U.S. stocks continued to slide on Tuesday, as investors wrestled with 
escalating tensions in Iran and a spike in oil prices, though a late-session 
rebound suggests Wall Street is not yet ready to hit the panic button. Energy 
Sector Leads S&amp;P 500 as Geopolitics Rattle Wall Street At press time, roughly 
an hour before the […]

Wall Street Navigates Risk-off Trade Amid Iran Conflict and Surging Oil Prices

The Bitcoin market appears to be entering a decisive holding phase, with on- 
chain data signaling a steady contraction in active supply. Rather than 
aggressive selling or speculative rotation, a growing portion of circulating 
BTC is moving into long-term storage, reducing the amount readily available 
for trading. This tightening liquidity dynamic reflects rising investor 
conviction, as holders choose accumulation over distribution. How Volatility 
Compression Tightens Bitcoin’s Range In a recent post on X, Joao Wedson, the 
founder and CEO of Alphractal, noted that the Bitcoin 30-Day active supply has 
dropped sharply in recent weeks, which is a clear signal that fewer BTC have 
moved across the network over the past month. Due to this BTC drop, active 
participation has decreased, and the market has become quieter, with fewer 
units changing hands in the short to medium term. Related Reading: Bitcoin’s 
Turbulent Ride: How BTC’s Price Has Fared With Escalating Mid-East Conflicts 
Wedson explains that when this 30-day active supply indicator spikes higher, 
it typically reflects that short-term holders and retail investors are 
experiencing strong emotions. The high peaks in the 30-day active supply often 
coincide with strong retail moments driven by euphoria or panic. This is when 
more coins return to circulation, whether driven by FOMO during rallies or 
capitulation during sharp corrections. Thus, when the indicator declines 
downward, it generally signals the volatility compression, low supply 
rotation, and market participants appear more patient. In simple terms, the 
high 30-day active supply would show emotion, rotation, and active retail 
engagement. Meanwhile, the low 30-day active supply would show apathy, holding 
behavior, and tighter market structural conditions. This 30-day active supply 
is an excellent metric for capturing the market&#8217;s monthly behavioral pulse. 
BTC Enters A Decision Level With Statistical Significance The Bitcoin price 
action is approaching its next pivot on the 3rd, a level that has historically 
produced meaningful reactions. According to a crypto trader known as LP on X, 
reviewing the last eight pivot occurrences, five have resulted in local lows. 
Statistically, that move gives the current Low-Time Frame (LTF) pivot a slight 
tendency to form a bottom, but the context matters. Related Reading: Bitcoin 
Price Explodes Higher, $70K Level Faces Fresh Bullish Assault However, if the 
price sells off into a pivot, the probability of it acting as the local low 
increases. Then, if the price rallies into the pivot, the odds would shift 
toward marking a local high. Over the past several days, the price has been 
volatile but generally has been grinding higher into the upcoming pivot, 
slightly increasing the risk of a level that could form a high. Historically, 
reactions from this pivot have led to moves in the 7% and 9% range, suggesting 
that whichever direction is confirmed could result in a meaningful expansion. 
Featured image from Getty Images, chart from Tradingview.com

Bitcoin Market Enters Holding Phase As Active Supply Contracts

CFTC chairman Michael Selig plans to enable US-listed crypto perpetual futures 
within weeks. The US Commodity Futures Trading Commission (CFTC) is preparing 
to clear a formal path for crypto perpetual futures to operate onshore, in 
what could mark one of…

CFTC chief Selig to open path for US crypto perpetuals

The rollout enables banks and fintechs in 30 European markets to embed 
licensed custody, payments on- and off-ramps and trading through API-based 
infrastructure.

BitGo expands MiCA-compliant crypto-as-a-service across EEA

US Dollar Index strength, fear that BTC miners may liquidate their reserves 
and Bitcoin’s performance compared to stocks raise concerns among investors.

Cryptocurrency price in USD