Crypto Market Outlook: A Potential Bounce May Be Imminent

Christopher Yates, CFA profile picture
Christopher Yates, CFA
1.05K Followers

Summary

  • What has been a tumultuous last few months for crypto markets has only accelerated through the turn of the New Year.
  • Hedge-funds are still heavily net-short, although the Other and Non-Reported categories appear to be reaching more favourable levels.
  • We currently reside at important technical support levels for both Bitcoin and Ethereum that should be bought so long as investors employ proper risk management.

Cryptocurrency written newspaper

CasPhotography/iStock via Getty Images

What has been a tumultuous last few months for crypto markets has only accelerated through the turn of the New Year. Several of the key support levels for both Bitcoin and Ethereum I highlighted in my initial

Bitcoin to US dollar

StockCharts

Bitcoin US Dollar

Ethereum

ETH/USD

Crypto Fear Greed Index

Bitcoin Optix

CME Bitcoin Futures

Source: TheBlockCrypto.com

Bitcoin Open Interest

Ethereum Open Interest

Bitcoin Long Liquidations
Bitcoin Short Liquidations

Bitcoin Estimated Leverage

Bitcoin Funding Rates

Gamma Exposure

Source: Laevitas

Gex+ Index

Source: Laevitas

Bitcoin Net Unrealized

Short Term Holder

Source: Glassnode

Bitcoin On Chain

Source: Ecoinometrics

Bitcoin Exchange Outflow

Bitcoin Active Adresses

Investment in Institutional

Source: The Block Research

This article was written by

Christopher Yates, CFA profile picture
1.05K Followers
Editor and publisher of AcheronInsights.com. Investment research centered around using the business cycle to your advantage and a "jack of all trades" approach, focusing on macro, fundamentals, technicals, sentiment, and market structure.I am a CFA charterholder with a background in financial planning and investment analysis.

Recommended For You

Comments (11)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.