JUST IN: IN ITS LARGEST SALE SO FAR BLACKROCK'S $IBIT ETF SOLD $418M WORTH OF BITCOIN TODAY AND YESTERDAY $BTC ETF CUMULATIVE OUTFLOWS HAD A RECORD HIGH OF $1.13B

Over 200B have been wiped from the $TOTAL market cap over the last 24 hours

Fear and Greed Index is down 24 points in just one day from neutral at 49 all the way to 25, which is Extreme Fear

We just released our new Narrative Tracker, which is the only tool in the crypto space that tracks both historical volume and market cap for 18 crypto narratives and plots it onto a chart so that you can analyze sector performance, identify emerging trends, and potential market rotations.

94.42% of the total supply of Bitcoin has already been mined and only about 1,170,000 $BTC are left to mine. Do you hold any?

At 0.71%, currently $ETH is at its lowest 200WMA change value since November 2020 when it was trading at $476 per coin.

AI is today's best performing sector when it comes to trading volume, which increased over 100% on the day, adding 2 billion to its market cap.

Really soon we're going to launch a new tool that no one has yet built in the crypto space. What's it going to be?

It's the second time in 12 months that Pi Cycle Top indicator shows that the macro top was hit for $OM, but the token doesn't stop growing. Is there something about Mantra that we don't know?

That was enough blue, thank you. Now run it all back turbo.

We're incorporating more and more data to our platform and in the next couple of weeks we will release a new free tool that will offer analytics on the historical daily, session, and hourly returns for Bitcoin and Ethereum. Stay tuned.

Less than two weeks ago the Bitcoin Fear and Greed Index was at 76 points in the Extreme Greed zone and since then it plunged an unbelievable 30 points to 46 to the Neutral area whilst $BTC is down only $4,000.

$ETH is hanging at the very edge of what's considered the beginning of the oversold zone at $2500, according to the 2-Year MA Multiplier indicator.
During the last two cycles Ethereum surged to at least EQ line, which now sits at $7500, or even above the top 2YMAx5 line that is now located at $12,500. Is it finally the bottom for $ETH or is this time different?

The market is extremely oversold on the daily timeframe with the average RSI of 31.87 and neutral to slightly oversold on the weekly timeframe where the average RSI for the top 100 coins sits at 44.90.

While you just removed .eth from your handle and cursing Vitalik because your alts are down at least 300%, BlackRock is buying your Ethereum. Yesterday $ETHA had the second highest inflow ever of 276.2M and so far has purchased over $4.5B of $ETH.

Even though the sentiment about $BTC January performance on CT was pretty negative, the last month's Bitcoin returns were in line with the average historical profits at 9.5% EOM.
What about this month then? Usually February is a very favorable month when it comes to Bitcoin returns and it's considered to be as one of the year's best months together with October and November, with the average $BTC historical monthly returns of 16.02%.
If the history repeats itself this year, we might see the orange coin trading at $119,000. What are your expectations for February?

Funding rates turned negative for $BTC and all major altcoins throughout all exchanges.

Out of six macro cycle top indicators available on our platform that worked every cycle since 2011, none show that the current cycle top is in.
Five of them show that the top is nowhere near and only one shows that the cycle might be topping out soon, however it's not there yet.
MVRV Z-Index: current value 2.72, usually tops out at 7
2 Year MA Multiplier: marks the top at $253,000
Puell Multiple: current value 1.24, usually tops out at 3.5
200WMA Heatmap: current value 2.22%, usually tops out above 10%
Pi Cycle Top: Far from topping out
NUPL: current value 0.59, usually tops out at 0.75
What

We keep releasing new analytics tools every month and since currently there are almost 40 of them on Trading Digits we decided to add a search bar to the side menu so that you can quickly find your favorite tools.