Liquidation heatmap shows volatility ahead as Bitcoin drops to $57kLiquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57,000.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly ResearchLiquidation heatmap shows volatility ahead as Bitcoin drops to $57kLiquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57,000. Alts signal hits new low, hinting at a potential altcoin rallyAs altcoin performance diverges from Bitcoin and Ethereum, the alts signal hints at a potential delayed rally. α Top Insights
More α ResearchSmall Bitcoin holders are accumulating even as prices fallSmall holders display increasing confidence by purchasing more BTC during the ongoing price dip, contrasting with larger entities' mixed balance changes. Polygon leads in EVM efficiency as DeFi users favor low transaction costsDeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees. High Bitcoin fees push active addresses down to 3-year lowA surge in Bitcoin fees post-halving challenges its role in everyday transactions. |
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