CryptoQuant Identifies Five Key Bitcoin On-Chain Alerts to Monitor

CryptoQuant has highlighted five key Bitcoin on-chain alerts to monitor:

  • The 60-day change in the market cap of USDT shows a $10 billion increase, indicating fresh liquidity entering the market.
  • The Stablecoin Supply Ratio (SSR) is currently low, suggesting high investor purchasing power compared to Bitcoin's market cap. The RSI of BTC SSR is at 21, within the "buy" territory.
  • Accumulator Address Demand marks a bullish sign as addresses with no selling history now hold a record 298,000 BTC.
  • The Inter-Exchange Flow Pulse (IFP) remains bearish, showing a downtrend. An upward shift could indicate bullish momentum.
  • Short-term holders' Realized Price recently dipped but has recovered above $109,775. Historical trends remain bullish when trading above this level.

Bitcoin's price has climbed back to $114,200 after its recent recovery.