Trend – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Tue, 09 Sep 2025 20:22:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Trend – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 There’s Bitcoin above the key trend line, but under the ATH – is there the next rally road? https://earlybirdsinvest.com/theres-bitcoin-above-the-key-trend-line-but-under-the-ath-is-there-the-next-rally-road/ https://earlybirdsinvest.com/theres-bitcoin-above-the-key-trend-line-but-under-the-ath-is-there-the-next-rally-road/#respond Tue, 09 Sep 2025 20:22:27 +0000 https://earlybirdsinvest.com/theres-bitcoin-above-the-key-trend-line-but-under-the-ath-is-there-the-next-rally-road/ Bitcoin’s recent price action has put cryptocurrencies at a pivotal crossroads. It’s broken above the major long-term trendlines, but remains trapped in a consolidation pattern below the all-time high (ATH). This double dynamic creates a persuasive and uncertain environment, encouraging investors to reflect on the most important questions in the market. Is the next explosive rally finally loaded?

Bitcoin breaks the long-term trendline: the familiar cycle signal

Veteran crypto analyst Cryptoelites recently revealed a very bullish perspective on Bitcoin’s recent price action. Analysis shows that Bitcoin has successfully broken beyond its chart’s important long-term trendlines, a movement that marks a major change in the market trajectory.

Following this breakout, Bitcoin has entered the consolidation phase. This pattern is particularly noteworthy as it reflects behavior seen in previous market cycles.

Bitcoin

Such post-destruction integration has historically served as a precursor to a much larger price movement. Based on this historical precedent and current chart patterns, analysts are confident that a major movement is on the horizon.

BTC faces strong rejection in the key resistance zone

Despite the optimistic signal born from Bitcoin’s recent trendline breakout, not all analysts are sure the market is ready for a full-scale gathering. In a recent update, Alpha Crypto Signal noted that BTC is still facing strong rejection in the key horizontal resistance zone of the daily chart. This resistance continues to focus on price action and keeps the broader structure tilted towards a bearish attitude.

Analysts highlighted that upward movements from current levels are risky for a temporary recovery unless Bitcoin achieves a compelling breakout that surpasses ATH. In the analyst’s view, such a move can easily turn into “dead cat bounce.” This is a short-lived rally that cannot establish sustainable bullish momentum.

In addition to this note, Alpha Crypto Signal also expressed skepticism about the ongoing Altcoin Rally, describing it as a potential liquidity trap. Experts say market makers can use this surge to lure retailers into premature long positions before triggering their next major downward leg. This strategy is a recurring pattern in past cycles and should not be underestimated by market participants.

Still, Crypto analysts acknowledged that there are short-term opportunities. Experts emphasized that if traders adopt strict stop losses and maintain disciplined risk management, the longing bounce remains a viable strategy. Currently, the market is in the “trap realm”, demanding accuracy and attention, trading movements, but not being caught up in a setup designed to shake carelessness.

Bitcoin

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XRP Millionaires Dump After Major Accumulation Trend, Will It Be A Red September? https://earlybirdsinvest.com/xrp-millionaires-dump-after-major-accumulation-trend-will-it-be-a-red-september/ https://earlybirdsinvest.com/xrp-millionaires-dump-after-major-accumulation-trend-will-it-be-a-red-september/#respond Thu, 04 Sep 2025 17:22:35 +0000 https://earlybirdsinvest.com/xrp-millionaires-dump-after-major-accumulation-trend-will-it-be-a-red-september/

XRP’s large holder cohort, specifically addresses holding between 10 million and 100 million XRP, has shifted from accumulation in the second half of August to significant dumping at the start of September. 

On-chain data from analytics platform Santiment reveals a sharp reversal in holdings, both in terms of circulating supply percentage and the number of coins held by this cohort. This change raises concerns about the sustainability of XRP’s price, which has been facing rejections above $2.8, and whether September could be a bearish month for the token.

XRP Millionaires Start September With A Selloff

XRP millionaire wallets, which are addresses holding between 10 million and 100 million XRP coins, aggressively increased their holdings during the second half of August. Based on the current price of XRP, each of these addresses is sitting on $28 million and $280 million worth of XRP, depending on the size of their wallets.

Related Reading

Particularly, Santiment’s data shows that the percentage of XRP supply held by these addresses rose from 11.67% on August 16 to 12.19% by the end of the month. In terms of numbers, their stash grew from about 7.5 billion XRP coins to 7.85 billion XRP. This surge in accumulation showed the confidence among large investors, which contributed to XRP successfully holding above the $3 price level throughout the month.

