Adam Forsyth

Will ETH Break Out or Plunge to $1.8K Next?

Ethereum’s price action continues to reflect a market in equilibrium, where neither buyers nor sellers have established decisive control. Following the sharp corrective phase earlier in the year, ETH has transitioned into a broad consolidation structure, with volatility compressing as the market searches for direction. Ethereum Price Analysis: The Daily Chart On the daily timeframe,…

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Bitcoin bottom or bull trap? Whales and bears disagree

Bitcoin is showing mixed signals as on-chain data points in two different directions.  Summary CryptoQuant said record Bitcoin inflows to accumulation addresses showed whales were quietly building positions daily. XWIN Research Japan said STH-SOPR near one showed short-term holders were selling at losses. Negative Coinbase Premium showed weak US demand, keeping Bitcoin bottom confirmation out…

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Derivatives Now Driving 90% of Crypto Exchange Volume

New findings by CoinMarketCap indicate that derivatives markets are now the primary driver of trading volume across leading crypto exchanges. Cryptocurrency exchange activity continues to be heavily concentrated and largely driven by derivatives trading, according to the latest report by CoinMarketCap. In fact, data showed that a small group of major platforms dominates overall…

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