KoinMisteri

The crypto market shows signs of instability with the Bitcoin SOPR recording a value of 0.95, the lowest since August 2024. This indicates that many short-term investors are selling at a loss, signaling potential capitulation.

However, this situation could present an opportunity for long-term investors. A SOPR value below 1 often indicates a good accumulation zone, suggesting that we may be approaching the bottom of the current wave.

Although the market appears bleak, optimism for Bitcoin remains. With the right strategy, investors can take advantage of these conditions for long-term gains.

The crypto market is showing signs of instability, with the Adjusted SOPR (aSOPR) of Bitcoin remaining below 1, indicating that many investors are selling at a loss. History shows that this behavior often marks market bottoms, as panic selling and capitulation occur.

However, the Coinbase Premium Index has started to recover despite recent ETF outflows. Although this has not yet confirmed strong institutional buying, there are indications of easing selling pressure.

The 50-hour moving average crossing above the 170-hour moving average suggests potential short-term bullish momentum. Key resistance levels to watch are $90,000 and $92,500. Further recovery in aSOPR and the Coinbase Premium Index will be crucial in determining Bitcoin's next move.

The global financial market is currently plagued by uncertainty, prompting many Bitcoin investors to sell their assets at a loss. This selling is largely carried out by short-term investors who are affected by market panic. In contrast, long-term investors remain optimistic, successfully selling at a profit as Bitcoin prices approach an all-time high. Although the market is dominated by panic selling, this trend indicates potential stability and profits for those investing in the long term.

The crypto market is currently under significant pressure, with many short-term holders starting to sell their Bitcoin despite potentially incurring losses. The price of Bitcoin recently breached the $90,000 mark, triggering fear among investors.

The Open Interest variation has reached a 6-month low, indicating market uncertainty. The process of excessive leverage liquidation is expected to continue, increasing extreme fear sentiment.

Low-leverage Long positions are facing greater pressure, with around $1.5 billion having been liquidated since the main Support drop of Bitcoin. Nevertheless, this could be an opportunity for Bitcoin to establish a new market base.

The influx of stablecoin into exchanges has surged sharply, doubling in just one week. However, this influx remains highly irregular, contributing to increased market volatility. In the previous accumulation phase, the average stablecoin inflow was stable at around $50 billion. In contrast, recently, the inflow has fluctuated between $50 billion and $150 billion. This indicates that market participation remains high, with active demand ready to seize opportunities. Despite the turbulent market, optimism towards BTC remains strong as a more stable asset.

The crypto market is struggling to gain momentum in 2025, with Bitcoin and other major assets showing weakening demand. One of the main factors behind this trend is the ongoing decline in Binance's stablecoin reserves, particularly USDT and USDC. Stablecoins serve as a primary source of liquidity, driving crypto purchases and market rallies.

Recent data shows a weekly decline in stablecoin reserves since the beginning of 2025. This decline indicates reduced purchasing power, limiting fresh capital inflows into the market.

Binance's USDT and USDC reserves have continued to decrease over the past few months, reducing buying pressure and making it difficult for Bitcoin to break through key resistance levels.

If the decline in stablecoin reserves continues, crypto liquidity could become even tighter, delaying a significant bullish trend. However, if reserves recover, this could signal new capital inflows and renewed demand.

Significant activity on Binance seems to influence Bitcoin price dynamics.

- The 7-day moving average for coin inflows to Binance continues to rise. This trend indicates that investors are more frequently making large one-time deposits.

- The metric "Bitcoin: Exchange Inflow (Top10)"—which aggregates the total amount of coins from the top ten inbound transactions—has reached its highest level in nearly a year.

- Bitcoin reserves on Binance have increased to levels last seen in November of last year, indicating potential further selling pressure. Bearish sentiment dominates, yet optimism towards BTC remains amid market uncertainty.

The current crypto market shows signs of being oversold, with the NVT value below -2.4. This condition indicates a potential local low, opening up opportunities for a price reversal upwards.

However, investors must remain vigilant. If a rebound occurs, the 111-day moving average (DMA) at 96,895 could become a significant resistance level, hindering further price increases.

In the midst of market uncertainty, Bitcoin remains a positive highlight. Despite market pressures, the potential resurgence of BTC cannot be overlooked, offering hope for investors seeking stability amid volatility.

Coinbase Advanced recorded two large outflows in two days, indicating aggressive accumulation. This could signify:

- Institutional buying: Coinbase is a gateway for US institutions; large outflows often indicate long-term holding intentions.

- ETF-related movements: If related to Bitcoin ETFs, this could mean significant underlying demand.

- These large outflows typically indicate accumulation by institutions or large investors, potentially signaling bullish sentiment.

- If this aligns with increased spot demand or ETF inflows, it could strengthen the supply tightening narrative.

The decline of the crypto market continues, but there are positive signals from Bitcoin. Since December 2024, Bitcoin miners have started to accelerate their withdrawals of Bitcoin. However, when the price of Bitcoin increases, massive selling occurs.

Interestingly, since December, withdrawal transactions by miners have started to stop and even decrease. Miners' reserves have not been significantly affected, indicating that they are accumulating Bitcoin.