However, September has opened with an abrupt reversal. On September 1, whale holdings accounted for 12.19% of the circulating supply, but by September 3, that figure had dropped to 11.77%. In coin terms, the balance fell from 7.85 billion XRP to 7.61 billion XRP, wiping out much of the late August accumulation in just a few days.

XRP
Source: Chart from Santiment

This decline is clearly illustrated in Santiment’s chart below, which shows a synchronized dip in both percentage supply and absolute holdings. This rapid offloading means that these millionaire wallets may be taking profits after August’s rally, and it introduces downside pressure that could have effects on XRP’s price action throughout September.

Could This Mean A Red September For XRP?

September has been a mixed month for XRP, with both strong rallies and painful corrections shaping investor sentiment. According to data from CryptoRank, the last time XRP saw a red September was back in 2021, when it fell sharply by 20.1%. Since then, however, XRP has managed to string together three consecutive green Septembers, including a 46.2% increase in September 2022.

Related Reading

This track record shows that while September has the potential to bring losses, it has also been highlighted by gains. Although it is too early to declare a repeat scenario of a red September, the sell-off from millionaires at the beginning of September sets a worrying precedent.

XRP’s price action is already showing signs of strain, with the token repeatedly facing rejections above $2.8 in recent days. If these millionaire wallets continue to offload their holdings, the bullish sentiment surrounding XRP may weaken, which may lead to further declines.

At the time of writing, XRP is trading at $2.82, up by 0.2% in the past 24 hours.

XRP
XRP trading at $2.84 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend? https://earlybirdsinvest.com/cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend/ https://earlybirdsinvest.com/cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend/#respond Mon, 01 Sep 2025 06:10:03 +0000 https://earlybirdsinvest.com/cardano-ada-faces-selling-pressure-is-this-the-start-of-a-trend/ Cardano price started a fresh decline below the $0.850 zone. ADA is now consolidating and might extend losses below the $0.80 support.

  • ADA price started a fresh decline below the $0.850 support zone.
  • The price is trading below $0.8320 and the 100-hourly simple moving average.
  • There is a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA/USD pair (data source from Kraken).
  • The pair could start a fresh increase if it clears the $0.820 resistance zone.

Cardano Price Dips Further

After a steady increase, Cardano faced sellers near $0.880 and started a downside correction, like Bitcoin and Ethereum. ADA dipped below the $0.850 and $0.8320 support levels.

The bears even pushed the price below $0.820. A low was formed at $0.8003 and the price is now consolidating losses. There was a minor increase toward the 23.6% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low.

Cardano price is now trading below $0.820 and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA/USD pair.

On the upside, the price might face resistance near the $0.820 zone. The first resistance is near $0.8280 or the 76.4% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low. The next key resistance might be $0.840.

Cardano Price

If there is a close above the $0.840 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.8620 region. Any more gains might call for a move toward $0.880 in the near term.

Another Decline In ADA?

If Cardano’s price fails to climb above the $0.840 resistance level, it could start another decline. Immediate support on the downside is near the $0.80 level.

The next major support is near the $0.780 level. A downside break below the $0.780 level could open the doors for a test of $0.7620. The next major support is near the $0.750 level where the bulls might emerge.

Technical Indicators

Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.

Major Support Levels – $0.8000 and $0.7800.

Major Resistance Levels – $0.8200 and $0.8400.

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Bitcoin trader sees $117K coming as BTC price reclaims key trend line https://earlybirdsinvest.com/bitcoin-trader-sees-117k-coming-as-btc-price-reclaims-key-trend-line/ https://earlybirdsinvest.com/bitcoin-trader-sees-117k-coming-as-btc-price-reclaims-key-trend-line/#respond Wed, 27 Aug 2025 17:06:00 +0000 https://earlybirdsinvest.com/bitcoin-trader-sees-117k-coming-as-btc-price-reclaims-key-trend-line/

Key points:

  • Bitcoin traders reveal the key BTC price points for a bullish recovery.

  • The risk of a “double top” for price remains, with $102,000 on the radar should support fail.

  • The Bitcoin bull market does not have much time left — if history is a guide.

