Bitcoin Ether Risk-adjusted Index

Ethereum Faces Consolidation as Bulls Eye Key Resistance

Ethereum continues to trade within a narrow range near $1,636, with signs of consolidation emerging after recovering from a local dip. The RSI has climbed to 56.53, slightly above neutral, suggesting mild bullish momentum but no clear breakout. Volume remains relatively stable, with 24H trading volume hovering around $183 million, reinforcing the subdued volatility.

While Ether remains above short-term support near $1,600, bulls have yet to build strong momentum toward key resistance levels at $1,754 and $2,111. The current setup, with RSI trending flat and no decisive price action, reflects hesitation among both buyers and sellers.

Overall, Ethereum’s near-term trend remains neutral, with potential upside if volume increases and RSI breaks into overbought territory. A move below $1,600 could signal renewed bearish pressure, while reclaiming $1,754 would open the door for a broader recovery. For now, the market appears to be waiting for a clearer macro or technical trigger to define direction.

Bitcoin Holder Metrics Show Resilience Amid Market Uncertainty

Despite recent price stagnation, Bitcoin’s on-chain metrics remain largely supportive of a continued bullish outlook. As seen in the token summary data, 87% of Bitcoin holders are currently in profit, with only 10% out of the money, a strong sign of resilience following months of volatility.

Holders are also demonstrating long-term conviction, with 74% of addresses holding BTC for over a year. This suggests that the bulk of Bitcoin’s supply is in strong hands, reducing the likelihood of panic selling during market drawdowns. The holder time share data highlights a maturing investor base focused on long-term value.

Interestingly, while concentration by large holders remains relatively low at 12%, transaction volumes from large wallets over the past week still total over $132 billion, indicating strong institutional activity. However, the net outflows of $464.68 million in the same timeframe reflect a slight decline in capital inflow, which could signal cautious sentiment.

On-chain signals such as transaction volume, and concentration metrics are all flashing green, supporting a “Mostly Bullish” market summary despite broader macroeconomic uncertainties. While short-term volatility remains possible, the overall trend suggests investor confidence in Bitcoin’s long-term strength.

American Bitcoin: Hut 8 and Eric Trump Unite to Build the World’s Largest Mining Platform

Hut 8 has launched American Bitcoin Corp., a new venture aiming to become the world’s largest and most efficient pure-play Bitcoin miner, backed by Eric Trump and Donald Trump Jr.

With Eric Trump as Chief Strategy Officer and Hut 8 serving as the exclusive infrastructure partner, American $BTC leverages proven mining expertise and political influence to set a new benchmark in U.S.-based industrial Bitcoin mining. The company is engineered for exahash growth, low capital costs, and strong financial scalability.

This strategic spin-out reflects Hut 8’s shift toward capital-efficient, predictable revenue models, while American Bitcoin positions itself as a high-performance mining powerhouse. As U.S. leadership embraces crypto infrastructure, this alliance could reshape how institutional Bitcoin mining scales in North America.

Bitcoin ETF Outflows Hit $93M – Is Institutional Sentiment Shifting?

$BTC ETFs saw a significant shift as $93 million in net outflows ended a 10-day accumulation streak, raising fresh concerns about institutional sentiment. Fidelity’s FBTC led the withdrawals, while BlackRock’s IBIT remained neutral, showing a divided stance among major players in the space.

Despite the pullback, BTC managed to briefly touch $84,000 before retracing, suggesting that long-term bullish sentiment still lingers. The formation of death crosses on lower timeframes signals short-term bearish momentum, and key support at $81,279 is now in focus. If selling pressure intensifies, BTC could test lower levels near $80,800; otherwise, a reversal could push it back toward $83,500 and beyond. As institutional flows continue to drive market sentiment, upcoming ETF data will play a crucial role in determining Bitcoin’s next move.

Bitcoin Optimism

$BTC experienced a 4% increase, reaching  $42,777 on Thursday. This surge is fueled by optimism following the Federal Reserve's recent FOMC meeting, signalling a dovish stance on future rate hikes. The discussions on the approval of Bitcoin Spot ETFs are gaining traction, with BlackRock interpreting the minutes as a 'green light for investors.'

The SEC's approval of cash creation requests for Invesco’s Bitcoin Spot Exchange-Traded Funds (ETFs) signals a potential shift in the regulatory environment. BlackRock has implemented similar modifications in its own spot Bitcoin ETF, enabling Wall Street entities to gain Bitcoin exposure without requiring a cryptocurrency-specific licence.

Adding to the positive sentiment, the IMF director emphasises the need for robust regulations and infrastructure in the crypto space. Furthermore, the US CFTC's approval of Bitnomial’s vertical integration strategy solidifies the infrastructure supporting Bitcoin’s market. These developments collectively reinforce bullish sentiments, propelling Bitcoin’s price prediction into optimistic territory.

Driven by institutional and regulatory efforts, these changes aim to reduce transactional costs and enhance investor protection. The market's response, influenced by Federal Reserve Chair Jerome Powell’s indications of potential future rate reductions, reflects a bullish outlook affecting broader market trends, including Bitcoin’s price.

Ethereum After the Merge

The Merge upgrade made $ETH deflationary, with a decreasing supply due to the PoS mechanism and burning of transaction fees. Approximately 889,990 ETH have been minted, while a significant 1,205,101 Ether have been burned since the upgrade, resulting in a net supply decrease of 315,110 ETH.

While the Merge upgrade made Ethereum more environmentally friendly, it did not directly lower gas fees. Instead, it set the technical foundation for future gas optimizations. The upcoming Ethereum Improvement Proposal (EIP)-4844, or "proto-danksharding," aims to reduce gas fees and increase transaction throughput.

The transition to PoS and the anticipated EIP-4844 upgrade provide an optimistic outlook for Ethereum, with potential improvements in scalability and reduced gas fees, making it a favourable choice for users.