Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin…
Tag: Darkfost
Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market
Recent on-chain data indicate the Binance exchange has registered a high volatility in stablecoin inflows in recent days. This observation can be linked to the general market’s choppiness during this period, driven by Bitcoin’s price movements. Pseudonymous reknown analyst Darkfost has shared some insights on this erratic flow in stablecoin flows and its potential implications.…
Bitcoin Open Interest Explodes Beyond 2025 All-Time High Levels
Bitcoin is seeing an explosive rise in Open Interest, with derivatives activity now surpassing peak session levels recorded during the 2025 all-time high. This explosive growth reflects rising trader participation and increased leverage that is often seen during periods of heightened anticipation for major price moves. As positions rise across futures and perpetual markets, the…
Ethereum Large-Holder Activity Drives Short-Term Consolidation, Instability — Details
The opening days in May have been accompanied by a rise in Ethereum on-chain activity. In a recent post on X, a pseudonymous analyst Darkfost dives into the intricacies of this activity and its impact on price. Binance Records Massive Ethereum Inflow According to Darkfost, the resurgence of activity on the Ethereum network corresponds with…
Bitcoin At A Transitional Phase? Bull Score Index Signals Uncertain Momentum
The Bitcoin market appears to be at a critical phase, as evidenced by data from a recent on-chain evaluation. According to this latest analysis, the Bitcoin price shows few signs of a clear directional trend, with uncertainty as the prevailing structure. Bull Score Index Within Neutral Territory In an X post on May 2, pseudonymous…
Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst
According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. 61% Of BTC Supply In Profit…
Bitcoin Retail Activity Hits 9-Year Low — Here’s Why
Amid the ongoing bear market, crypto analyst Darkfost reports that trading activity among Bitcoin retail investors has reached a new low, suggesting a notable decline in participation. However, broader on-chain data provides deeper context to this trend, pointing to a mix of both constructive and concerning underlying drivers. Decoding Puzzling Moves By Bitcoin Retail Traders…
Binance Users Register Record Gold Futures Trading Activity – What This Means
The Binance exchange has registered a surge in derivatives activity triggered by an ongoing pullback in gold’s price. The highly priced commodity and world’s largest asset has experienced a steady price decline since around February amid exacerbating geopolitical tensions and concerns about global inflation levels. Binance Users Show Heavy Interest In Gold Market In an…
Bitcoin Historical Data Suggests New ATH Is Years Away – Analyst
Prominent analyst Darkfost shares that Bitcoin remains a long time away from establishing a new all-time high (ATH), despite an ongoing market correction that has lasted over five months. The market expert also discusses the role of halving events following a major cyclical change. Bitcoin In Early Stages Of Bear Market – Analyst On October…
Bitcoin LTH Stay Calm Amid Volatile Market Swings – Details
Following its price crash in early February, Bitcoin continues to exhibit significant volatility, with prices fluctuating between $60,000 and $70,000. Last week, the leading cryptocurrency saw a sharp rebound towards the 74,000 price level, but was soon followed by a deep retracement to around $68,000. Amid this choppy price movement and lack of market direction,…