Bitcoin (BTC) neared $113,000 after Wednesday’s Wall Street open as buyers sought to cement a market bounce.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

BTC price outlook hinges on $112,000

Data from Cointelegraph Markets Pro and TradingView showed local highs of $112,646 on Bitstamp.

Now up over $3,000 from multiweek lows seen the day prior, BTC/USD continued to split opinions over where it might head next.

“$BTC has reclaimed its EMA-100 level,” popular trader BitBull wrote in a post on X, referring to the 100-day exponential moving average at $110,850. 

“This has been very crucial for bottom formation, and for now bulls are still in control. If BTC holds this level, I wouldn’t be surprised to see a rally towards $116K-$117K level.”

BTC/USD one-day chart with 100EMA. Source: Cointelegraph/TradingView

While maintaining a bearish bias, fellow trader Roman, who this week called time on the Bitcoin bull market entirely, emphasized the importance of the $112,000 mark.

“Looks like a breakdown & bearish retest for now. If 112k support is truly lost, 102k support should be next. Also looks like a double top is confirming here,” he told X followers on the day. 

“I expect lower over the next few days – unless we completely regain 112k support.”

Source: Roman/X

Popular trader and analyst Rekt Capital, meanwhile, reiterated similarities between the current BTC price pullback and previous bull markets.

“History doesn’t always repeat but it often rhymes,” he summarized, confirming that price had entered its second “price discovery correction.”

“Bitcoin ended up rallying into new All Time Highs by Week 6 before transitioning into Price Discovery Correction 2. History suggests this pullback will likely be shallower & shorter than past ones.”

BTC/USD one-week chart. Source: Rekt Capital/X

Is time running out for the bull market?

Debate also centered around the longevity of the bull market, with market participants similarly torn over how long it might last.

Related: Bitcoin can still hit $160K by Christmas with ‘average’ Q4 comeback

For Rekt Capital, history demands that October form the deadline for a bearish trend change.

This contrasts hopes that the next Bitcoin bear market is still years off — a view put forward by David Bailey, the dedicated Bitcoin adviser to US President Donald Trump.

“There’s not going to be another Bitcoin bear market for several years,” Bailey argued on X at the weekend, pointing to institutionalization of BTC as an asset.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Matcha and Clairo: What is the “performative male” trend on TikTok? https://earlybirdsinvest.com/matcha-and-clairo-what-is-the-performative-male-trend-on-tiktok/ https://earlybirdsinvest.com/matcha-and-clairo-what-is-the-performative-male-trend-on-tiktok/#respond Sun, 24 Aug 2025 22:01:29 +0000 https://earlybirdsinvest.com/matcha-and-clairo-what-is-the-performative-male-trend-on-tiktok/

If you live in a major city, you might have seen what looks like a hipster drag show playing out in a park or on a sidewalk recently: a parade of young men strutting with tote bags, holding up feminist literature, and showing off their newly purchased vinyls.

That guess wouldn’t be totally wrong. Over the past month, Gen Z has been holding public contests all over the country, and even internationally, awarding the best impressions of a “performative male,” the latest meme taking off on TikTok.

The slang is a bit misleading. A “performative male” doesn’t perform traditional masculinity à la a “gym bro.” Rather, he’s curated a notably alt, intellectual, and, in Gen Z terms, “soft” aesthetic, often with the purpose of attracting progressive women. Other markers of a “performative male” include drinking matcha, reading bell hooks, listening to women singer-songwriters, and carrying emergency tampons. Think Jacob Elordi when he was photographed with three different books on his person, or Paul Mescal publicly admiring Mitski.

The trend seems to be largely in good fun, poking fun at men who do, in fact, genuinely like matcha and Mitski. It’s partially inspired by the slew of celebrity lookalike contests last year that highlighted people’s enjoyment of dressing up in silly costumes, as well as their desire for a public square. As Seattle’s “performative male” contest winner, Malik Marcus Jernigan, told me, most of the men participating, including himself, casually embody the joke.

“My friend had sent me the flyer saying I had a good chance at winning, so I decided to participate to make them proud,” says Jernigan, a 24-year-old musician. “I feel as if for the most part it is either ‘performative males’ poking fun at themselves or women poking fun at them online — all lighthearted in nature.”

But there’s also a darker interpretation: Maybe these men are not what they seem, and perhaps their tastes and behaviors are all a deception. The “performative male” has joined a group of suspicious masculine archetypes that came before it, like the two-faced “wife guy” and toxic “male manipulator.”

