hodler

27 Apr 2026, 00:01

XRP's Price Recovery Pattern Finally Finished, Ethereum (ETH) $3,000 Breakout Attempt Invalidated, Minor Shiba Inu (SHIB) Uptrend Continues: Crypto Market Revie...

The market isn't going down, but even ascending structures we see today aren't relevant and do not bring enough use to the table.

27 Apr 2026, 00:00

XRP Flashes Rare On-Chain Signal As Massive Exchange Outflow Spike Emerges

XRP has entered the final stretch of April with one of its strongest on-chain accumulation signals of the year . Data from Santiment shows that 34.94 million XRP left exchanges in a single 24-hour period on April 24, making it the sixth-largest exchange outflow day recorded so far in 2026. The move comes as XRP is trading around $1.43, having clawed back from the $1.30 levels that defined much of early April. Millions Of XRP Leave Exchanges In Major On-Chain Signal Exchange outflows measure the volume of tokens being withdrawn from trading platforms into private wallets, and this is a bullish move that shows holder intent to accumulate their tokens. According to data from on-chain analytics platform Santiment, XRP investors recently went through one of their highest 24-hour accumulations from crypto exchanges so far this year. Notably, Santiment’s data shows that XRP’s latest outflow spike reached 34.94 million tokens in one day. These 34.94 million XRP tokens that flowed off exchanges rank as the sixth-largest such event within 2026 alone. Santiment’s XRP exchange outflow chart shows that each of the largest outflow spikes this year, occurring in early January, late January, early February, late February, and late March, was subsequently accompanied by bullish price action. In each instance, the drawdown in exchange-held supply gave way to a price recovery within days. XRP Exchange Outflows. Source: @santimentfeed On X XRP Entering Wave 3 Expansion Setup While on-chain data is pointing to accumulation, technical analysis from crypto analyst EGRAG CRYPTO laid out a macro-level Elliott Wave framework on the monthly chart that could guide XRP’s price trajectory through 2026 and into 2027. The guide is based on the monthly 50 EMA, which XRP is currently holding as support. According to EGRAG, price wicked down to the 100 EMA on the monthly timeframe in the previous market cycle before recovering. However, this cycle is unlikely to repeat that depth. As it stands, the 50 EMA is the primary accumulation zone, while any wick to the 100 EMA would represent what the analyst describes as a rare, once-in-a-cycle entry opportunity. The 100 EMA is currently around the $0.96 price level. The analyst’s bigger contention is that XRP may be moving from Wave 2 correction into Wave 3 expansion. Wave 1 constituted XRP’s initial breakout to new all-time highs in 2025, Wave 2 is the correction that the price is completing now, and Wave 3 is the expansion phase that’s about to kick off. XRP Price Chart. Source: @egragcrypto On X In Elliott Wave analysis, Wave 3 is often treated as the strongest part of a trend. The monthly chart maps Wave 3 targets using the 1.618 Fibonacci extension of Wave 1, with a projected range between $15 and $31 if the price action plays out this way. Featured image from Unsplash, chart from TradingView

27 Apr 2026, 00:00

Crypto market’s weekly winners and losers – H, MemeCore, Ethena, TRUMP

This week, protocols led both the gains and declines, showing mixed momentum in the altcoin space.

26 Apr 2026, 23:50

Wall Street wants quantum profits, but banks still disagree on whether the technology is ready or still years away

