Critical Technical Report for Bitcoin and Ethereum has been published: Here are what you need to know

Crypto para Analysis company Glassnode evaluated current developments in the crypto currency markets in the latest report.

According to the report, Bitcoin’in Recent strong price performance has led to significant improvements in investor portfolios. This led many investors to step in the direction of risk reduction and profit realization.

With the effect of these new capital inflows, Glassnode reported that Bitcoin’s realized market value (Realized CAP) increased to over $ 900 billion for the first time and reached the highest level of all time. This was recorded as one of the important turning points in the history of existence.

Bitcoin approached the highest level of $ 109,000 in December 2024, approached the highest level of the time (AC), up to 107,000 dollars, according to Binance TR data recently and today. This rise paved the way for the Market Value to break the historical record by triggering new capital inflows to the market.

The report also stated that one of the sharpest increases in recent periods in the profitability of short -term investors have experienced. While a significant increase was observed in the expenditure activities of this investor group, it was reported that a profit of $ 747 million on a daily basis and a total of $ 11.4 billion in the last 30 days.

Apart from Bitcoin, Ethereum’un The price has also been recorded in recent weeks. This increase may be related to the positive atmosphere of the successful Pectra upgrade on May 7. Ethereum showed statistically significant significant increases several times on a daily basis. Especially the single -day rise of 21.8 %drew attention as the most powerful increase since May 2021.

Glassnode described the range of 2,400 to $ 2,900 as a critical resistance zone for Ethereum and a potential breaking level. It is stated that permanence above this level is important for the continuation of the rise trend.

*It is not an investment advice.