So how did these signifiers of a “performative male” come to fall under suspicion? Should you really be worried about dating a man who listens to Clairo? Is it so bad to be “performative,” when gender is inherently a performance?

How the internet’s nicest guys came to be suspect

From “hipsters” to “soft boys” to its more derogatory offshoot, “cuckboi,” the internet has long questioned the integrity of this genre of men who eschew traditional representations of masculinity, either through their personal style or consumption habits.

In the age of TikTok, the average person, even one who doesn’t live in Bushwick, has become a lot more familiar with men who embrace a sense of freedom around gender. According to Jordan Foster, assistant professor of sociology at MacEwan University, the app has given average men a “historically novel public visibility, making a significant difference to their public presentation and also their ability to play with their gender presentation.”

Still, this exposure to and wider acceptance of this genre of men hasn’t exactly made us less confused about them. On the one hand, they’re often assumed to be emotionally intelligent and “unproblematic,” politically progressive if not outrightly feminist. But is it really all an act?

It seems like the internet is caught in a perpetual cycle of glorifying and later questioning the integrity of these men whenever they gain publicity. Pop singer Harry Styles, for example, was once lauded for dancing with men in his music videos and wearing feminine articles of clothing. For a time, though, he also faced charges of “queer-baiting,” a term to describe the appropriation of queer aesthetics by straight, cis men for their own personal and professional advantage.

Foster finds that skepticism around men who don these aesthetics is partly a conversation around privilege. “The critique is that men are reaping the sort of social and symbolic set of rewards for participating in these feminized and sometimes queer aesthetics without bearing any of the costs that have typically circled around queer and marginalized men or women,” Foster says.

Styles wearing a sparkly red jacket and no shirt onstage

Harry Styles performing at the BRIT Awards on February 11, 2023.
Gareth Cattermole/Getty Images

In his study on “radical” masculinities on TikTok, Foster found that the men who feel comfortable wearing dresses or drinking matchas are often men who already possess “masculine capital” — i.e., they’re cisgender, white, conventionally attractive, middle or upper class — allowing them to dabble in these aesthetics more securely. He adds that these “softboy” signifiers often have the reverse effect of “focalizing their conventional attractiveness.” Take, for example, Styles wearing a pink fringe vest that displays his six-pack abs, or actor Jeremy Allen White wearing tiny shorts that show off his muscular quads.

It isn’t just that these signifiers seem strategic or shallow, but rather, they can read as misleading. The MeToo movement showed us that even supposed “nice guys” could be capable of alleged manipulation and abuse — that in fact, they could use their enlightenment as a kind of shield. Now, the kind of guy who goes to therapy while also treating his partner badly has become flattened into a starter-pack-style meme. And the faux-enlightened man has become a frequent observation in pop culture.

In what could be read as an effort to rehabilitate his image following allegations of domestic abuse from his ex-wife Angelina Jolie, Brad Pitt has taken on a more gender-fluid approach to fashion. Before actor Jonathan Majors received two misdemeanor charges in a domestic-violence case last year, he did a viral magazine shoot wearing all pink and discussed how his idea of masculinity involved “kindness” and “gentleness.” These were major celebrities with PR teams. Could their gender flexibility have been an attempt to ward off bad press? It’s impossible to say, but what observers have seen does color the discourse.

Is there too much distrust between the sexes?

Still, it’s also important to recognize the extent to which these immediate judgments can impede young people’s social lives. Playboy editor Magdalene J. Taylor, who also writes the sex and dating newsletter Many Such Cases, says that the “performative male” trend is “aligned with much of the hostility we’re seeing in dating writ large: we don’t trust that anyone’s intentions are good.”

This hostility is visible in the level of suspicion, surveillance, and arbitrary rules that factor into dating right now. From the amount of hyperspecific and downright nonsensical dating requirements that are discussed on TikTok to whisper-network apps that mainly encourage gossip rather than safety, it seems like many people have lost sight of what a healthy level of discernment in dating looks like.

Taylor says, out of all the legitimate warning signs that men can display, someone’s style of dress or tastes in books is perhaps not the thing to focus on. And doing your best to attract a potential partner isn’t inherently deceptive.

“While lying and obfuscating your identity for sexual ends is, of course, wrong and potentially even assault, reading a book you believe women will find appealing is not a lie,” she says. “It’s an entirely normal, well-established social practice of attempting to relate to the opposite sex.”