Folks, the quantum trade is already on Wall Street’s screen, but the boys can’t seem to agree on when this potential tool of doom actually becomes useful. Though to be fair, Goldman Sachs (GS) once looked early in the race. I mean, just three years ago, the bank hired a small group of scientists and worked with Amazon (AMZN) to test whether quantum computing could help wealthy clients get stronger portfolio returns. The test was kind of a smack on Goldman’s face, as they had to find out that the algorithm would need millions of years to finish the task. The computer would also need at least 8 million logical qubits, which are protected quantum bits used to build a reliable machine. Today’s systems still have fewer than 100. Banks are chasing quantum gains as the hardware still falls far short Goldman later cut most of that team during a wider cost-cutting round. JPMorgan Chase (JPM), meanwhile, went the other way, keeping more than 50 physicists, computer scientists, and mathematicians working on optimization, machine learning, and cryptography. Some on the Street think quantum will be the next big computing trade after artificial intelligence, while others are not ready to spend heavily on a tool that still has limited use in real business. Tech and market experts say quantum computing could help with drug research, machine learning, finance risk models, and other hard problems that normal computers struggle to solve. The issue is the clock we’re working with. Useful quantum systems are still seen as years away since they use physics such as superposition and entanglement. A normal computer works with bits, which are either 0 or 1. A qubit, short for “quantum bit,” can exist as a mix of two states before it is measured. When the machine handles qubits in the right way, wave effects can raise the chance of getting the needed answer. A large quantum computer could run some calculations far faster than a classical computer; it could also help physicists run physical simulations and break some common encryption systems. Another super interesting angle to the story is Xanadu Quantum Technologies, whose founder, Christian Weedbrook, became a billionaire within literally 6 days of the company going public. Christian’s stake in Xanadu was valued at about $1.5 billion by midday Friday after the company’s value more than tripled during the week, and Xanadu closed at $31.41 on Friday, up by 251% on the weekly charts, per data from Google Finance. Xanadu says it plans to build one of the first quantum data centers by 2030, and it uses photons, or light particles, sent through fiber-optic links. Then, we have the most valuable company on earth (Nvidia), which released open-source artificial intelligence models on Tuesday to support research in quantum computing. Google lowers the bitcoin threat estimate as exposed wallets face the bigger risk Now let’s talk about the elephant in the room: Bitcoin. But first, a trip down memory lane, all the way to 1994, when mathematician Peter Shor created Shor’s algorithm, a method that can break the trapdoor behind some cryptographic systems. Peter’s algorithm solves the discrete logarithm problem efficiently. A classical computer would need longer than the universe has existed for some versions of that math. Shor’s method handles it in polynomial time, where the difficulty grows slowly as numbers get larger. The algorithm has been known for more than 30 years. Bitcoin still works because no one has built a quantum computer with enough stable qubits to keep coherence through the full attack, but we wonder:- how many qubits would be enough? Previous estimates had pointed to millions of physical qubits, but last month, Google (GOOGL, GOOG) released an investigative report that reduced that number to fewer than 500,000. The paper also laid out a more direct attack path. Part of Shor’s algorithm depends only on fixed elliptic-curve data. That data is public and the same for every Bitcoin wallet. A future quantum machine could do that part early and wait in a ready state. Once a public key appears, either in the mempool during a transaction or on-chain from an earlier spend, the machine would only need to complete the second stage. Google’s report estimated this part will take about nine minutes to be done, whereas Bitcoin’s average block time is 10 minutes, so that gives a potential attacker a short window (41% to be precise) to calculate the private key and submit a competing transaction that sends the coins somewhere else. The larger issue is already sitting on the blockchain, where 6.9 million bitcoin, roughly one-third of the total supply, is held in wallets where the public key has already been exposed forever. Those coins face an at-rest attack. But again, who knows when the danger will actually get here? The smartest crypto minds already read our newsletter. Want in? Join them .

26 Apr 2026, 23:40

Bitcoin Long Positions Pile Up as BTC Consolidates Around $77.5K, Fueling Long Squeeze Risk

