Alpha updates. 🪓

GM all ☀️ BoJ hike is finally done. now feels good to get that out of the way finally.. They went with 25 bps. many were already expecting more, so this didn’t really surprise anyone. And the reaction kind of shows that. Japan stocks were up, yen didn’t do much, and crypto is holding up fine. no meltdown. which almost everyone expected as i have been sharing with you since last few days, majority of the fear of rate hike is priced in already. this played out well even crypto is holding up well $BTC up around 1.5%, $ETH around 3%. lets see how price behaves without this constant BoJ fear and uncertainty in the background.

https://x.com/Axel_bitblaze69/status/2001357008004608250

U.S. Core CPI slowed to 2.6% in November, the lowest since March 2021.🔥 Low inflation and high unemployment mean more rate cuts are coming...

Long-term Bitcoin holders have sold close to 1 million BTC in the last 30 days, which is the highest level ever. In past cycles, this kind of selling usually shows up when the market is already deep into a bull run, and early buyers start booking profits instead of adding more risk. At the same time, Bitcoin sharks have bought 269,822 BTC during the same period, the biggest accumulation seen in 13 years. This tells us that while older holders are taking money off the table, new large players are stepping in confidently and buying at these price levels. When both things happen together, it usually means the market is changing hands, not breaking down. Bitcoin appears to be in a late-bull transition phase, where volatility picks up, leadership rotates from early holders to new strong hands, and price action becomes slower and more selective. This kind of phase usually comes with sharp moves in both directions, but it doesn’t mean the market has topped or a straight-line crash.

https://x.com/axel_bitblaze69/status/2001567246213390476

Ethereum whales currently have almost no unrealized profit, meaning their average buying price is very close to the current ETH price. Even after the recent price drop, they haven’t been selling instead, they have continued accumulating more ETH. This behavior suggests they don’t see the cycle as over; if they did, they would be taking profits, not buying more. From the whales’ point of view, the current price range looks like a good accumulation zone, close to local lows

🚨 $HYPE Supply Update Hyper Foundation has proposed a validator vote to officially recognize the Assistance Fund $HYPE as burned 🔥 The address holds 37 million HYPE. If approved, these tokens will be treated as burned, reducing circulating supply by ~11%. The final decision will be made through stake-weighted consensus, with voting concluding on Dec 24.

Yesterday, BitMine acquired 102,259 ETH. Yesterday, Strategy added 10,645 BTC. Today, Bitcoin drops to $86K. GM

The IFP indicator is in red territory, means liquidity flow between exchanges is slowing down. When IFP is healthy, liquidity is strong & order books are thick, helps price reacts smoothly. But when IFP drops, even small trades can move price sharply. At the same time, exchange balances are already at historic lows. Low supply may support price short term, but it also means thin order books. Once price starts moving, slippage increases fast and volatility spikes. Low IFP + low exchange balances making Bitcoin vulnerable to sudden volatility risks.

Despite the price action, the total amount of Bitcoin held by public and private companies has continued to grow, rising from 197,000 BTC to 1.08 million BTC, an increase of around 450% since January 2023.