Overall, though, Taylor says that the level of humor men and women are injecting into the “performative male” trend may suggest that people are slowly pushing away from the idea that a man’s appearance and interests, especially regarding things that are woman-coded, require further inspection. A lot of dudes might just wear and consume a lot of the same basic stuff right now, and if it just so happens that progressive women love it, so be it.

“It’s not a counterattack to ‘wokeness’ per se, but a realization that some of the rhetoric of ‘wokeness’ around heterosexual dating relations imposed new restrictions that did not actually liberate us,” Taylor says. “We’re circling back to a place where it’s okay to admit that you are a person with desires, and that you might act accordingly.”

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Fundamental Global Enters Ethereum Treasury Strategy Trend With $5B Fundraise Plan https://earlybirdsinvest.com/fundamental-global-enters-ethereum-treasury-strategy-trend-with-5b-fundraise-plan/ https://earlybirdsinvest.com/fundamental-global-enters-ethereum-treasury-strategy-trend-with-5b-fundraise-plan/#respond Fri, 08 Aug 2025 12:04:28 +0000 https://earlybirdsinvest.com/fundamental-global-enters-ethereum-treasury-strategy-trend-with-5b-fundraise-plan/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum’s growing appeal among institutional players has taken another leap forward as Fundamental Global Inc. (FGF), a Nasdaq-listed company specializing in reinsurance, merchant banking, and asset management, revealed an ambitious $5 billion cryptocurrency strategy in a recent SEC filing. The plan marks a major pivot toward Ethereum investments, signaling increased confidence in the asset’s long-term potential.

The announcement immediately impacted market sentiment. While FGF shares closed the regular session on August 7 at $36.17, down 1.44% for the day, they surged 3.76% after-hours to $37.53 following the news. Investors reacted to the aggressive treasury allocation plan, which positions the company alongside other forward-looking firms adopting Ethereum as part of their corporate reserves.

FGF’s move mirrors the Ethereum Treasury strategy trend recently embraced by Sharplink Gaming, underscoring a growing corporate shift toward integrating ETH into long-term capital strategies. This wave of institutional adoption not only strengthens Ethereum’s position in the crypto market but also reinforces its narrative as a store of value and strategic asset in the evolving financial landscape.

FGF’s $5B Bet On Ethereum Marks Bold Institutional Shift

Fundamental Global has made a landmark move into the cryptocurrency sector, filing an S-3 form with the US Securities and Exchange Commission (SEC) to offer up to $5 billion in securities. According to the filing, the majority of proceeds will be directed toward acquiring Ethereum, while the remainder will cover corporate and operational needs. This represents a major strategic shift for a publicly traded company historically outside the crypto space.

In the filing, FGF outlined its new approach: “We recently initiated an Ethereum (ETH) treasury strategy. ETH is the native token of the Ethereum network. Ethereum is the foundation of digital finance and the settlement layer for the majority of stablecoins, Decentralized Finance (DeFi), and tokenized assets.”

Fundamental Global Inc S-3 Form | Source: US Securities and Exchange Commission
Fundamental Global Inc S-3 Form | Source: US Securities and Exchange Commission

FGF further emphasized its intention to accumulate ETH as a long-term treasury asset, with the goal of growing its overall position and increasing ETH per common share through professional treasury management. The strategy will leverage capital raising activities alongside advanced blockchain-based tools such as staking, restaking, liquid staking, and other DeFi protocols to maximize returns and asset growth.

By positioning ETH as its primary treasury reserve asset, FGF joins a growing list of companies—like Sharplink Gaming—that are embedding Ethereum into their corporate balance sheets. This approach not only diversifies reserves but also aligns the company with one of the fastest-growing sectors in digital finance.

FGF’s commitment reflects a broader institutional recognition of Ethereum’s role as a core blockchain infrastructure asset. As more firms adopt similar treasury strategies, the demand for ETH could see sustained upward pressure, reinforcing its position as a strategic, yield-generating, and value-accreting asset in the corporate treasury landscape.

Price Action Details: Key Levels To Watch

Ethereum (ETH) is showing renewed bullish momentum, as seen in the 4-hour chart, after reclaiming the critical $3,860 resistance level. The breakout came with strong buying volume, pushing prices toward the $3,900 zone. This move follows a sharp recovery from the $3,350 local low earlier in the week, with ETH now trading above its 50-day (blue), 100-day (green), and 200-day (red) moving averages — a structurally bullish setup.

