Bitcoin opened on April 13th with a red candle as of writing this report. Binance inflow/outflow data may have interesting insights for the crypto.
However, its trajectory remained positive in 3 different time frames:
The crypto market total market cap rose over 1% intraday, and the Fear and Greed index continues to signal Fear. For Solana, an analyst offered insights amid positive developments.
BTC Short-Term Holders Under Pressure?
BTC Inflows from Short Term Holders (STHs) on Binance are down significantly, Darkfost highlighted via CryptoQuant data.
Short Term Holders are those traders or entities who hold the crypto for less than 6 months or 155 days.
These types of traders are particularly active during periods of high volatility.
The analyst pointed out that BTC inflows from these quick sellers has been decreasing steadily.
Inflows ‘dropped from around 17 000 BTC inflows on November 16, to 14 000 on March 3, and are now hovering around 9 000.’ The analyst noted.
Commensurate with the present condition of global finance, the inflows increased between March 24th and April 7th, as per the chart.
The analyst added that the decreasing selling pressure was a good sign for the crypto.
The analyst cautioned that this data needs to be monitored to confirm if it was a persistent trend.
Amid high uncertainty, this is a positive signal for the short term price stability.
Darkfost noted ‘It’s important to keep in mind that the average realized price for STHs currently sits around $92 800.’
At the time of writing, BTC was trading at $84,700.40, down by 0.50% intraday.
Over the past seven days, it was up 6.88%, and over the past month, it was up over 0.16%.
Altcoins Still Under Pressure, Solana Chart Shows Optimism
Altcoin market capitalization, excluding BTC, ETH, and Stablecoins, fell from $1 Trillion in December 2024 to $583 Billion as of April 11th, 2025, Glassnode data shows.
Solana’s performance has not been exceptional. Moreover, it is quite reflective of the volatility that has become characteristic of the crypto market.
SOL price fell sharply in April, close to $120. However, it had shown a 35% plus surge to around $250 in January.
It had dropped to under $100 earlier this year, falling to the 7th rank among the top cryptos by market cap.
At press time, SOL price was $129.43, up 3.37% intraday. Over the week, Solana is up over 9.5%, while on the monthly scale, it is up 2.43%.
However, an analyst expects this token to perform well in the coming sessions.
Solana ‘came out of the falling channel,’ according to Lingrid, a crypt market analyst.
The ‘channel’ the analyst referred to, lies between $87 and $122. Moreover, while the overall altcoin market is reeling under uncertainty and volatility, few coins have sprung up.
Crypto market’s altcoin top performers (intraday) include Helium (HNT), which was up 19.43%, and Onyxcoin, which (XCN) was up over 4%.
Over the weekly scale, HNT rose by 39.21%, while XCN rose by a remarkable 121.88%. Read our latest analysis of XCN’s phenomenal rise here.
Crypto Market Fear And Greed Index
The CoinMarketCap, crypto market Fear and Greed Index read 32 (Fear) at the time of writing. On April 09th, 2025, it recorded the year’s lowest reading of 15 (Extreme Fear).
The positive change over the past four days ago is incremental. This change reflects the latest positive developments in global trade tensions.
China is not part of the list of countries that enjoy the 90-day pause on U.S. reciprocal tariffs.
Moreover, the Asian giant clarified that they will not ‘yield’ to Trump’s tariff policy. CNBC reported that U.S. President Donald Trump exempted several electronic devices and components from the reciprocal tariffs imposed earlier in the month.
