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Bitcoin’s open interest on centralized exchanges and the CME has returned to pre-November 2024 election levels, signaling market stabilization as BTC rebounds to $83,400 following a recent low of $76,600. Bitcoin Bounces to $83K Amid Open Interest, Futures Basis Normalization Bitcoin’s market activity shows signs of stabilization as key metrics return to levels seen before […]

One crypto exchange’s loss is another crypto exchange’s gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens. Uniswap’s loss was Kraken’s gain after the said whale transferred 2.25 million UNI tokens to the cryptocurrency exchange platform in what analysts believed was an attempt to cut losses. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? Uniswap Down Analysts said that UNI, Uniswap’s native token, posted a weekly loss of 20% after the coin went down by 2.80% in the last 24 hours. The massive loss brought UNI’s price to go down to $5.80 on Wеdnеsdаy. According to a crypto analyst, the drop, which came amid the heightened selling pressure, can be attributed to a large investor who offloaded a big chunk of his UNI tokens and transferred it to another crypto exchange platform. “A whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago,” Lookonchain said. A whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago, likely to cut losses. The whale accumulated 2.25M $UNI($15.57M) at an average price of $6.92 between Sept 7, 2023 and Nov 18, 2024. At its peak, the whale had an unrealized profit of $26.5M but is now down… pic.twitter.com/7pA0glRT4m — Lookonchain (@lookonchain) March 12, 2025 ‘Cut Losses’ In a post, Lookonchain believed that the whale could be ditching an effort to “cut losses” after a considerable unrealized gain from the UNI token vanished. “The whale accumulated 2.25M $UNI($15.57M) at an average price of $6.92 between Sept. 7, 2023 and Nov. 18, 2024,” Lookonchain shared.  At its peak, the market observer said the large investor recorded an unrealized profit of $26.5 million. However, recent market conditions have brought down UNI’s unrealized earnings to only $1.86 million, which might be the primary reason why the whale decided to move $13.71 million worth of UNI tokens to Kraken. Bearish Signal Another crypto analyst observed that indicators showed a bearish picture for Uniswap. Santiment shared his analysis on what could be the future of Uniswap using the on-chain metrics, saying that the Exchange Flow balance increased from -428,920 to 2.23 million within two days. The metric, which tracks the net movement of tokens into and out of exchange wallets, showed that there is a possible surge in selling pressure, indicating that many tokens are being moved into exchange wallets. Another metric, the Supply on Exchanges, illustrated that the token increased by 2.67% in the last 24 hours, which the analyst claimed reinforced the notion of traders offloading their UNI holdings amidst declining confidence in Uniswap’s performance. Previous data showed that such trends usually result in a further decline in the token’s price. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Other market observers checked UNI’s technical indicators, revealing a negative sentiment towards Uniswap’s native token.  The Bollinger Bands showed that it is tightening with the middle band at $7.470. Meanwhile, the upper and lower bands are at $9.332 and $5.608, respectively. Analysts said that the UNI’s price is on the lower band, indicating a strong bearish momentum, which could explain the drop in unrealized profit for the token. Featured image from Medium, chart from TradingView

Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price RSI teases key “bullish divergence”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating.A characteristic lack of momentum at the start of the US trading session persisted, with risk assets still wary of macroeconomic and geopolitical surprises, notably in the form of US trade tariffs.Assessing the current status quo on the daily BTC/USD chart, popular trader and analyst Rekt Capital reported increasing odds of a bullish divergence playing out on the relative strength index (RSI) metric.Here, RSI should make higher lows as the price forms lower lows to indicate waning seller dominance.“Promising early-stage signs of a Bullish Divergence developing,” he wrote in one of the day’s posts on X.“Reclaiming the previous lows of $84k could set price up to further build out this Bull Div.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XAnother post flagged a key horizontal resistance line currently under attack from bulls.“Bitcoin continues to Daily Close below the blue resistance. However, each rejection from this resistance appears to be weakening in terms of follow-through to the downside,” Rekt Capital commented.“If this weakening in the resistance persists… This should open up the opportunity for BTC to finally Daily Close above this $84k resistance, reclaim it as support, and finally trend continue to the upside.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XKeith Alan, co-founder of trading resource Material Indicators, meanwhile focused on the 21-day and 200-day simple moving averages (SMAs). At the time of writing, these stood at $83,740 and $86,800, respectively.