Overview
- CryptoQuant reports the Exchange Whale Ratio at a six-year high, a level that has often clustered near local bottoms in past cycles.
- Santiment says wallets holding 10–10,000 BTC resumed net accumulation around $71,000, lifting their share of circulating supply.
- U.S. spot Bitcoin ETFs recorded a five-day streak of net inflows totaling about $767 million, helping restore market liquidity.
- Bitcoin traded near $73,000 with resistance around $74,000–$75,000 and support near $68,000–$70,000 after recovering from early-March dips.
- Retail participation sits near cycle lows as long-term holder MVRV hovers around −25% and funding rates stay negative, leading some analysts to warn the broader correction may not be over.