Ethereum Onchain Data “Reaches Boiling Point” – Analysis Company Explains Its Meaning

Cryptocurrency analysis company Alphractal reported in its latest assessment of the market that there was a notable movement in Ethereum’s onchain indicators, while transaction activity in Bitcoin was somewhat stagnant.

According to the company’s report, Realized Value Impulse (Long-Term) and Market Temperature indicators point to intense speculative strengthening in Ethereum:

• Realized Value Impulse (Long-Term) reveals an expansion in long-term realized market value. This is fueled by strong capital inflows and supply-demand dynamics, paving the way for significant price movements.
• The Market Temperature indicator, on the other hand, indicates that the market is “heating up.” More active investors, rising market sentiment, and increased volatility risk are opening the door to sharp price fluctuations in the short term.

Alphractal pointed out that these indicators have reached a “boiling point” in Ethereum, arguing that strong movements could occur both upwards and downwards, and that investors should be extra cautious.

On the Bitcoin side, however, the picture is different. The 30-Day Active Supply indicator measures the amount of unique BTC that has moved at least once in the past month and is currently signaling a clear “cooling” in the market.

Alphactal explained that when this indicator rises, it reflects new capital inflows and intense investor activity, while when it falls, it reflects a calmer market environment. The current decline suggests that Bitcoin’s supply movements are slowing and the market is preparing for the next big move.

*This is not investment advice.