BitcoinWorld Bitcoin Long Positions Pile Up as BTC Consolidates Around $77.5K, Fueling Long Squeeze Risk Bitcoin long positions are piling up in the futures market as the leading cryptocurrency consolidates around the $77,500 price level. Data from Coinglass reveals that the long/short position ratio has exceeded 3-to-1, meaning long positions are more than three times larger than short positions. This imbalance signals a strong bullish bias among traders, but it also raises the risk of a long squeeze that could amplify losses during a sharp decline. Bitcoin Long Positions Signal Bullish Bias The accumulation of leveraged long positions reflects growing confidence in Bitcoin’s ability to hold above $77,000. However, BeInCrypto’s analysis warns that such one-sided positioning often fuels short-term trend reversals. The long/short ratio data from Coinglass shows that since the beginning of April, $71 million in long liquidation orders have stacked below the $77,300 mark. This concentration of leverage makes the market vulnerable to sudden price drops. Traders using high leverage face increased risk. If Bitcoin’s price falls below key support levels, automated liquidations could trigger a cascade of selling. This scenario, known as a long squeeze, occurs when forced selling pushes prices lower, causing further liquidations. The current market structure suggests that any break below $77,000 could accelerate downward momentum. Understanding the Long Squeeze Risk A long squeeze happens when a large number of leveraged long positions are liquidated simultaneously. This creates a feedback loop where falling prices trigger more liquidations, amplifying the decline. The Bitcoin futures market currently shows a high concentration of long positions, making it susceptible to this type of event. Coinglass’s liquidation map provides a clear picture of the risk. Below $77,300, a wall of $71 million in long liquidation orders awaits. If Bitcoin’s spot price dips below this level, these orders could be executed rapidly. The result would be a sharp drop that catches overleveraged traders off guard. Historical Context of Long Squeezes Similar patterns have occurred in the past. In March 2023, Bitcoin experienced a long squeeze that saw prices drop by over 10% in a single day. The current setup shares characteristics with that event, including a high long/short ratio and concentrated liquidation levels. Traders should monitor the $77,000 support level closely, as it acts as a critical threshold. Market analysts emphasize that such imbalances are not sustainable. The longer Bitcoin consolidates without a clear breakout, the more pressure builds. A decisive move above $78,000 could invalidate the bearish scenario, but failure to hold $77,000 could trigger the long squeeze. Bitcoin Futures Market Dynamics The Bitcoin futures market operates 24/7, with traders from around the world placing leveraged bets. The long/short ratio is a key metric that reflects market sentiment. A ratio above 2-to-1 is considered extreme and often precedes a reversal. The current ratio of 3-to-1 indicates that bullish sentiment is at an elevated level. Data from multiple exchanges confirms this trend. Binance, Bybit, and OKX all report similar ratios. This uniformity suggests that the bias is widespread rather than isolated to a single platform. The concentration of long positions increases the potential impact of a long squeeze across the entire market. Leverage and Liquidation Levels Leverage amplifies both gains and losses. Traders using 10x or 20x leverage face rapid liquidation if the market moves against them. The current liquidation map shows that the majority of long positions are clustered just below $77,300. This creates a zone of vulnerability that traders must watch. Short positions, on the other hand, are relatively scarce. This imbalance means that a short squeeze is less likely. Instead, the market is skewed toward a long squeeze scenario. If Bitcoin’s price falls, the lack of short positions to absorb selling pressure could accelerate the decline. Impact on Retail and Institutional Traders Retail traders often use high leverage to maximize returns. This strategy works well in trending markets but fails during sudden reversals. The current consolidation phase tests the patience of these traders. Many have added to their long positions, expecting a breakout above $78,000. Institutional traders, meanwhile, tend to use lower leverage and focus on hedging. Their presence in the futures market is more measured. However, the overall long/short ratio still reflects a net bullish bias. This suggests that even institutional players are leaning long, though with less aggressive leverage. Key Support and Resistance Levels Bitcoin’s price action around $77,500 is critical. The $77,000 level serves as immediate support, while $76,000 provides a secondary floor. On the upside, resistance sits at $78,000 and $79,000. A break above $78,000 could trigger short covering, pushing prices higher. Traders should watch for volume confirmation. A move above $78,000 with strong volume would signal genuine buying interest. Conversely, a drop below $77,000 on high volume would confirm the long squeeze scenario. The next few days are likely to determine the direction. Conclusion Bitcoin long positions are piling up as BTC consolidates around $77.5K, creating a precarious market structure. The 3-to-1 long/short ratio signals strong bullish sentiment but also raises the risk of a long squeeze. With $71 million in long liquidation orders stacked below $77,300, any break below this level could trigger rapid selling. Traders should monitor the $77,000 support level closely, as it holds the key to future market movements. Whether Bitcoin holds this support or breaks lower will determine the next major trend. FAQs Q1: What is a long squeeze in the Bitcoin futures market? A long squeeze occurs when a sharp price drop forces leveraged long positions to be liquidated, causing further selling pressure and accelerating the decline. Q2: Why is the 3-to-1 long/short ratio significant? A ratio above 2-to-1 indicates extreme bullish sentiment, which often precedes a market reversal. The current 3-to-1 ratio suggests a high risk of a long squeeze. Q3: How much in long liquidation orders are stacked below $77,300? According to Coinglass, $71 million in long liquidation orders have accumulated below the $77,300 mark since the beginning of April. Q4: What happens if Bitcoin falls below $77,000? A break below $77,000 could trigger a cascade of long liquidations, leading to a sharp price drop. This level acts as critical support for the current consolidation. Q5: Can a short squeeze also occur in this market? A short squeeze is less likely because short positions are relatively scarce. The market is skewed toward a long squeeze scenario due to the high concentration of long positions. This post Bitcoin Long Positions Pile Up as BTC Consolidates Around $77.5K, Fueling Long Squeeze Risk first appeared on BitcoinWorld .

26 Apr 2026, 23:14

DeFi United Secures $160M as Industry Moves to Cover Aave Bad Debt Crisis

A coordinated decentralized finance ( DeFi) relief effort has reportedly raised $160 million to cover bad debt created when attackers exploited KelpDAO’s bridge and deposited unbacked collateral into Aave V3 markets on April 18, 2026. Key Takeaways: Aave froze rsETH reserves within hours of the April 18 Kelp DAO exploit, which created up to $230.1