CryptoMediaClub
Thursday, September 11, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode

24.10.2024
A A
0
124
VIEWS
ShareShare

Bitcoin (BTC) is showing the first signs of positive price momentum since June, as it attempts to convincingly break the $69,000 price zone and shift to a “euphoric bull market.”

According to Glassnode’s latest “Week Onchain Newsletter,” the recent rally has seen Bitcoin’s spot price break through key technical and on-chain price levels, pushing many investor positions back into unrealized profits and providing a potential boost to market sentiment.

The AVIV Ratio, a key on-chain metric assessing active investors’ unrealized gains and losses, remains constructive, suggesting that profitability has remained robust even as the market faced challenges.

This ratio also hints at potential room for further growth as Bitcoin attempts to transition from an “enthusiastic bull market” regime into a “euphoric bull market,” which would be marked by a sustained break above its previous all-time high of $69,000.

Reclaiming key indicators

The recent price surge saw Bitcoin move past both the 200-day and 111-day moving averages (DMA), which are historically important markers for investors.

Furthermore, the report highlighted that the 365-day simple moving average (SMA) has acted as critical support during macroeconomic events, reinforcing the market’s resilience as Bitcoin maintains its upward trend.

According to Fibonacci retracement levels, Bitcoin has remained within an atypical trading range for several months, indicating a period of consolidation rather than the more typical dramatic highs or sell-offs.

Glassnode noted that net capital inflows have accelerated, increasing by $21.8 billion over the last 30 days, pushing Bitcoin’s realized cap to a record $646 billion.

Institutional back at ‘cash and carry’ strategies

Bitcoin’s derivative markets are also showing strong growth, with open interest in both perpetual and fixed-term futures contracts reaching a new all-time high of $32.9 billion.

The increasing presence of institutional investors is highlighted by the CME futures contracts, which recorded $11.3 billion in open interest. These products offer institutional players regulated derivative exposure, allowing them to participate in yield-generating strategies such as cash-and-carry trades.

Despite this institutional activity, futures trading volumes remain somewhat subdued, signaling that the market has yet to experience a significant surge in overall trading activity.

Nevertheless, with yields from cash and carry strategies now around 9.6%, nearly double the yield from short-term US Treasuries, institutional interest in Bitcoin is expected to rise further, particularly as the Federal Reserve signals potential rate cuts in the months ahead.

Additionally, the ongoing inflows into spot Bitcoin ETFs and CME futures markets further suggest that institutional traders are increasingly adopting long-spot and short-futures strategies to capture yield. This could expand Bitcoin’s liquidity and strengthen its position as a key asset in both retail and institutional portfolios.

The post Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode appeared first on CryptoSlate.

Share10Tweet6ShareSharePin2

Related Posts

Bitcoin eyes breakout toward ATH as 50bps Fed rate cut odds climb to 17%
Analysis

Bitcoin eyes breakout toward ATH as 50bps Fed rate cut odds climb to 17%

10.09.2025
0

Markets are pricing about 30 basis points of easing for the Sept. 17 Federal Open Market Committee decision, split between...

Read moreDetails
Employment data revision washes $60B from crypto market cap

Employment data revision washes $60B from crypto market cap

10.09.2025
Fed cuts of 75 to 100 bps in 2025 could unleash a $6B Bitcoin ETF buying wave soon

Fed cuts of 75 to 100 bps in 2025 could unleash a $6B Bitcoin ETF buying wave soon

09.09.2025
Central bank easing and subdued sentiment indicators indicate crypto bull cycle still in early stage

Central bank easing and subdued sentiment indicators indicate crypto bull cycle still in early stage

09.09.2025
Ethereum ETFs hit by $1 billion pullback as lack of staking yield tests conviction

Ethereum ETFs hit by $1 billion pullback as lack of staking yield tests conviction

08.09.2025
Load More
Next Post
Argentina Regulator ‘Changing Its Stance on Bitcoin’

Argentina Regulator ‘Changing Its Stance on Bitcoin’

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin Surges Past $27,000 as Nomura Launches Bitcoin Adoption Fund

Bitcoin Surges Past $27,000 as Nomura Launches Bitcoin Adoption Fund

2 years ago
Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

2 years ago
Ethereum Staking Surges Despite Market Slump, Locking Over 28% of Supply

Ethereum Staking Surges Despite Market Slump, Locking Over 28% of Supply

3 months ago
Indian Crypto Exchange CoinDCX Suffers Major Hack, Loses $44 Million in Security Breach

Indian Crypto Exchange CoinDCX Suffers Major Hack, Loses $44 Million in Security Breach

2 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Polygon Hard Fork Fixes Bug That Knocked Nodes Offline — Network Back Online

Texas Ponzi Scheme Debtor Denied $12.5M Bankruptcy Protection in Crypto Case

SOL Price Prediction: SEC Reviews Franklin Spot Solana ETF Amid Whale Accumulation – $250 Next?

Worldcoin Price Prediction: South Korea’s Largest Exchange Lists WLD – Could This Trigger a Global Breakout?

Bitcoin eyes breakout toward ATH as 50bps Fed rate cut odds climb to 17%

Polygon PoS Network Faces 10-15 Minute Transaction Delays Due to Node Bug

Trending

Bitcoin Breaks $114K, Crypto Market Cap Climbs Ahead Of US Inflation Data
All news

Bitcoin Breaks $114K, Crypto Market Cap Climbs Ahead Of US Inflation Data

11.09.2025
0

Bitcoin rose past $114,000 on Thursday, lifting the overall crypto market cap by 2% as traders positioned...

[LIVE] Crypto News Today: Latest Updates for Sept. 11, 2025 – Bitcoin Breaks $114K, Ethereum Tops $4.4K as Cooling US PPI Fuels Rate-Cut Hopes

[LIVE] Crypto News Today: Latest Updates for Sept. 11, 2025 – Bitcoin Breaks $114K, Ethereum Tops $4.4K as Cooling US PPI Fuels Rate-Cut Hopes

11.09.2025
Bitcoin Price Prediction: U.S. PPI Falls 0.1% as BTC Holds $113K Triangle Breakout

Bitcoin Price Prediction: U.S. PPI Falls 0.1% as BTC Holds $113K Triangle Breakout

11.09.2025
Polygon Hard Fork Fixes Bug That Knocked Nodes Offline — Network Back Online

Polygon Hard Fork Fixes Bug That Knocked Nodes Offline — Network Back Online

11.09.2025
Texas Ponzi Scheme Debtor Denied $12.5M Bankruptcy Protection in Crypto Case

Texas Ponzi Scheme Debtor Denied $12.5M Bankruptcy Protection in Crypto Case

11.09.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz