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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr Profile
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr

@AxelAdlerJr

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FREE daily on-chain & macro research from a #Bitcoin Verified Author @cryptoquant_com . Don't miss out - subscribe for cutting-edge Substack insights ๐Ÿ’ก ๐Ÿ“จ ๐Ÿ‘‡

10x return every cycle โ†’
Joined November 2009
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
4 days
๐Ÿ’ก Insight #5 is live: This week, we dive into the state of the bull market, assess real demand for high-priced coins, and analyze the latest market trends. Is the consolidation nearing its end? ๐Ÿ“จ Subscribe for FREE:
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The market needs more realized losses from short-term holders. Too little pain . ๐Ÿฉธ
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
28 days
The Mt. Gox reserve has decreased by 66% (-94,458 BTC). Since the start of the coin distribution, the price of Bitcoin has risen from $55K to $66K. Really, no questions at all.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
17 days
Yesterday saw a record number of coins sold at a loss, comparable to the ban on mining in China and the collapse of the FTX exchange. โœŠHODL
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
10 days
You know what's brilliant? Halving, bull rallies, and U.S. presidential elections coincide every four years. This means the 50 million U.S. holders will influence elections, and candidates can't ignore them. ๐Ÿ˜…
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
11 days
Average monthly inflow of USDC and USDT across all exchanges equals $53 billion per day, which is above the annual average. The record inflow of $72 billion per day occurred when the price was at $70,000. The increase in stablecoin inflow directly correlates with BTC purchases.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Since the correction began, Binance has increased its reserves by 41K BTC. This is one answer to who was buying when others were selling.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
5 months
๐Ÿงต 1/2 The chart displays bitcoin price dynamics and UTXO P/L Supply Ratio Momentum. This metric divides average weekly P/L ratio by the yearly average. In the past decade, two significant momentum spikes were observed, with a third emerging now.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
5 months
A simple strategy is to buy BTC when NUP > 0.5, and sell BTC when NUL > 0.7. It seems not too complex to grasp, yet only about 2% of investors will be able to execute it.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
As Bitcoin declines, there is a resurgence in demand from retail investors (+7%). It's too early to talk about a full recovery, but the signal is positive.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
9 days
What should you do in a bull market when the STH MVRV drops below 1? The correct answer: buy.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
7 days
25% of the total available Bitcoin supply was purchased at the price level of $73-58K. This represents a quarter of the total Bitcoin market capitalization, approximately $300 billion.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
18 days
Bitcoin is cheap now.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
19 days
Over the last 1.5 years, the average Bitcoin drawdown has been -16.6% The current drawdown is -16.4% The maximum was -23% Just HODL โœŠ
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
In this bull cycle, Bitcoin is yet to experience periods of increased demand from new investors, but this will happen a bit later, not right now.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
8 days
The good news is that during the bull cycle, the drop in demand for coins among STHs has significantly decreased by more than six times, indicating a more stable asset retention. Currently, it is neutral.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The SOPR (Spent Output Profit Ratio) for short-term holders (90-day simple moving average) falling below 1.0 could signal the end of a correction and the beginning of a new bullish trend. More time is needed for this to occur.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
When the unrealized profit metric for short-term holders rises above 0.4, you need to consider the end of the bull cycle. The maximum of this cycle is 0.29.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
In the last 24 hours, rising BTC and open interest show positive trends. Next week should clarify this consolidation phase. Above 72K, expect a cascade of short liquidations and opening the way for a rise to 80K.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Since May 2021, the number of people willing to sell BTC has rapidly decreased: the average number of addresses sending coins for sale daily fell from 234K to 22K. This demonstrates BTC's high value to users and, despite the current correction, makes the coin bullish. HODL โœŠ
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
7 days
Bitcoin address activity has increased by 10% since the $70K level, but remains very low. From the $36K level, investors prefer a โœŠ HODL strategy.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
7 months
One of the most favourite and accurate models is the UTXO Block P/L Count, which displays the P/L Ratio in each block. This model has accurately shown the bottom and peak of the cycle over the last 10 years. Take a look ๐Ÿ‘€ at where we are now.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
10 days
I'm not a big fan of MACD, but a bullish pattern is forming on the daily timeframe. The good news is that many traders are noticing this.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
On the futures market, bullish optimism still prevails, with more open long positions than short ones. For a correction bottom to form, there needs to be a dominance of bears on the market.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
7 days
Based on average losses in this bull cycle, if no major crises occur, few panic sellers remain. Ideally, a drop would shake out the rest and build a robust bull trend, but that's proving elusive and might not happen at all. ๐Ÿคทโ€โ™‚๏ธ
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
There is mild panic in the market due to the small-scale sales of Mt.Gox/Govt coins, but no one is talking about the unrealized losses of STH whales, which currently equal 218K BTC. I have no idea what will happen to the market if they lose their nerve. โœŠ HODL
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The average monthly change in demand for bitcoins from retail investors <$10K has fallen to -17%. A similar previous drop to -18% ended with an increase from 40K to 70K.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
10 days
The market is boring. Over the past 7 days, the Netflow equals -8,748 BTC, meaning there have been 8.7K more BTC purchases than sales. Other than BTC being bought up, nothing is happening.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
9 days
Bitcoin Monthly Compound Growth Rates: -5%. What should be done in a bull market when experiencing negative returns? The correct answer: buy.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
At the $61.6K level, the selling pressure from Long-Term Holders, which lasted 7 months, ceased.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
After falling from the $72K level, monthly changes in the capitalization of Tether (USDT) show an increase. Typically, the growth of this metric directly correlates with the rise of Bitcoin.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
A bullish impulse (Green Bar) is forming in the market. This means that the demand for coins exceeds the supply that was realized a week ago. As investor confidence grows, a breakthrough above 70K can be expected.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The Bitcoin Net Unrealized Profit (NUP) has dropped from a peak of 0.64 to 0.53. It is worth noting that in the previous three cycles, the peak occurred when the metric was above 0.7.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
6 days
From the $51K level, there is a +9% increase, totaling 4.2M BTC - that is exactly how many coins are in the wallets of investors holding between 100-1K BTC on their balance. At the current rate, this amounts to $250B. Essentially, they control 20% of the total supply.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
We have reached the zone of pessimism. The supply in profit has decreased by 18%.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
I wouldn't think about a bull run yet, but rather worry about the mental health of the newbies who hold 1.2M BTC and how they will cope with this shake-up. HODL โœŠ
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
11 days
The average weekly Estimated Leverage Ratio (ELR) - the ratio of open interest to exchange reserves has decreased by 1.5%. A reduction in ELR may indicate a decrease in market risk or more conservative behavior by traders.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
9 days
The 8.7% increase in the Ratio indicates that the proportion of BTC held by LTH has increased compared to that of STH over the last 30 days. This can be interpreted as a sign of growing confidence among LTH in the long-term potential of BTC. h/t @CryptoVizArt
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
Despite all the negativity in the market, there are no signals in the on-chain data that could indicate the end of the bull cycle.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
16 days
Currently, ๐Ÿณ whales hold 368,696 unprofitable BTC, purchased in the range of $54K-$73K, amounting to $20.6 billion.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Realized capitalization of short-term holders, broken down by coin holding time cohorts. More likely, above 80% will indicate the end of the cycle.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Bitcoin cycle extreme - the first early signal. P.S. Sounds like a headline in the tabloids.๐Ÿ˜…
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
29 days
From the $68K level, the supply of Long-Term Holders increased by 126K BTC, which is approximately $8B. Everything that LTH wanted to sell was sold at the $74K-68K level.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
10 days
After the halving, miners' average income fell from $75M to $30M (-60%). Over 720 days, their reserves decreased by 50K BTC because miners were purchasing new equipment. They are not at risk, as the net amount in reserve remains at 713K BTC.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The absence of real demand for the coins indicates that investors do not consider the current price attractive for purchasing. Something might change on Monday, but I highly doubt it.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
12 days
Compression on the hourly timeframe. ๐Ÿ›Ž๏ธ Squeeze alert.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
Investors will need to start worrying about the end of the bull market when the 30DMA MVRV Z-Score exceeds 5 and a ๐ŸŸข Strong Bull bar appears. Even then, it could still be half a year until the finale.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
GMโœŒ๏ธ Over 14 years, Bitcoin investors have seen unrealized profits 80% of the time and losses 20% of the time. This 80/20 ratio exemplifies the Pareto Principle, first described in the late 19th century, which applies perfectly to Bitcoin as well.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
21 days
At the $73K level, new investors sold 16% of their coins. A similar situation occurred before the 2020-2021 rally, during which the realized capitalization of cohorts holding coins for up to three months increased to 74%.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The current market structure by many metrics resembles the bull market of 2016-2018. We have already passed the first half and should move into the second, more active growth phase known as the โ€œBull Runโ€.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
We're here ๐Ÿ‘‡
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Growth Rate shows the difference between changes in Market Cap and Realized Cap. Positive values suggest MC is growing faster than RC, indicating investor optimism. Thresholds >0.002 indicate an overheated market likely needing a price correction. Now = 0.001. h/t @ki_young_ju
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
If the price does not hold at the level of $60.9 (Short-Term Holders Medium Realized Price (1M-3M vs 3M-6M)), we are more likely to see a deep correction phase.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The $67.1K level remains the last resistance level for the cohort of short-term holders, overcoming this barrier, the price will trade above the average purchase price of the entire STH cohort, which is a bullish sentiment.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Garman-Klass Realized Volatility displays a yellow bar (Low Volatility). The graph demonstrates how low realized volatility has influenced the market.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
