Podcast Episodes
Back to SearchHolders' Realized Losses exceeded the 2022 peak by 19%
Episode 219
We compare the current bear market phase with the 2022 cycle through realized profit and loss.
2 months, 2 weeks ago
US Investors are buying Bitcoin again: ETFs have drawn $439M so far this week
Episode 218
The US spot market is emerging from a period of maximum pressure. The Coinbase discount has not disappeared, but it has narrowed significantly, while…
2 months, 2 weeks ago
Volatility Has Fallen 31% in July, Leverage Is Declining: Liquidation Cascade Risk Has Decreased
Episode 217
This brief examines what is happening inside the volatility compression. Low volatility is neutral on its own - its meaning depends on the direction …
2 months, 2 weeks ago
Stablecoins Have Been Leaving Exchanges for 35 Straight Days: Demand Is Absent
Episode 216
This brief examines the balance between supply and demand through exchange flows. As long as stablecoins continue to leave exchanges and Bitcoin does…
2 months, 2 weeks ago
New capital inflows near yearly lows, STHs continue selling at a loss
Episode 215
This brief examines how weak inflows of new capital coincide with short-term holders realizing losses. Young coins account for a minimal share of rea…
2 months, 2 weeks ago
Long-Term Holders Accumulated 371,000 BTC Over the Past 30 Days
Episode 214
Bitcoin LTH supply hit a record 16.34M BTC, with 371K absorbed in 30 days, while CDD 30D stays low at 313M. Scarcity is building, demand is not.
2 months, 3 weeks ago
Bullish Signal Strengthens as Indicator Agreement Reaches 79%
Episode 213
This brief explains how the local bearish regime shifted to a bullish one and why the current move appears confirmed.
2 months, 3 weeks ago
Bitcoin Gains 3% in 24 Hours on Fresh Demand
Episode 212
We examine what powered the daily move: aggressive market buying or the forced closing of short positions.
2 months, 3 weeks ago
Market Underwater: Adjusted NUPL Below Zero for Six Weeks
Episode 211
The market has remained in unrealized loss territory for six weeks. STH moved underwater first and were also the first to begin recovering, while the…
2 months, 3 weeks ago
Open Interest Falls 12% in 24 Hours: The Market Is Shedding Leverage
Episode 210
The price decline is accompanied by a sustained reduction in open interest and a weakening pressure index. At this point, it looks more like position…
2 months, 3 weeks ago