Ethereum testing critical level | Source: ETHUSDT chart on TradingView
Ethereum testing critical level | Source: ETHUSDT chart on TradingView

However, the $3,900–$3,920 range is emerging as short-term resistance, where sellers have started taking profits. A decisive close above this level could open the door for a retest of the psychological $4,000 mark, last seen in mid-July. On the downside, immediate support lies at $3,860 — the previous resistance now flipped into a potential demand zone. If this level fails, ETH could revisit the $3,700 region, aligning with the 100-day MA for additional technical confluence.

Volume patterns indicate that buyers remain in control, but the market may need consolidation before another leg up. As long as ETH holds above $3,860, the broader trend favors continuation to the upside, especially with institutional interest — such as Fundamental Global’s $5B Ethereum treasury plan — reinforcing the bullish narrative. A break below $3,860 would weaken this outlook in the short term.

Featured image from Dall-E, chart from TradingView

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Brandt: Gold in Long-Term Bear Trend Against Bitcoin https://earlybirdsinvest.com/brandt-gold-in-long-term-bear-trend-against-bitcoin/ https://earlybirdsinvest.com/brandt-gold-in-long-term-bear-trend-against-bitcoin/#respond Fri, 08 Aug 2025 07:43:28 +0000 https://earlybirdsinvest.com/brandt-gold-in-long-term-bear-trend-against-bitcoin/
  • Gold resumes its rally 
  • Will Bitcoin catch up? 

Commodity trader Peter Brandt claims that gold remains in a long-term bear trend against Bitcoin.

The weekly chart shared by Brandt shows that the XAU/BTC ratio has been in a persistent downtrend for over a decade. 

Gold resumes its rally 

Earlier today, gold, which is viewed as the most popular safe haven asset, surged to a two-week peak of $3,407. The yellow metal is attracting more buyers due to rising odds of rate cuts being implemented by the U.S. Federal Reserve this year. 

Growing trade tensions are also contributing to the ongoing gold rally, Reuters reports

On Apr. 22, gold reached a new all-time high of $3,500, which came after massive tariffs announced by the U.S. 

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Title news

Gold failed to sustain the rally after the U.S.-China tariff detente, but it is now catching a bid once again. 

Will Bitcoin catch up? 

The yellow metal is still up by 29% since the start of the year. It has outperformed Bitcoin, which is only up by a mere 24% this year despite a slew of bullish catalysts. 

Mike McGlone, who recently turned bearish on Bitcoin, recently noted that the Bloomberg Galaxy Crypto Index barely managed to match the gains recorded by the S&P 500 this year, showing how dismal the performance of the nascent asset class is this year.

As reported by U.Today, Fidelity’s Jurrien Timmer previously forecasted that Bitcoin would be able to race ahead of gold in the second half of the year. 

However, Bitcoin only managed to briefly surpass gold in terms of year-to-date returns in July when it hit its current all-time high of $122,838. 

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Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact https://earlybirdsinvest.com/bitcoin-demand-holds-strong-despite-price-drop-accumulation-trend-remains-intact/ https://earlybirdsinvest.com/bitcoin-demand-holds-strong-despite-price-drop-accumulation-trend-remains-intact/#respond Mon, 04 Aug 2025 17:40:48 +0000 https://earlybirdsinvest.com/bitcoin-demand-holds-strong-despite-price-drop-accumulation-trend-remains-intact/

Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two weeks. The sharp decline sparked concerns among investors, particularly among Short-Term Holders (STH), who now face the difficult choice of realizing losses or holding underwater positions. However, top analyst Darkfost shared key insights suggesting that Bitcoin’s underlying demand remains robust, despite the price volatility.

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According to Darkfost, the Apparent Demand metric—comparing new BTC issuance to over one-year inactive supply—indicates that the market is still absorbing supply effectively. The ratio has stayed in positive territory, signaling that demand continues to outpace new issuance. Over the past 30 days, approximately 160,000 BTC have been accumulated, highlighting strong buying behavior even as prices corrected.

While sentiment among STH has weakened due to the recent drawdown, long-term accumulation trends suggest the broader market structure remains healthy. Investors with longer time horizons are continuing to add to their positions, reflecting confidence in Bitcoin’s long-term prospects. As BTC stabilizes around $112K, market participants are closely watching for a potential reversal or a deeper correction, with demand-side indicators offering a more optimistic outlook for the weeks ahead.

