last week of April, and the leaders are paying off: SKYAI, LAB, and BIO all tripled in seven days.
The breakout rode a record high in the MSCI AC Asia Index, a Fear & Greed reading still stuck at 40, and a USDT flow into Binance that traders read as fresh dry powder.
The OpenAI Foundation CFO appointment is the headline grab, but the substantive beat is Evernorth's 473M-XRP treasury and Ripple's 126.79M anchor commitment ahead of a Q2 2026 SPAC debut under ticker…
Circle and Coinbase led a broad rally in crypto-linked equities as the Clarity Act moved forward in Washington, with…
Targets of $95K–$100K BTC, $3K–$4K ETH, and $1.70 XRP are framed against real spot levels, with ETF inflows, staking narratives, and a cup-and-handle XRP setup as the triggers.
The 2Y-3Y cohort — buyers who accumulated ahead of the spot ETF launch — is the same group now feeding the rally's liquidity, raising the bar for a sustained push through $80K.
Bitcoin has pushed back above the $80,000 mark, reclaiming a psychologically significant level after trading below it…
The breakout above multi-session resistance lifted DOGE to $0.111 on the back of BTC crossing $80K, but the trade is crowded: RSI is stretching and the next wall at $0.114 is already in sight.
The pullback from the $80K region is the first real test of whether this rally has structural buyers or was positioning-driven — mid-$78K is now the line that separates consolidation from trend…
Bittensor's TAO added 4.1% over the weekend, standing out as one of the stronger movers in the CoinDesk 20 index during…
A 0.038 30-day Binance liquidity index — the thinnest book since 2020 — combined with the first weekly ETF outflow in three weeks turns a routine range trade into a binary setup with a near-20%…
The bounce is real, but the catalyst is Korean and Taiwanese chip stocks plus $629.8M of ETF flows, not a crypto-native bid. That changes what the next $83K test actually means.
Spot CVD jumped 199% the week before the breakout — buyers were positioning into the move, not chasing it; the geopolitical catalyst accelerated an already-building structural bid.