Преддверие нового ралли биткоина: эксперты отмечают рост волатильности и покупательской активности Translation: The Brink of a New Bitcoin Rally: Experts Note Increased Volatility and Buying Activity

The price of the first cryptocurrency is stabilizing around the $113,000 mark amid increasing volatility, noted analyst Axel Adler Jr. He believes that the current market conditions and expectations of a rate cut by the Federal Reserve indicate a readiness for a new rally.

According to the expert’s observations, Bitcoin’s volatility has surged by 190%, reaching 54%.

Adler pointed out that the digital gold is holding above the seven-day volume-weighted average price (7D VWAP) of $111,600. In his view, this confirms the retention of a «bullish» structure on the chart.

The analyst also mentioned that market participants anticipate a reduction in the key interest rate by 25 basis points.

Crypto analyst known as Darkfost highlighted another bullish signal. He stated that the ratio of Bitcoin reserves to stablecoins on the Binance exchange indicates a rise in buying activity.

Darkfost noted that this signal has appeared three times in this cycle, each time preceding a significant price increase:

The indicator reflects a growth in stablecoin reserves on Binance relative to Bitcoin stock. This implies that liquidity is accumulating on the exchange for purchasing cryptocurrency while its supply is diminishing. Such a scenario sets the stage for a «supply shock» and an upward trend reversal.

The analyst emphasized that this situation is atypical for the current market. Similar signals usually manifest during bearish phases or after deep corrections.

In a more conservative assessment, analysts from Glassnode linked the price rebound from $107,000 to a renewed influx of funds into spot Bitcoin ETFs in the U.S.

However, experts pointed out that daily inflows amount to less than 1,000 BTC, significantly lower than the 2,500 BTC levels observed at the beginning of major rallies in this cycle. In their opinion, demand is recovering, but not with the intensity seen during recent price surges.

At the time of writing, the first cryptocurrency is trading at around $112,700, having decreased by 1.5% over the past day.

It is worth noting that in October, an analyst under the pseudonym Crypto Dan predicted the end of the correction and the start of an altcoin rally.