XRP has remained under pressure amid a broader crypto market pullback. The token continues to trade below a persistent downtrend line that began at the start of the year. Multiple breakout attempts have failed, reinforcing bearish control in the short term. Despite the ongoing decline, historical patterns suggest this phase may precede a recovery rally. Similar technical setups have marked turning points in the past. Notably, July 2024. XRP Could See Its History Repeated The Market Value to Realized Val ...

Ethereum has extended its recent decline, slipping toward the $2,000 level. At first glance, the pullback appears to be stabilizing. However, on-chain data suggests the weakness may not be over. While ETH is hovering near a key level, underlying metrics reveal persistent stress; there is a chance that this cycle mirrors prior downturn patterns. Ethereum Can Repeat History Ethereum fell below its Realized Price toward the end of January. Since then, ETH has remained trapped under this crucial on-chain be ...

Core Insights - The broader cryptocurrency market is experiencing renewed selling pressure, with total market capitalization dropping below $3 trillion [1][2] - The rise of the Japanese yen has raised concerns about a potential unwind of the yen carry trade, negatively impacting risk-on assets like cryptocurrencies while boosting safe-haven assets such as gold and silver [1] - On-chain data indicates that the crypto market may be undervalued, presenting potential investment opportunities [2][3] Market Dynamics - In the last 24 hours, the crypto market has lost the $3 trillion support level, with liquidations exceeding $670 million, predominantly from long positions [2] - The 30-day Market Value to Realized Value (MVRV) metric shows a negative trend, suggesting that the average trader is currently at a loss, which could create entry opportunities [3][4] - Major altcoins like Ethereum, XRP, Chainlink, and Cardano are also in negative MVRV territory, ranging from -5% to -10% [4] Bitcoin Analysis - Bitcoin's daily stochastic indicators are at low levels of 15-16%, indicating that the asset is in extremely oversold territory [4] - Despite these indicators, Bitcoin has been on a downward trend since reaching peaks above $125,000 in mid-2025 [5] Gold and Bitcoin Relationship - Analysts suggest a potential shift from gold to Bitcoin is likely, as evidenced by a significant drop in the BTC-to-gold ratio, indicating an imbalance between the two assets [6] - Gold prices have recently surpassed $5,000 amid ongoing macroeconomic uncertainty, prompting expectations for capital to rotate from gold into Bitcoin to restore equilibrium in the BTC-to-gold ratio [6][7]

Core Insights - Ethereum (ETH) experienced a significant price drop of over 12% in early November, reaching a low of around $3,000, which is its lowest point in nearly four months [1][2] - Major holders, referred to as "whales," have aggressively bought the dip, accumulating approximately $1.37 billion worth of ETH over three days, indicating strong confidence among large investors [1][3] - The average buying price during this accumulation was $3,462, with notable purchases from entities like an "Aave whale" and Bitmine Immersion Technologies [3][4] Accumulation by Major Holders - Eight major entities collectively purchased 394,682 ETH valued at around $1.37 billion during the recent downturn [3] - The largest buyer, an "Aave whale," acquired 257,543 ETH for approximately $896 million [3] - Bitmine Immersion Technologies, the second-largest buyer, purchased 40,719 ETH for about $139.6 million, continuing its strategy of accumulating ETH during market dips [4][5] Market Behavior and Trends - Ethereum exchange reserves have dropped to their lowest level since 2016, suggesting that investors are moving their holdings into long-term storage, which may reduce selling pressure and support potential price increases [6] - On-chain analytics from Santiment indicate that Ethereum is signaling a strong buying opportunity based on the Market Value to Realized Value (MVRV) metric, with traders currently facing average losses of 12.8% [7]