Silver and gold have ripped to record highs on a historic short squeeze, weak 
dollar, and Fed‑cut hopes, while Bitcoin and Ethereum lag as higher‑beta, 
liquidity‑sensitive hedges that could catch up if macro stress and easing 
continue. Silver and gold…

Silver bulls eye $110 breakout as short squeeze and Fed bets collide with BTC in the crosshairs

Dash price is bouncing from key Fibonacci support near $60, and if momentum 
holds, bulls may be positioning for a renewed rally toward the $97 yearly 
high.

Dash price rallies as fibonacci support holds: Is a new yearly high next?

Revolut is planning to apply for a US banking license through the OCC after 
previously considering a bank acquisition that could have required branch 
commitments.

Revolut drops takeover plans, seeks US banking license: Report

Bitcoin price is consolidating below former range highs, and a developing bear 
flag pattern suggests downside risk remains elevated with $80,000 emerging as 
the key support level.

Bitcoin price risks further decline as bear flag formation emerges

Crypto researcher Axel has provided insights into why the Bitcoin, Ethereum, 
and Solana prices are still crashing. This comes as BTC continues to see a 
supply overhang, which threatens to put more downward pressure on crypto 
prices. Why The Bitcoin, Ethereum, and Solana Prices Are Still Crashing In a 
research report, Axel noted that anomalous exchange inflows accompanied the 
BTC breakdown below the $90,000 zone as sellers prepared in advance. The 
market is also still at risk of further selling pressure as the 1.0 level of 
the short-term holders&#8217; SOPR is now acting as a resistance rather than 
support. As such, there is a possibility that Bitcoin, Ethereum, and Solana 
prices will decline further. Related Reading: Altcoin Season In Q1? Bitcoin, 
Ethereum Breakdown Maps Out Performance Further commenting on Bitcoin netflows 
into exchanges, Axel noted that between January 20 and 21, almost 17,000 BTC 
flowed into exchanges, coinciding with BTC dropping to as low as $87,000, 
while Ethereum and Solana prices also dropped. The crypto researcher explained 
that these anomalously high values followed a period of predominantly negative 
netflow in the first half of this month. In the context of the falling Bitcoin 
price, Axel stated that such a spike is more likely to reflect supply 
preparation than neutral transfers. In other words, the breakdown below 
$90,000 appears to be structural rather than emotional. Meanwhile, Bitcoin 
netflow returned to neutral levels yesterday, but the accumulated inflow still 
creates a supply overhang, which could lead to further declines in the prices 
of Bitcoin, Ethereum, and Solana. Axel noted that a signal of improvement 
would be if netflow turns negative again amid rising prices, which could 
indicate that the overhang has cleared. However, with the short-term holders’ 
7-day SMA SOPR below 0.996, the crypto researcher suggested that BTC faces 
increased selling pressure on every recovery as these holders look to sell at 
breakeven. He added that a reversal trigger could be confirmed if the SOPR 
breaks above 1.0 from below, with the 7-day SMA holding unity for three to 
five days to filter out false spikes after the selloff. Why A Break Above 
$100,000 Looks Unlikely For Now In its latest research report, on-chain 
analytics platform Glassnode explained that a Bitcoin rally above $100,000 
looks unlikely for now as the supply overhang persists. They noted how this 
overhang supply above $98,000 remains the dominant sell-side force capping 
short to mid-term rebounds. Related Reading: Bitcoin Price Following The 2022 
Fractal? Here Was The Previous Outcome Alluding to the Unspent Realized Price 
Distribution metric, Glassnode noted that the recent BTC rally has partially 
filled the prior air gap between $93,000 and $98,000, driven by redistribution 
from top buyers into newer market participants. However, the unresolved supply 
overhang is expected to likely cap attempts above the $98,400 short-term 
holders’ cost basis and the $100,000 level. A meaningful and sustained 
acceleration in demand momentum is said to be required for a clean breakout 
above $100,000 to occur. Featured image from iStock, chart from 
Tradingview.com

Cryptocurrency price in NOK