Addressing his followers, the analyst opened by noting that ADA’s weekly chart “looks so similar” to the multi-year pattern that preceded Ethereum Classic’s vertical move in early 2021. “They have the same market makers,” he asserted, pointing out that Cardano founder Charles Hoskinson had early involvement in both projects. “It’s almost like a cheat code for this thing.”
Just last week, a staggering $630 billion flowed into the altcoin sector, just as Bitcoin dominance (BTC.D) took a sharp nosedive from the 66% resistance, a level not seen since 2021. 📉
EigenLayer, the restaking protocol that underpins the project, and its data-availability sibling EigenDA will remain online as part of EigenCloud, Kannan added in a separate post.
The US dollar index (DXY) is not just below its average—it’s taking up residency in the basement, more than six points under the 200-day moving average. Mazel tov, DXY, really earning that participation trophy!
One clever chap, Darkfost from CryptoQuant, has been analyzing the situation, and his findings are quite intriguing. 🧐 It appears the U.S. Dollar Index has plummeted to a 21-year low, a whopping 6.5 points below its 200-day moving average! 📉 That’s the largest gap seen in, well, a very long time indeed! 🙅♂️
In the mystical realm of 2025, three brave altcoins are considered strong contenders to ignite these celestial candles: Ethereum (ETH), XRP, and Pi Network. But what sorcery drives these predictions? 🔮
The Spot-Perpetual Price Delta: what stage! This melancholy gap has haunted Binance since December 2024, lingering like guilt after an ill-conceived confession. It’s almost Dostoevskian in its stubbornness.
Those most esteemed of investors, the institutions and crypto whales, are accumulating BTC with all the fervor of a Moscow merchant at a bazaar 🛍️.
This isn’t just a minor bureaucratic shuffle—no, it’s the Kremlin’s grand attempt to tame the wild west of digital assets. In the end, this will be a masterstroke of regulation and control, no doubt. A bold move with potential consequences for miners, the energy sector, and Russia’s shiny future in the crypto world.
1. Hosico Cat (HOSICO)
