#Bitcoin US spot ETF flows have cooled after strong September inflows, with the latest sessions tipping into mild outflows. While overall accumulation remains intact, the slowdown suggests a pause in institutional demand.
🔗https://glassno.de/46R0YHr
🔗https://glassno.de/46R0YHr
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#Bitcoin has slipped below the 0.95 Cost Basis Quantile, a key risk band that often marks profit-taking zones.
Reclaiming it would signal renewed strength, but failure to do so risks a drift toward lower supports around $105k–$90k.
🔗https://glassno.de/3IE26F0
Reclaiming it would signal renewed strength, but failure to do so risks a drift toward lower supports around $105k–$90k.
🔗https://glassno.de/3IE26F0
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#Bitcoin Accumulation Trend Score has softened, with muted conviction from large cohorts despite elevated prices.
Lighter accumulation signals a more cautious bid, leaving the market vulnerable to supply overhang unless demand re-intensifies.
🔗https://glassno.de/4gGE7S9
Lighter accumulation signals a more cautious bid, leaving the market vulnerable to supply overhang unless demand re-intensifies.
🔗https://glassno.de/4gGE7S9
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The Week On-Chain 38, 2025
#Bitcoin shows exhaustion post-FOMC as LTHs realized 3.4M BTC in profit and ETF inflows slowed. With spot and futures weak, $111k STH cost basis is key support or risk downside.
Executive Summary
- Bitcoin Correction: Post-FOMC, price action reflects “buy the rumour, sell the news” with fading momentum.
- On-chain: Drawdown mild at 8%, but $678B inflows and 3.4M BTC in LTH profits show major capital rotation.
- ETFs vs LTHs: ETF inflows slowed as LTH distribution accelerated, leaving flows fragile.
- Spot & Futures: Spot volumes spiked, futures deleveraged, and liquidation clusters highlight liquidity risk.
- Options: Skew surged and puts bid, showing defensive positioning as macro signals exhaustion.
Read more in The Week On-Chain newsletter
#Bitcoin shows exhaustion post-FOMC as LTHs realized 3.4M BTC in profit and ETF inflows slowed. With spot and futures weak, $111k STH cost basis is key support or risk downside.
Executive Summary
- Bitcoin Correction: Post-FOMC, price action reflects “buy the rumour, sell the news” with fading momentum.
- On-chain: Drawdown mild at 8%, but $678B inflows and 3.4M BTC in LTH profits show major capital rotation.
- ETFs vs LTHs: ETF inflows slowed as LTH distribution accelerated, leaving flows fragile.
- Spot & Futures: Spot volumes spiked, futures deleveraged, and liquidation clusters highlight liquidity risk.
- Options: Skew surged and puts bid, showing defensive positioning as macro signals exhaustion.
Read more in The Week On-Chain newsletter
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#BTC Options Weekly
The largest options expiry on Deribit has reset positioning, with BTC settling at $109k vs. a $110k max pain. With expiries cleared, the market faces a clean slate. Monitoring OI, term structure, skew, vol spreads, and flows will be key to assessing sentiment
Read the full BTC Options Weekly here
The largest options expiry on Deribit has reset positioning, with BTC settling at $109k vs. a $110k max pain. With expiries cleared, the market faces a clean slate. Monitoring OI, term structure, skew, vol spreads, and flows will be key to assessing sentiment
Read the full BTC Options Weekly here
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Over the weekend, #Bitcoin Futures markets built up significant short exposure around $110k–$111k.
This morning’s move higher forced liquidations across these clusters, clearing positioning and adding momentum to the upside as the market reset.
🔗https://glassno.de/487iUyG
This morning’s move higher forced liquidations across these clusters, clearing positioning and adding momentum to the upside as the market reset.
🔗https://glassno.de/487iUyG
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#Bitcoin traded above the STH cost basis near $111k this week. Spot momentum softened as the 14D RSI eased, while stronger Spot CVD signaled reduced net selling pressure.
Read more in this week’s Market Pulse👇
https://glassno.de/3KMwVIg
Read more in this week’s Market Pulse👇
https://glassno.de/3KMwVIg
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#Bitcoin 1M 25-delta skew keeps climbing, with puts priced at a premium over calls. Traders are paying up for downside protection, reflecting near-term caution, while upside optionality looks cheaper with implied vols still near historic lows.
🔗https://glassno.de/4nnTxNT
🔗https://glassno.de/4nnTxNT
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#Bitcoin short-term holder RVT has compressed toward cycle lows, reflecting muted realized profits relative to network valuation. Historically, such resets often align with periods of market detox, helping build a foundation for more durable recoveries.
https://glassno.de/471jtJf
https://glassno.de/471jtJf
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Bitcoin dominance has rebounded from 57% to 59% alongside price strength near $114k.
This mean reversion suggests a healthier market structure, as $BTC-led rallies have historically proven more sustainable than those driven by altcoins.
🔗https://glassno.de/4o2XebP
This mean reversion suggests a healthier market structure, as $BTC-led rallies have historically proven more sustainable than those driven by altcoins.
🔗https://glassno.de/4o2XebP
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#Bitcoin US Spot ETFs recorded persistent outflows in late September, exceeding 16k BTC over a two-week stretch.
Flows have since reversed, with 3.2k BTC of inflows on Sept 30, highlighting a potential shift in sentiment.
🔗https://glassno.de/4nRAvPC
Flows have since reversed, with 3.2k BTC of inflows on Sept 30, highlighting a potential shift in sentiment.
🔗https://glassno.de/4nRAvPC
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