Demand from Accumulator Addresses and OTC Desks Signals Strong Conviction

Darkfost also highlighted critical insights regarding Demand from Accumulator Addresses, a metric that tracks wallets that have only acquired Bitcoin without any history of selling. This indicator provides a clear view into both the demand dynamics and the holding conviction of long-term investors.

Over the past month, the average BTC accumulated by these addresses has grown by approximately 50,000 BTC, showcasing a consistent and determined buying trend, despite recent price corrections. Such behavior underscores the confidence of long-term holders who are taking advantage of market dips to strengthen their positions.

Bitcoin Demand from Accumulator Addresses | Source: Darkfost on X
Bitcoin Demand from Accumulator Addresses | Source: Darkfost on X

On a broader horizon, BTC held on OTC Desks reflects a more strategic and long-term demand pattern. Unlike exchange-based activity, OTC transactions are less visible in immediate price action but offer a window into the intentions of institutional players.

Since September 2021, the supply of BTC on OTC desks has dropped sharply, from around 550,000 BTC to just 145,000 BTC today. This significant decline indicates that large-scale buyers are consistently removing Bitcoin from OTC circulation, reducing the available supply for future institutional entrants.

Whether examining short-term accumulation or long-term OTC trends, the overall demand-side picture remains notably positive. Despite recent volatility and a wave of short-term profit-taking, there are no major signs of structural weakness from demand-side indicators.

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Bitcoin Faces Key Resistance After Rebounding from Local Lows

Bitcoin is currently trading at $114,476, showing signs of stabilization after a sharp drop to $111,971 earlier this week. The chart shows BTC still hovering below the crucial $115,724 resistance, which aligns with the lower boundary of the previous consolidation range. The 50-day SMA sits at $100,228, providing a solid technical base, while the 100-day SMA at $95,433 remains a key medium-term support zone. The 200-day SMA is rising steadily at $77,282, confirming the long-term bullish trend.

BTC loses key support level | Source: BTCUSDT chart on TradingView
BTC loses key support level | Source: BTCUSDT chart on TradingView

Despite the recent volatility, Bitcoin’s price structure still suggests a bullish outlook as long as BTC maintains higher lows above the $110K level. However, the $122,077 resistance remains a critical barrier. Breaking above this level would signal a strong bullish continuation towards new highs.

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Volume activity has been decreasing during this retracement, which is a positive sign, indicating that selling pressure is not overwhelming. If BTC can reclaim the $115,724 zone in the coming sessions, it would increase the probability of another breakout attempt towards $122K.

Featured image from Dall-E, chart from TradingView

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Bitcoin momentum loss is pre-FOMC derisking, not a trend change https://earlybirdsinvest.com/bitcoin-momentum-loss-is-pre-fomc-derisking-not-a-trend-change/ https://earlybirdsinvest.com/bitcoin-momentum-loss-is-pre-fomc-derisking-not-a-trend-change/#respond Wed, 30 Jul 2025 02:36:25 +0000 https://earlybirdsinvest.com/bitcoin-momentum-loss-is-pre-fomc-derisking-not-a-trend-change/

Key points: 

  • Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon. 

  • This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve.

Bitcoin (BTC) continued to trade within the $117,000 to $120,000 range on Tuesday, and it looks poised for a daily close below $118,000. Some analysts have called for BTC to retest underlying support at $114,000 to $110,000, and while technicals do support such a move, Wednesday’s FOMC minutes and a long-awaited White House report on US crypto policy and a strategic Bitcoin reserve could reverse the downtrend.

The report should reveal the exact number of Bitcoin currently held by the US government, and traders are hopeful that President Trump will take further steps toward enacting an official strategic Bitcoin reserve. 

In addition to comments from the Fed, quarterly earnings for Meta Platforms, Ford, Robinhood and Microsoft are posted on Wednesday, along with US economic data on Nonfarm Payroll, the Purchasing Managers’ Index (PMI), GDP, consumer sentiment, and the ISM report on manufacturing and services.

Federal Reserve Chair Jerome Powell is also scheduled to speak, following the Fed’s decision on interest rates. Currently, CME Group’s FedWatch metric shows Fed funds futures pricing in a 98% chance that the central bank will leave rates unchanged within the 4.25% to 4.5% range. Despite intensifying pressure from President Trump to immediately cut rates, Powell appears committed to staying the course and leaving the Fed with the option of hiking or cutting rates based on economic data. 

