Bitcoin is trading at $62,377 at time of writing, sitting on and breaking beneath the lower channel line of the ascending channel that has defined its structure since 2022, with the June monthly close now one of the most important data point for Bitcoin's long-term chart structure.
Latest articles by Kosta Gushterov
The cryptocurrency market correction following the 2025 bullish cycle has provided a stark reminder of digital asset volatility. To assess the structural impact of this market shift, in this report we measure the precise percentage drawdowns from the 2025 highs of seven large cryptocurrencies.
A four-month high in miner inflows to Binance, $1.61B in forced liquidations, and an RSI at 18.33 arrived in the same session - each pressure point independent, each amplifying the others.
CoinGlass data confirms 185,298 traders liquidated in 24 hours for $939.87M, with $755.95M from long positions, as BNB, ETH, and ADA lead 24-hour declines across major assets.
Behind the three fastest-growing chains in May sits a governance takeover, a protocol-level fee removal, and a reliability crisis that the headline numbers do not show.
Strategy needs Bitcoin to recover 15% before its $63.87B cost basis turns positive. At current prices, that gap is widening.
Every Bitcoin bull market has ended in a sharp correction. The depth and duration of each drawdown follows a recognizable pattern — and understanding where the current cycle stands against history is the most honest framework for assessing what comes next.
Santiment data confirms the largest holder cohort shed more than 24,000 BTC last week while micro wallets accumulated, a behavioral split that historically precedes either a capitulation floor or an accelerated breakdown depending on which group reverses first.
ETH has shed 5% in 24 hours and 10% on the week, returning to levels last seen during the February 2026 capitulation, while on-chain data reveals a deepening structural divide between its liquid and illiquid supply layers.
CryptoQuant data confirms Binance's 30-day retail inflow sum reached $9.197B on June 1, the highest reading since November 2025, as mid-term holders accelerate distribution into a market now trading at $68,900.
One of the largest custody platforms in the world is moving beyond retail crypto and building the infrastructure for independent advisors to manage client digital assets natively.
Fear and Greed hits 31 as $751 million in positions get wiped out and nearly every major asset posts losses on the day.