Bit_Bull

$BTC 2-year liquidation heatmap is telling where this cycle bottom could happen.
There's a big liquidity cluster sitting around $45K-$50K right now, and this zone could be the bottom.
A few other things also support this bottom thesis:
- In Q2 and Q3 2024, BTC traded around $50K zone for a long time, which could act as a support
- ETFs approval happened around $42K, and it hasn't been retested properly
- Long-term holders realized price is also around this zone, which has historically acted as a bottom line.
It's possible that we could a few wicks below this, but $45K-$50K looks like the botto

$60K was not the cycle bottom for Bitcoin.
First of all, BTC is following the 4-year cycle and the bottom never happens only 4 months after the top.
I know a lot of people think we will front run the bottom, but it'll happen by 1-2 months and not 6-8 months.
Bitcoin will bottom in Q3/Q4 and the price will be $40K-$45K.

Whales have started to buy the dip.
After the recent dump, the percentage of exchange balances flowing out to large entities has spiked to 3.2%, its highest level since November 2024.
If comparing this with the 2022 bear market, something similar happened after the Q2 crash and even after the FTX crash.
Smart money never buys the absolute bottom, but they have now started to add aggressively.
This doesn't mean BTC can't go down more, but it's a sign that whales now find BTC attractive after offloading for months.

This is probably the most bearish chart out here.
$DXY, which looks like it's getting ready for another dump.
Good for those who are holding hard assets.

Ethereum ETF holders are now feeling the pressure.
$ETH is roughly down 50% from the US ETH ETF average cost basis, compared to 20% for Bitcoin ETFs.
This is definitely not happening for the first time, as during April 2025, ETH was down almost 60% from its ETF cost basis.
But back then, there were 2 things.
- The crypto market was still in the 4-year bull cycle.
- DATs buying wasn't there for ETH
This is why ETH had a V-shaped recovery, which is less likely to happen now.
And I think this is what will cause the final capitulation.
I'm not saying that large money will completely exit, but some

Most people missed selling the bottom.
Most people will miss buying the bottom.
IMO, Bitcoin will bottom around the $45K-$50K this cycle.
A lot of buyers will wait for $30K or lower just like they waited for $10K in 2022.

Bitcoin Sharpe Ratio has fallen to a 3-year low.
A low Sharpe ratio means investors are taking more risk but getting less returns.
Historically, BTC has bottomed when Sharpe ratio goes below -1.5

Most people think $60k was the bottom.
Most people think $30K will be the bottom.
IMO, the real bottom will be around $48K-$50K but it'll take months.
You'll have to experience both time based and price based capitulation before reversal.

Most blockchains were built for fast growth and short term attention.
That works for speculation, but it breaks when institutions actually try to use them.
@hedera was built for a different audience.
Since 2018, it has focused on enterprise and government use cases where trust, governance, and reliability matter more than hype.
That’s why Hedera is governed by a council of up to 39 global organizations like Google, IBM, Dell, LG, Repsol, and Chainlink Labs, companies that run nodes, participate in governance, and build real systems on the network.
Hedera doesn’t use traditional blockchain tech

The pressure on the Fed is building from every direction.
Markets are pricing rate cuts.
Truflation data is cooling fast.
The President wants cuts.
Even the next Fed Chair + Treasury are hinting at easing.
At this point…
It’s not about if rates get cut. It’s about how fast they’re forced to move.
What do you think happens next?

$ETH has still not bottomed.\nThe current dump pattern looks very similar to the 2022 cycle.\nIMO, Ethereum will bottom around $1,000-$1,200 level before the next multi-year rally.

$BTC final capitulation hasn\'t happened yet.A real bottom will form below $50,000 level where most of the ETF buyers will be underwater.

Alts have run out of sellers.During the most brutal dump in Bitcoin, Alts/BTC pair is up.Unbelievable.

$BTC is not looking good here.Maybe there won\'t be any Supercycle this time.

BTC/Gold is about to touch its 14 year parabola.Losing this level would be devastating for Bitcoin.