As has been the case in previous trading days before the FOMC, crypto traders appear to have cut risk, and most large-cap tokens sold off today. Data from TRDR shows Bitcoin’s aggregate open interest falling to $49.58 billion, from $50.58 billion at the Wall Street opening bell. Long liquidations in the futures market accelerated the selling, and data from Coinglass shows $173.8 million in longs magin called over the past 12 hours.  

12-hour total market liquidations. Source: CoinGlass

Related: Bitcoin bulls aim to chase liquidity at $122K, but Q3 seasonality could stall breakouts

Will good news trigger a breakout? 

In the past three weeks, Bitcoin price has seen a near 45% reduction in intraday volatility as its daily high to low range has narrowed to $2,300 from $4,200 on July 14. This price compression, although typical for periods of consolidation, tends to terminate with a strong directional move, and in this case, FOMC minutes that align with the markets’ expectation and perhaps bullish news from the White House crypto report could be the catalyst for upside.

The Bollinger Bands are also near pinched to a close, reinforcing Bitcoin’s price compression and brewing range expansion.

BTC/USDT Binance Perps. 1-day chart. Source: TRDR.io

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

]]> https://earlybirdsinvest.com/bitcoin-momentum-loss-is-pre-fomc-derisking-not-a-trend-change/feed/ 0 50418 Ethereum Is Repeating The Same Trend That Led To A 5,000% Breakout In 2017 https://earlybirdsinvest.com/ethereum-is-repeating-the-same-trend-that-led-to-a-5000-breakout-in-2017/ https://earlybirdsinvest.com/ethereum-is-repeating-the-same-trend-that-led-to-a-5000-breakout-in-2017/#respond Thu, 24 Jul 2025 11:18:21 +0000 https://earlybirdsinvest.com/ethereum-is-repeating-the-same-trend-that-led-to-a-5000-breakout-in-2017/

After hitting above $3,800, the Ethereum price seems well on track for the next phase of the cycle. The ongoing trend has been closely mirroring what was seen back in 2016-2017 before the surge that sent the altcoin’s price to new all-time highs. This remains a major deal given that if the trend does play out similarly to what was seen in the 2017 cycle, then it means that the Ethereum price rally is only just beginning.

Ethereum Price Mirrors Bullish 2017

Back in 2017, before the bull market, the Ethereum price had struggled to stay on track with the Bitcoin price. This resulted in a lag as the price kept taking a beating with each uptrend. In the end, the Ethereum price ended up ranging for a while, with two fakeouts before the price was able to eventually breakout.

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Similarly, the Ethereum price has ranged for the last year, with multiple fakeouts that have already kept the price low. Just like 2017, again, a crash sent the altcoin’s price down by almost 50% to create what seemed to be the perfect bear trap, as illustrated in this chart by crypto analyst Merlijn The Trader on X (formerly Twitter).

The analyst points out these similarities in the Ethereum chart, showing that the same range, fakeout, and breakout have now played out for the cryptocurrency just like they did in 2016-2017. Given this, it is likely that the next phase in the trend will also follow the 2017 playbook.

After the bear trap and eventual breakout in 2017, the Ethereum price had rallied by 5,000%, going from under $8 to over $250 in less than one year. Applying a similar breakout structure to Ethereum in 2025 would mean rising as high as $40,000.

Ethereum price
Source: X

However, adjusting for how high the market cap currently is, a conservative target would mean that the Ethereum price is at least able to cross the $10,000 level, which would be only a 200% increase from its current level. Applying the same timeframe as in 2017 would mean that it could play out in the next six months.

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Additionally, Ethereum now has something that it didn’t have back in 2017, and that is institutional backing. Presently, Ethereum is quickly becoming a favorite among institutional investors as ETH treasury companies have poured over $7 billion into the altcoin, according to data from The Block. In July 2025 alone, over $2 billion has flowed into Spot Ethereum ETFs, showing a ramp-up in institutionalized interest.

Due to this rise in institutional investments, Merlijn The Trader has explained that institutions are now the ones behind the wheel with the same setup from 2017. This suggests higher liquidity as these major players are expected to drive and determine the ETH price this cycle.

Ethereum price chart from TradingView.com
ETH price falls toward $3,500 | Source: ETHUSDT on TradingView.com

Featured image from Pixabay, chart from TradingView.com

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