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Analysis: Bitcoin will not bottom out this quarter; the current sideways consolidation is a false stability, with the real bottom and accumulation window arriving in October.

17 hours ago

Market analyst Noname has published a post refuting the current "bottom is already here" narrative, arguing that calling a bottom is premature. The current sideways consolidation essentially reflects indecision, with "hesitation at this level usually preceding a downward breakout before an upward move." The analyst outlined a clear path forecast for the second half of 2026: July will see "false stability" and a bear trap rally, with volatility to flush out weak positions; August will mark the start of the real decline, testing the $50,000 level for the first time; September will extend downward pressure, with a W-bottom structure beginning to form; October will be the actual bottom and accumulation zone, at which point participation strategies will turn aggressive; November will show initial signs of recovery, with prices starting to rebound from the bottom; December will bring the possibility of returning to $100,000 for the first time since the bear market began. The analyst emphasized that the final sell-off is still imminent, though most refuse to believe it. "Don’t let the sideways movement fool you." In terms of rhythm, the decline since the June high is a full liquidation of the three-year rally. Previous bear cycles all ended with corrections of over 80%; the current price is roughly 50% down from its all-time high, so if history repeats, lower targets should still be within expectations. The analyst predicts the final bottom will not drag into the fourth quarter—this cycle will complete in the third quarter. An oversold zone with expanding volume may be observed between August and September, followed by a breakout in the fourth quarter, and returning to $100,000 by year-end will be the minimum rebound target needed for bulls to repair structural damage.

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Bitcoin Whales Split: Giant Addresses Continue Accumulating, Mid-Sized Holders Accelerate Selling

Crypto analyst Amr Taha has noted a clear divergence in recent dynamics among Bitcoin holders: large whales continue accumulating Bitcoin, while medium-sized wallets are selling off at an accelerating pace. Specifically, wallets holding 1,000 to 10,000 BTC added a net ~66,700 BTC over the past 60 days, near the 68,000 BTC level set on June 16. By contrast, wallets holding 100 to 1,000 BTC recorded a net sell-off of roughly 77,800 BTC, marking one of the most aggressive sell-off periods in current data. Historical data shows that the behavior of wallets holding 100 to 1,000 BTC aligns with key short-term market turning points. On April 25, this group’s net accumulation exceeded 92,000 BTC. About 10 days later, Bitcoin entered a short-term correction, ultimately falling around 29%. Amr Taha argues that continued accumulation by large holders reduces immediately available supply, particularly during periods when smaller groups are actively distributing Bitcoin. While group data alone cannot determine future price trends, the current shift of supply toward large wallets may signal positive mid-term momentum for Bitcoin.

8 minutes ago

Bitcoin option implied volatility has plunged to rock bottom; three times so far this year, it has consistently signaled significant Bitcoin price swings.

Crypto analyst Murphy pointed out that Bitcoin’s option implied volatility (IV) is currently extremely low, with the 1-week IV at 33% and the 1-month IV at 34%—both below the 40% historical range, signaling potential "sharp price swings" in the market. Murphy’s statistics show two similar cases in the past year: 15 days after IV fell below 40% in early January, BTC dropped from $97,000 to $62,000; 14 days after IV dipped below 40% at the end of April, BTC declined from $82,000 to $60,000; and after June 15, BTC fell from $66,000 to $58,000. Murphy noted that low IV stems from market consensus, accumulated volatility arbitrage capital, and market makers’ short gamma mechanism—factors that together amplify the impact of unforeseen events. He reminded derivatives traders to prepare accordingly.

8 minutes ago

Hong Kong Exchanges and Clearing (HKEX) responds to the proposal to extend stock trading hours: It is studying extending trading sessions for its derivatives market.

Today, market rumors suggest the Hong Kong Exchanges and Clearing Limited (HKEX) is considering extending stock trading hours and scrapping the lunch break. In response, HKEX stated that it has long been committed to enhancing Hong Kong’s competitiveness as an international financial center, and is currently exploring multiple measures to improve market convenience, including extending trading hours. However, its immediate priority is studying proposals to extend trading hours for the derivatives market, not the stock market. (Source: China News Service’s JINGWEI)

8 minutes ago

A Bitcoin whale holding over $100 million in long positions closed their positions an hour ago.

According to Yuqing Monitoring, a whale added to its Bitcoin long positions to reach $108 million this morning, at an average entry cost of $63,958. This afternoon, the whale closed out all its positions amid Bitcoin’s downward trend, netting a final profit of $280,000.

8 minutes ago

Iran's Ministry of Foreign Affairs has confirmed receipt of a proposal from a mediator, but has not disclosed details.

Local time on July 20, Iranian Foreign Ministry spokesperson Bahaei confirmed at a press conference that he had received a proposal from the mediator, but refused to disclose details. In addition, Bahaei strongly condemned the US military's attacks on Iranian medical centers, bridges and other infrastructure. (CCTV News)

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Brent crude has risen 16% cumulatively amid the resumption of US-Iran tensions, with a whale that timed a long position entry on the same day now holding an unrealized profit of 97% of their principal.

According to Hyperinsight monitoring, the front-month Brent crude oil futures contract broke back above $90 today, hitting an intraday high of $90.97 at the open, and is currently trading around $89, up roughly 15.8% from its closing price on the first day after the resumption of military operations. A major crude oil long whale address (0x0e0) timed two key points of this price movement: in mid-June, when the US and Iran reached a temporary ceasefire agreement and oil prices pulled back, it reduced its position near the liquidation line and exited; on July 8 (Beijing time), the day military operations resumed, it opened a net long position of 32,738 BRENTOIL contracts at an average entry price of $77.8202, with a total position value of approximately $2.5477 million. As of press time, this address holds the above long position with 7x isolated margin. At the current mark price of around $88.62, the position is valued at roughly $2.9012 million, with an unrealized profit of about $353,600, a return of around 97.1%, and a liquidation price of approximately $68.519. In its historical trades, this whale has maintained a one-sided long position in crude oil since March 10, never switching to short positions, with a cumulative realized net loss of roughly $7.0025 million. The current unrealized profit has only recovered about 5% of that loss. After consecutive losses in June and approaching the liquidation line, its re-entry position size has shrunk from a peak of over $25.85 million to around $2.9 million, roughly 11% of its previous peak. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram (TG) group and set it as an admin (enable message sending permission) to automatically sync on-chain news.

8 minutes ago