4 months
Transaction fees in the Bitcoin network have normalized.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The market currently has a very low inflow (average = 30K/day), so if the Mt.Gox coins are distributed in small batches, the market will absorb them without much effort.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Don't you think it's time for long position ๐Ÿฉธliquidations? There is a greater risk of long position liquidations, and the oscillator is indicating that this is exactly where things are heading.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Another red flag is the issues facing miners and their active selling on exchanges and through OTC - essentially, this is capitulation.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
I think that until 30-50% of the coins bought by the new holders are shaken out, the market will continue to fall. Once this happens, a buyback will be made, and we will move higher.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Open interest in futures has grown to over $30 billion. Visually, it seems that the market is overheated with open positions, but if you convert the OI to BTC, it will be 440K BTC, compared to the peak of 614K BTC in October 2022. The market can still increase by $10 billion.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
30 days
On the Kraken exchange, there is an increased outflow, which means that Mt.Gox coins are being withdrawn from the exchange, or even if they were sold, they have been repurchased and are being withdrawn. In any case, there is currently no panic in the market.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The Exchange Flow Multiple (BTC) has dropped to a threshold level below 0.6. This indicates very low speculative demand in the market. Similar metric values were observed around the $30K level, after which growth resumed.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The Exchange Flow Multiple (30D/365D) has dropped to its lowest level. This is the fifth time in the last six years. The most accurate name for this market situation is "waiting period." HODL โœŠ
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
A drop in USDT liquidity will not stimulate BTC growth, conversely, growth will demonstrate demand for purchasing coins. Currently, the metric is falling. h/t @jjcmoreno
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Long-Term Holders (LTH) started selling coins at the $45K level. ะ’elow this price, it could become a buyback zone for forming the bottom of the correction and the start of a bull rally.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
Coinbase currently accounts for 46% of all spot trading. The average trading volume has decreased from 25K BTC/day to 9.7K BTC/day. In a bull market, this represents a lack of selling pressure (yellow bars), which can stimulate growth.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The result of bearish pressure in the market has increased the dominance of long liquidations by +13%. It's not the best time for the bulls.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Current average losses by Short-Term Holders (STH) via exchanges match the June 2023 correction level, but are 2.7 times less than fall 2020's. I think we've reached a point where further declines would trigger significant stress and panic sales.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
Long-Term Holders (LTH) are currently not selling, following a sales peak at the 73K level. They currently have a lot of cash, around 1.3 million BTC, so they can afford to wait to buy at the local bottom.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
On the daily timeframe, the first signs of compression are observed, which last occurred 5 months ago. Fasten your seatbelts.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
24 days
There is a minor panic sell-off in the market, but not as big as the one from July 23-26. All these coins will be bought up by major players.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The realized profit of short-term holders has fallen by 32%, signaling a lack of investor desire to lock in profits at current levels, essentially anticipating further growth.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The MVRV Z-Score indicates which phase of the cycle we are in; the maximum value of the metric in this cycle is 3.07, which corresponds to the middle stage of a bull cycle.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The average incoming volume of all stablecoins (Ethereum ERC-20) has dropped by 2.1 times from $84 billion to $40 billion. This is a bearish signal for the market. A drop below $30 billion will be considered a deep correction phase.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
What do you think, has the market corrected enough or does it need to go lower? โœ๏ธ Share your thoughts in the comments.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
14 days
OI on the three major exchanges dropped by 65% in one day - this is the largest position closure in history. We do not know whether these were short positions being closed or profits being taken on long positions. One thing is clear - traders are unwilling to take risks.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
The transfer of BTC by miners through OTC continues. In total, over the last two months, they have transferred 71,000 BTC. A growing balance at OTC desks can be associated with increasing selling activity outpacing Bitcoin demand. h/t @jjcmoreno
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Realized losses over the last 30 days total $403M, similar to early COVID market crash losses. However, they are far less than the losses post-Chinaโ€™s mining ban (3.3x higher) and the Luna ecosystem crash (4.6x higher). HODL โœŠ
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The average paper profit for investors after the ATH has decreased by 60% and is currently at the 'Anxiety' level. Market recovery in a similar situation in December 2019 began when the metric reached zero.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
23 days
Over the last 1.5 years, the average BTC transfer volume has ranged from 700K to 1M. The rest of the coins are being HODLed. History justifies this behavior of holders.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Exchanges continue to see a significant inflow of Stablecoins (ERC-20). The increased liquidity of stablecoins can be used to purchase Bitcoin.
