RugaResearch

ETF demand growth just rolled over while Bitcoin pushed into the mid-80s—the first divergence of this cycle. Three funds hold 84% of the 1.29M BTC in spot ETFs, with IBIT alone at 61%. Structural...

Bitcoin's trend strength is cracking beneath the surface. ADX rolled over hard from recent highs while its lagging signal line still points up—classic divergence that catches momentum chasers off...

Spot and futures demand both flip positive for first time in months. Last rally to $82K ran on leverage alone—gave it all back. This time spot's in the game.

Volatility-adjusted momentum just flipped negative after running above +2 earlier this year. Risk oscillator hit zero—same level that preceded meaningful selloffs in all three prior instances. Both...

Bitcoin volatility just hit cycle lows while trend strength quietly builds underneath. This exact setup has preceded some of the sharpest moves in years. ADX says a trend is forming before price...

9,030 BTC ($589M) just left Binance—biggest single-day outflow in 5 months. 30-day momentum clawed back from -21% to zero, a pattern that preceded rallies in Oct, Jan, and Apr. Coins off exchanges...

ADX crossovers called every major trend this cycle—compress to 20-25%, cross, then rip. Right now ADX is falling but Signal Line hasn't caught up yet. No convergence, no trigger. Expect...

Sell-Side Risk Ratio crashes to 1%—the blue zone that preceded every major Bitcoin rally since 2016. MVRV compressing, NUPL in capitulation, multiple bottom signals firing simultaneously. Supply is...

USDT 60-day liquidity plunges to -$3.55B, sitting at range floor as redemptions crush issuance. Mean reversion is loading but not firing—30-day average still positive at +$0.58B. No crossover yet...

BTC stuck at $65K with $76K breakeven looming as resistance ceiling. Fast bounce into $70Ks likely, but trader selling pressure returns at cost basis. 27% downside to $48K Min band is the tail risk...