#DXY UPDATE :

#DXY played as per the call, market dumped strong this week and expected the same for this week too. Index goes into the sideways and now and also below thew Support too. We, might have a relief rally in between and then later on we can see dip.

Bitcoin's current market pattern resembles 2015-2018, though we won't likely see the same 100x growth since we're starting from a higher price of $15.6k. What's notable is that since the FTX crash, price drops have stayed small (under 25%) despite Bitcoin's much larger market size. This stability comes from Wall Street's growing acceptance and new spot ETFs bringing in fresh buyers, showing how Bitcoin has matured as an investment.

#ETH had a super huge rejection and closed with a small bullish candle with rejection wick too huge. Price still driving lower and broke the area and expected to continue to move lower around 50% of the wickfill.

#BTC had a weekly closed with Rejection both side and Daily candle price nearly body to body. Price again rejected from the $100,000 area and this week we can expect some drop to happen.

#US30 UPDATE :

#US30 did a reversal and attempted the break of all time high, and rejected hard from the major resistance area around 45,000. Index looks bearish at this point and can go further lower towards 44,000 area.

When Bitcoin's price rises, long-term holders (people who've held Bitcoin for a long time) start selling some of their coins to take profits. For the price to keep going up, new buyers need to step in and purchase these coins at higher prices. Recently, this pattern has been strong - since December 2023, about 1.2 million Bitcoin have moved from long-term holders to new buyers, with 1.1 million of those coins being bought at prices above $90,000. This shows there's significant demand even at these high price levels.

MSTR Bought another 7633 Bitcoins and now holds 478740 BTC in the bag 🙌

What Is Virgin Bitcoin?

A virgin Bitcoin is a Bitcoin that has never been spent. This Bitcoin comes directly from a miner and has no transaction history. Virgin Bitcoins have been a topic of great discussion in the Bitcoin community but are difficult to acquire in practice.

How Does a Virgin Bitcoin Work?

A virgin Bitcoin comes directly from a miner that has won the block reward. It can thus only be acquired in a P2P trading manner. Some miners have tried to advertise their Bitcoin as virgin Bitcoin to attract buyers and potentially sell Bitcoin at a premium.

How New Bitcoins Are Mined

The Bitcoin mining process involves computers competing to solve complex mathematical problems that validate transactions and mint new coins as rewards. These newly generated Bitcoins are immediately sold by miners to cover costs, so they enter circulation quickly through exchanges. This means freshly mined coins cannot maintain virgin status for long before being spent.

Where Can I Buy a Virgin Bitcoin?

Such coins are quite rare, and there are several reasons for this:

Mining Pools

Mining is contemporarily done by mining pools, which limit the variance of finding new blocks on the blockchain. Generally speaking, mining pools add a few steps to the mining process, which makes the delivery of virgin Bitcoins difficult to realize.

Transfers

Each transfer of a Bitcoin raises its risk profile and erodes its virgin status. Miners struggle to realize premiums for newly mined coins since they must immediately sell them to cover costs, forfeiting virginity. Even long-dormant coins lose purity after a first transaction. The ephemeral nature of Bitcoin virginity through ownership changes undermines the ability to consistently verify virgin status. This impedes meaningful price discovery and premiums as coins transfer between buyers.

UTXO

Unspent transaction outputs (UTXO) are outputs of a blockchain transaction that has not been used as input in a new transaction. Bitcoins have no persistence, unlike bills that are imprinted with serial codes. Bitcoins are more akin to bars of gold that are melted down and re-formed with each transfer. Therefore, virgin Bitcoins lose their identity once they are transferred since they lose their main attribute when they start circulating. Once a virgin Bitcoin becomes part of a Bitcoin UTXO, it is part of the other quantity of Bitcoins that cannot be differentiated.

Using Blockchain Analytical Tools To Find Virgin Coins

Identifying virgin Bitcoins involves using analytics tools to match newly mined coins with subsequent transactions. Coins that appear to have sat idle could indicate virgin status. However, blockchain analysis has limitations in detecting the status. Some Bitcoin enthusiasts use their own methods to find long inactive coins and wallets that may contain untouched virgin treasure.