This phenomenon often occurs when the crypto market is sluggish, providing hope that Bitcoin can survive and possibly rebound in the future.

The crypto market is experiencing significant pressure following the latest decline in Bitcoin prices. Data shows that the 50-day moving average of Bitcoin recorded the highest long position liquidations since October 2021. On February 3 and 25, the liquidation values reached $544,271,401 and $529,507,764, indicating ongoing market instability.

Nevertheless, analysts remain optimistic about the future of Bitcoin. Strong fundamentals and increasing adoption across various sectors could drive price recovery. Investors are advised to remain vigilant and consider long-term strategies in the face of this volatility.

Bitcoin Hash Price is currently trending downwards, reflecting a decline in profitability for miners. Historical data shows that periods when Hash Price is at its lowest point often coincide with Bitcoin’s low price. Although the overall crypto market is facing negative pressure, this analysis provides hope that Bitcoin price may be nearing its lowest point. If this pattern continues, a potential recovery in Bitcoin price could occur, providing optimism for investors looking forward to a market revival.

The total crypto market cap has dropped to $2.69 trillion, lower than its 2021 all-time high (ATH) of $3.01 trillion. This indicates that the crypto market is currently in an oversold zone, reflecting significant selling pressure.

However, for careful investors, this situation could be an opportunity to buy crypto assets at a discount. Despite the overall market decline, Bitcoin (BTC) still shows potential as a promising asset amidst this uncertainty.

With positive on-chain analysis, BTC could be a more stable choice in the face of current market fluctuations.

A significant increase in the 60-day Coin Days Destroyed (CDD) indicator indicates increased spending activity by long-term Bitcoin holders. From January to July 2024 and November 2024 to February 2025, these spikes indicate a change in market sentiment.

Long-term holders, who typically hold Bitcoin as a store of value, may be taking profits or reallocating assets. This could signal a market top or increasing selling pressure.

While short-term volatility may increase, this activity could pave the way for a healthier market adjustment, providing opportunities for new entrants. Keep an eye on this indicator to understand where the market is headed next.

Short-term investors are starting to sell their assets at a loss following the latest market movements. The unstable market conditions have triggered concerns among investors, leading to panic selling and increased selling pressure.

However, amid this uncertainty, Bitcoin is showing signs of resilience. On-chain analysts note that despite the selling pressure, Bitcoin's network activity remains strong, indicating sustained confidence from long-term investors.

Recent reports also indicate that global policies supporting crypto adoption could provide a positive boost for Bitcoin in the future.

Beginner investors experienced the largest capitulation in 2025 after a significant decline in the last 24 hours, with over 79 thousand BTC sold at a loss. On the 25th, a total of more than US$ 1.7 billion coins were distributed at a loss, marking the largest capitulation since August 5.

Such a capitulation last occurred when Japan raised interest rates, triggering a mass deleveraging process in the global market. This systemic decline marked the lowest point of that period, and prices began to turn around to reach $100k in December.

Although it cannot be certain that further declines will not occur, the current value offers a rare opportunity in the medium-term structure.

The 60-Day RCV Bitcoin has reached a low level, indicating an optimal opportunity for Dollar-Cost Averaging (DCA) strategy.

RCV measures the relationship between realized capitalization and market capitalization of Bitcoin over 60 days, helping to assess whether Bitcoin is undervalued or overvalued.

Normalized RCV is used to evaluate risk: RCV < 0.30 indicates a low-risk accumulation zone, while RCV > 0.50 signals an overheated market.

Currently, the Normalized RCV is at its lowest level, indicating Bitcoin is undervalued with minimal downside risk.

Long-term investors are advised to consider accumulating BTC through DCA, given the optimal risk conditions.

The current crypto market shows a strong bearish sentiment, especially towards Bitcoin. Recent data reveals that the Funding Rate across various exchanges has turned negative, indicating that Futures prices are below Spot prices. This signifies a dominance of short positions.

Additionally, Coinbase Premium is also negative, indicating an increase in Spot sales on Coinbase, which could pressure Spot prices below those of other exchanges.

The chart shows the Funding Rate falling below zero, indicating an increase in short positions, while the continuously negative Coinbase Premium confirms the dominant selling pressure in the Spot market.

Nevertheless, optimism for BTC remains, with potential recovery in the future.

Short-term investors are experiencing losses when selling or transferring Bitcoin during the upward cycle, often followed by a market rebound. The recent correction shows a decline in short-term SOPR almost identical to the corrections in early May and July 2024.

Fear has swept through the market, triggering panic selling. However, a rebound is expected to occur in early March. The question is how strong this rebound will be.

Nonetheless, the market has already entered the final phase of the upward cycle, increasing risks. Aggressive investments should be avoided. Optimism towards BTC remains, but caution is necessary in facing the current market uncertainties.

The crypto market is experiencing significant pressure with long position liquidation volume on exchanges reaching the highest level since early February. This figure is particularly significant, especially since Binance, which has a larger market share compared to other exchanges, recorded a substantial amount of liquidation. Nevertheless, optimism towards Bitcoin remains. Many analysts believe that BTC has the potential to recover and show resilience amid high market volatility. While other crypto markets struggle, Bitcoin is still considered a promising asset for the long term.