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Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The average Exchange Inflow is currently very low at 25.9K BTC per day, indicating not many are willing to sell. Therefore, even if the Mt.Gox trustee begins selling 141.6K BTC, the market will absorb this volume within a week and no one will notice.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The current bull market structure resembles the market from 2015 to 2018. It's clear that we have already covered half of the journey, and so far everything is going well with no turbulence like in the previous cycle.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The average dominance of long position liquidations has decreased to zero. Bulls have a chance to push the market higher.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Some panic-driven selling.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
5 months
Funding Rate - after explosive growth in March for long positions, it practically cooled down to a zero level. This is a good sign for the end of the correction.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
25 days
Over the past three years, hash rate recovery has led to price increases in three instances and declines in three others. However, post-2020 halving hash rate growth drove the price from $20K to $63K.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
Currently, the average investor is earning 84% unrealized profit from their investments. The price is nearing the mean (PR Bands) of $52.2K - this will reduce unrealized profits by about 14% and could trigger coin sales as investors may secure profits fearing further drops.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Over the week, the open interest in CME futures decreased by $2 billion. Okay, it seems the major players are losing faith.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
It is clear that bears are dominating, but they need to increase the pressure to drop the price even lower, to create short liquidity which can be used to form a new bullish trend.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
13 days
The average number of days with high price performance this year equals 25 days, compared to past cycles, which recorded 56, 140, and 64 days, respectively. At a minimum, this cycle is expected to see a doubling in price growth.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
2 months
There isn't strong panic in the market yet, it will start when the orange bars appear. In the current situation, 47K doesnโ€™t look as terrible as it did three weeks ago when we were at 70K. We need more shakeout, but at a slower pace.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
22 days
It must be acknowledged that the bears' pressure since the beginning of summer has been impressive. Until the metric becomes greater than zero, the bulls will have to worry.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
Traditionally, Q3 is not the best for BTC, but with a conservative estimate, I expect an ROI of +25% from the 70K level.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
Overall, there remains a very high demand for BTC in the market, similar to the excitement before the start of the bull rally in 2016, but back then the price was $300 compared to $67K, so the current one is stronger in terms of the volume of finances in the market.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The Realized Profit and Loss Ratio metric has dropped to extremely low values after profits were taken at the 72K level. Everyone who wanted to sell at 72K has done so, therefore, for the next profit to be realized, the market needs a new level above the all-time high (ATH).
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
The market needs tests and a breakthrough above the ATH that will create new FOMO. Investors are just waiting for more paper profit. Go to the new ATH! ๐Ÿš€
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
As of today, the highest demand for buying #BTC comes from players with balances ranging from 10 to 100 BTC. Essentially, they are buying up the current dip. #buythedip
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
1 month
Miners continue to face issues with the hash rate. The income they receive for a new block has decreased by 2.5 times, while the volume of sales on the exchanges has increased by four times. Essentially, this is a bearish alert.
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@AxelAdlerJr
Axel ๐Ÿ’Ž๐Ÿ™Œ Adler Jr
3 months
The average bearish pressure, reflected by the 30DMA Net Taker Volume metric, has weakened from $15M/30D to $1.8M/30D. This was the greatest pressure in the last two years. It might be the final trigger for the resumption of the rally.
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