Waiting for Bitcoin in Old Wallets

Analyzing old Bitcoin wallets that have been inactive for years offers the opportunity to discover virgin coins. Wallets that suddenly wake up after dormancy and move Bitcoin likely contain virgin coins untouched for long periods of time.

Why Institutions Want Virgin Bitcoin

Institutional investors and funds tend to be extremely wary of the potential for illicit history of some Bitcoins. Virgin coins with no transaction record offer immunity from this risk, making them ideal for risk-averse institutions. Investing in verifiably untouched Bitcoin allows them to meet internal compliance and audit standards with greater ease.

Current Premium for Virgin Coins

There is substantial demand for virgin Bitcoin, resulting in premiums around 10-15% above the regular market price. However, basic supply and demand economics indicate these premiums could surge even higher as more investors seek untouched Bitcoin. This scarcity makes holders able to command even larger premiums for their rare virgin coins.

#POL ANALYSIS :

#POL dropping after a random high made and reached the listing price of the Binance. Price already on a key support zone around $0.28 - $.30 and forming a small triangle pattern too. Breakout doesn't means it a reversal from here, You can attempt small buys only and shorting can be good if market remains bearish.

#BTC forming a buying curve after the rejection from the support last week. Again the obstacle would be the $100,000 mark and might reject also. Fundamentals are driving the price movement so look for HTF candles closing for additional confirmations.

#GOLD UPDATE :

#GOLD kept on forming the new #ATH every days and it again happened todays also. Our bottom executions are going well. Retest were very minor at this point. Looking for a deeper retest for buys and anticipating the $3000 area as a rejection point.

What Is Virtual Automated Market Makers (vAMMs)?

Virtual Automated Market Makers (vAMMs) are based on the concept of the automated market maker (AMM). The AMM is a system that provides an automated smart contract platform where traders can perform token swaps using liquidity from liquidity providers. Building on this foundation, the virtual Automated Market Maker (vAMM) is a new type of AMM that expands its application from token swaps to derivatives, such as perpetual contracts.

An AMM-based exchange has two types of users: liquidity providers to provide tokens, and traders to swap available tokens. The prices at which swaps occur are determined by a mathematical formula. As the “virtual” part of vAMM implies, rather than swapping real tokens, vAMMs are used to swap virtual, synthetic assets like derivatives contracts. No real assets are stored inside the vAMM itself; instead, traders are able to make leveraged trades based on collateral stored in a smart contract vault.

vAMMs are used for price discovery in handling leverage but not for spot trading. Every time a trade is made, the vAMM calculates the entry or exit price in the same way prices are calculated on AMM-style exchanges. While first-generation vAMMs used a fixed formula for calculating prices, second-generation vAMMs use a concentrated liquidity design along with virtual tokens to allow makers to provide liquidity with leverage.

When long-term Bitcoin holders sell to new buyers, it creates waves in the market. We've seen two major selling waves in 2023-25, similar to patterns in 2021 and 2017. Usually, prices keep rising for about a month after these big sells, but eventually buying demand drops off and the market cools down, leading to a period where people prefer holding rather than trading.

Here's the Analysis of #ENA :

#ENA is broke the another major level of support turning it into a major resistance now around $0.48 - $0.50. Price also broke the Supporting trendline and approaching towards the next major key area around $0.35 - $0.37. Buys could happen from there but could not last long. Look for shorts till there will be good.

#BTC didn’t moved alot instead price dipped lower break the inter intermediate support areas. Still price likely to form a curve and push a high towards the $100,000 area.

#SANTOS failed to sustain over the support as expected, and gave a close below candle. Price already reached the final support and nearby listing price, where price must need to sustain as will be no reference to the left and shorting will be high probable.

While Bitcoin held on exchanges has dropped from 3.1M to 2.7M BTC since July 2024, this doesn't tell the whole story. Many people think this drop means individual investors are taking their Bitcoin off exchanges to hold long-term, which would reduce available supply and push prices up. However, what's likely happening is that much of this Bitcoin is simply moving to ETF custodians like Coinbase - it's more of a reshuffling than a real reduction in tradeable supply.

Here's the Analysis of #AI :

#AI broke the final key area of $0.30 - $0.33 and there's no clear support area looking left. Price now only have a reference point of listing price. For buys we need to see some sort of flip over of resistance now.