“BTC is poised to make another run at reclaiming the 200-Day MA, but it will only count if we get a sustained close above it, AND it is closely followed by an R/S Flip at the 21-Day MA,” an X post on the topic read.BTC/USD 1-day chart with 21, 200SMA. Source: Cointelegraph/TradingViewAlan referenced one of Material Indicators’ proprietary trading tools, calling for an increase in “bullish momentum.”“Notice how Trend Precognition’s A1 Slope line is showing a developing momentum shift,” he commented alongside a corresponding chart. “Reverting from downward momentum is step 1. We need to see an increase in bullish momentum from here, with bids moving higher to stage a sustainable rally.”BTC/USD 1-day chart. Source: Keith Alan/XGold leaves Bitcoin in the dustElsewhere, the S&P 500 saw some welcome relief at the open after dropping 10% from its latest all-time highs to officially begin a technical correction.Related: Bitcoin panic selling costs new investors $100M in 6 weeks — ResearchMeanwhile, gold set new record highs of over $3,000 per ounce as investors sought shelter from turbulent macro conditions.As Cointelegraph reported, Bitcoin broke a key long-term trendline against gold as its relative underperformance in 2025 became all the more visible.XAU/USD 1-day chart. Source: Cointelegraph/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price RSI teases key “bullish divergence”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating.A characteristic lack of momentum at the start of the US trading session persisted, with risk assets still wary of macroeconomic and geopolitical surprises, notably in the form of US trade tariffs.Assessing the current status quo on the daily BTC/USD chart, popular trader and analyst Rekt Capital reported increasing odds of a bullish divergence playing out on the relative strength index (RSI) metric.Here, RSI should make higher lows as the price forms lower lows to indicate waning seller dominance.“Promising early-stage signs of a Bullish Divergence developing,” he wrote in one of the day’s posts on X.“Reclaiming the previous lows of $84k could set price up to further build out this Bull Div.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XAnother post flagged a key horizontal resistance line currently under attack from bulls.“Bitcoin continues to Daily Close below the blue resistance. However, each rejection from this resistance appears to be weakening in terms of follow-through to the downside,” Rekt Capital commented.“If this weakening in the resistance persists… This should open up the opportunity for BTC to finally Daily Close above this $84k resistance, reclaim it as support, and finally trend continue to the upside.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XKeith Alan, co-founder of trading resource Material Indicators, meanwhile focused on the 21-day and 200-day simple moving averages (SMAs). At the time of writing, these stood at $83,740 and $86,800, respectively.“BTC is poised to make another run at reclaiming the 200-Day MA, but it will only count if we get a sustained close above it, AND it is closely followed by an R/S Flip at the 21-Day MA,” an X post on the topic read.BTC/USD 1-day chart with 21, 200SMA. Source: Cointelegraph/TradingViewAlan referenced one of Material Indicators’ proprietary trading tools, calling for an increase in “bullish momentum.”“Notice how Trend Precognition’s A1 Slope line is showing a developing momentum shift,” he commented alongside a corresponding chart. “Reverting from downward momentum is step 1. We need to see an increase in bullish momentum from here, with bids moving higher to stage a sustainable rally.”BTC/USD 1-day chart. Source: Keith Alan/XGold leaves Bitcoin in the dustElsewhere, the S&P 500 saw some welcome relief at the open after dropping 10% from its latest all-time highs to officially begin a technical correction.Related: Bitcoin panic selling costs new investors $100M in 6 weeks — ResearchMeanwhile, gold set new record highs of over $3,000 per ounce as investors sought shelter from turbulent macro conditions.As Cointelegraph reported, Bitcoin broke a key long-term trendline against gold as its relative underperformance in 2025 became all the more visible.XAU/USD 1-day chart. Source: Cointelegraph/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price RSI teases key “bullish divergence”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating.A characteristic lack of momentum at the start of the US trading session persisted, with risk assets still wary of macroeconomic and geopolitical surprises, notably in the form of US trade tariffs.Assessing the current status quo on the daily BTC/USD chart, popular trader and analyst Rekt Capital reported increasing odds of a bullish divergence playing out on the relative strength index (RSI) metric.Here, RSI should make higher lows as the price forms lower lows to indicate waning seller dominance.“Promising early-stage signs of a Bullish Divergence developing,” he wrote in one of the day’s posts on X.“Reclaiming the previous lows of $84k could set price up to further build out this Bull Div.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XAnother post flagged a key horizontal resistance line currently under attack from bulls.