CryptoQuant

A candlestick chart on a trading screen with a horizontal support line drawn across it, marking the level that decides the next move after the Federal Reserve hike

Day One After the Fed: $520M Left the ETFs While Whales Bought 200,000 ETH — and $76,700 Is the Line That Decides What Happens Next

Two prints landed on the same afternoon and they cannot both be right. $520 million walked out of US spot crypto ETFs on Sept 16. On that same day, wallets holding between 10,000 and 100,000 ETH bought roughly 200,000 ETH. One side of this market is leaving. The other is buying size into the exit. That is the entire setup. The ETF complex is a rent-a-coin wrapper that US desks rotate in and out of on a schedule. The wallets that moved 200,000 ETH are not on a schedule. And sitting right between them is a single price level that has nothing to do with either flow: $76,700. ...

Cryptocurrency trading chart on a dark screen with candlestick patterns as US markets wait on a Senate vote and an FOMC decision

Two Days to the 60-Vote Cliff, Three Days to the Fed: Why Bitcoin's Last Discount Window Is Open Right Now

Bitcoin is sitting near $77,000 on a Sunday tape with almost nobody left to sell to — and the two events that decide the next leg are already on the calendar. Two days to the Senate cloture vote on the CLARITY Act. Three days to the FOMC. Institutions are still buying. Long-term holders are still selling. That gap is the whole trade. This is the last stretch where the market is still handing out the discount, because after Tuesday and Wednesday, probability turns into price. ...

Bitcoin coins stacked in front of a rising cryptocurrency trading chart, symbolizing the breakout rally toward the $83,000 bull-market confirmation line

Bitcoin's $80K Breakout Just Hit Its First Test: CryptoQuant Says Bull Phase Has Begun — But $83K Is the Line in the Sand, and Whales Already Banked $1.2B

Anthony Pompliano was on Fox Business Monday telling America exactly what Bitcoin’s breakout means: “There’s a saying that Bitcoin has no top because the dollar has no bottom,” he said. “As long as they keep printing money, Bitcoin’s going to keep going up.” That is the exact setup playing out right now — and the on-chain data says the bull phase has already started. Here is what is happening, why $83,000 is the line in the sand, and why this week could be the moment the breakout gets confirmed. ...