“Bitcoin continues to Daily Close below the blue resistance. However, each rejection from this resistance appears to be weakening in terms of follow-through to the downside,” Rekt Capital commented.“If this weakening in the resistance persists… This should open up the opportunity for BTC to finally Daily Close above this $84k resistance, reclaim it as support, and finally trend continue to the upside.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XKeith Alan, co-founder of trading resource Material Indicators, meanwhile focused on the 21-day and 200-day simple moving averages (SMAs). At the time of writing, these stood at $83,740 and $86,800, respectively.“BTC is poised to make another run at reclaiming the 200-Day MA, but it will only count if we get a sustained close above it, AND it is closely followed by an R/S Flip at the 21-Day MA,” an X post on the topic read.BTC/USD 1-day chart with 21, 200SMA. Source: Cointelegraph/TradingViewAlan referenced one of Material Indicators’ proprietary trading tools, calling for an increase in “bullish momentum.”“Notice how Trend Precognition’s A1 Slope line is showing a developing momentum shift,” he commented alongside a corresponding chart. “Reverting from downward momentum is step 1. We need to see an increase in bullish momentum from here, with bids moving higher to stage a sustainable rally.”BTC/USD 1-day chart. Source: Keith Alan/XGold leaves Bitcoin in the dustElsewhere, the S&P 500 saw some welcome relief at the open after dropping 10% from its latest all-time highs to officially begin a technical correction.Related: Bitcoin panic selling costs new investors $100M in 6 weeks — ResearchMeanwhile, gold set new record highs of over $3,000 per ounce as investors sought shelter from turbulent macro conditions.As Cointelegraph reported, Bitcoin broke a key long-term trendline against gold as its relative underperformance in 2025 became all the more visible.XAU/USD 1-day chart. Source: Cointelegraph/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin (BTC) circled $83,000 at the March 14 Wall Street open as traders set out requirements to flip bullish.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price RSI teases key “bullish divergence”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 5% on the day before consolidating.A characteristic lack of momentum at the start of the US trading session persisted, with risk assets still wary of macroeconomic and geopolitical surprises, notably in the form of US trade tariffs.Assessing the current status quo on the daily BTC/USD chart, popular trader and analyst Rekt Capital reported increasing odds of a bullish divergence playing out on the relative strength index (RSI) metric.Here, RSI should make higher lows as the price forms lower lows to indicate waning seller dominance.“Promising early-stage signs of a Bullish Divergence developing,” he wrote in one of the day’s posts on X.“Reclaiming the previous lows of $84k could set price up to further build out this Bull Div.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XAnother post flagged a key horizontal resistance line currently under attack from bulls.“Bitcoin continues to Daily Close below the blue resistance. However, each rejection from this resistance appears to be weakening in terms of follow-through to the downside,” Rekt Capital commented.“If this weakening in the resistance persists… This should open up the opportunity for BTC to finally Daily Close above this $84k resistance, reclaim it as support, and finally trend continue to the upside.”BTC/USD 1-day chart with RSI data. Source: Rekt Capital/XKeith Alan, co-founder of trading resource Material Indicators, meanwhile focused on the 21-day and 200-day simple moving averages (SMAs). At the time of writing, these stood at $83,740 and $86,800, respectively.“BTC is poised to make another run at reclaiming the 200-Day MA, but it will only count if we get a sustained close above it, AND it is closely followed by an R/S Flip at the 21-Day MA,” an X post on the topic read.BTC/USD 1-day chart with 21, 200SMA. Source: Cointelegraph/TradingViewAlan referenced one of Material Indicators’ proprietary trading tools, calling for an increase in “bullish momentum.”“Notice how Trend Precognition’s A1 Slope line is showing a developing momentum shift,” he commented alongside a corresponding chart. “Reverting from downward momentum is step 1. We need to see an increase in bullish momentum from here, with bids moving higher to stage a sustainable rally.”BTC/USD 1-day chart. Source: Keith Alan/XGold leaves Bitcoin in the dustElsewhere, the S&P 500 saw some welcome relief at the open after dropping 10% from its latest all-time highs to officially begin a technical correction.Related: Bitcoin panic selling costs new investors $100M in 6 weeks — ResearchMeanwhile, gold set new record highs of over $3,000 per ounce as investors sought shelter from turbulent macro conditions.As Cointelegraph reported, Bitcoin broke a key long-term trendline against gold as its relative underperformance in 2025 became all the more visible.XAU/USD 1-day chart. Source: Cointelegraph/TradingViewThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.