“On‑Chain Signals: Reading the Bull Run’s Footprints”
Introduction
As Bitcoin prices surge and the market “turns green,” on‑chain data often lights the path ahead of prices. Unlike technical indicators or sentiment surveys, metrics drawn directly from the blockchain,addresses, flows, realized profit/loss,offer objective, real‑time clues about user behavior, accumulation, and capital rotation. In this guide, we’ll unpack four key on‑chain signals that tend to flash early bull‑run warnings, show you where to find them, and explain how to set your own alert thresholds.
1. Active Addresses: Network Engagement
The number of active addresses,unique wallets either sending or receiving BTC in a given period is a core gauge of network participation.
At the end of February 2025, active Bitcoin addresses surpassed 912,300, marking a three‑month high and hinting at renewed retail interest .
By April 18, 2025, those addresses jumped another 10%, from roughly 900,000 to 990,000, underscoring a fresh surge in on‑chain activity as prices rallied above $80K .
Interpretation: Rising active‑address counts in advance of price peaks suggest broadening participation often a hallmark of bull transitions.
2. Whale Transactions: Big‑Fish Accumulation
“Whale” wallets (100–1,000 BTC) moving large on‑chain sums can foreshadow major price moves:
Recent Glassnode data show these large holders are acquiring at rates equal to 300% of Bitcoin’s annual emission, i.e. three times the daily mined supply .
Simultaneously, major centralized exchanges are witnessing steady BTC outflows, as whales shift coins to cold storage, signaling confidence in further upside .
Interpretation: When whales gobble up supply and withdraw it from exchanges, liquidity tightens and bullish momentum often follows.
3. Exchange Net Flows: Supply Dynamics
Tracking net BTC flows on/off exchanges uncovers whether coins are positioned for trading or hodled long‑term:
Over the past 24 hours (as of April 13, 2025), roughly 37,000 BTC were withdrawn from exchange wallets a strong accumulation signal .
Historically, sustained net outflows have aligned with major bull phases, as available trading supply shrinks.
Interpretation: Large, persistent outflows reduce on‑exchange liquidity and often presage upward price pressure.
4. Net Realized Profit/Loss: Market Regime Meter
The Net Realized Profit/Loss (NRPL) metric tracks the difference between coins sold at a profit vs. at a loss, adjusted for volatility.
When volatility‑adjusted NRPL stays above its long‑term median, capital inflows dominate and a bull regime is typically in force; below median, outflows signal bearish dominance .
Currently, NRPL has reset to near its neutral median, indicating the market sits at a key decision point between continuation or pullback .
Interpretation: Median‑cross events in NRPL can serve as timely entry or exit cues in trending markets.
Actionable Takeaways
1. Set Address Alerts
Monitor active‑address count on Glassnode or Santiment; trigger alerts when it rises > 8% in 24 hrs.
2. Track Top‑Wallet Moves
Use Nansen or Whale Alert to tag transactions from top 100 BTC holders and note any cluster of buying.
3. Watch Exchange Balances
Configure exchange‑flow alerts (e.g. on CryptoQuant) for net outflows exceeding 15 K BTC/day.
4. Leverage NRPL Crosses
Build a dashboard that flags volatility‑adjusted NRPL crossing above/below its 1‑year median as buy/sell signals.

$FHE is exhibiting a neutral to slightly bearish trend in the short term, with mixed technical indicators and modest price fluctuations.
Current Price and Short-Term Forecast
- *Current Price*: Approximately *0.0351 USD*
- *Forecast for April 20, 2025*:
- *Average*:0.0351 USD
- *High*: 0.0386 USD
- *Low*:0.0316 USD
- *Change from Previous Day*: +3.2%
These figures indicate a modest upward movement, though the overall trend remains cautious.
Technical Indicators
- Moving Averages:
- Short-Term: Buy signal
- Long-Term: Sell signal
- The stock is approaching resistance at 0.0395 USD and has support around 0.0349 USD
- MACD (3-Month): Currently issuing a sell signal
- Volume: Increased trading volume observed, which is a positive sign; however, overall volume remains low, increasing risk and reducing the strength of other technical signals
These mixed signals suggest caution in the short term, with potential for further declines until a new support level is established.
Mid to Long-Term Outlook-
Analysts project a significant increase in $FHE stock price over the coming months:
- *April 2025*: Average forecast of *1.0258 USD*, indicating a potential rise of over 2,500
- *2025 Year-End*: Expected average price of *0.8061 USD*, with a high estimate of *1.2732 USD*
These projections suggest a bullish outlook in the mid to long term, contingent upon the company's execution of its strategic initiatives.
Strategic Developments
-First Helium has announced plans for 2025, including the development of two high-impact drilling targets, supported by a recent3.64 million financing round. The company aims to leverage proprietary 3D seismic data to enhance cash flow and explore additional opportunities across its asset base, particularly in helium-enriched natural gas.
- *Short-Term Trend*: Neutral to slightly bearish, with mixed technical indicators and modest price movements.
- *Mid to Long-Term Outlook*: Bullish, with significant growth potential based on strategic plans and market forecasts.
Investors should monitor technical indicators and company developments closely, considering their risk tolerance and investment horizon before making decisions.
The impact of economic factors on the price of $PAWS
The price of $PAWS, like most cryptocurrencies, especially meme coins, is influenced by a complex interplay of factors. While traditional macroeconomic indicators have a less direct and immediate impact compared to established assets, they can still indirectly affect its price. Here's a breakdown of the potential impact of economic factors on the price of $PAWS:
Direct Factors (Specific to $PAWS and Crypto Markets):
* Market Sentiment and Hype: This is arguably the most significant driver for meme coins like $PAWS. Positive social media trends, viral marketing, endorsements from influencers, and overall bullish sentiment in the crypto market can lead to increased demand and price surges. Conversely, negative sentiment, fear, uncertainty, and doubt (FUD) can cause rapid price declines.
* Community Strength and Engagement: A strong, active, and growing community is crucial for the sustained interest and demand for $PAWS. High levels of engagement, participation in events, and positive community-driven initiatives can positively influence the price.
* Exchange Listings: Being listed on major cryptocurrency exchanges increases the accessibility and liquidity of $PAWS, which can lead to higher trading volumes and potentially a price increase due to increased demand.
* Utility and Ecosystem Development: The successful implementation of $PAWS's stated utilities (in-game transactions in Moniwar, SocialFi features, potential future integrations) can create genuine demand for the token beyond speculation, providing a more fundamental value proposition and potentially stabilizing or increasing its price.
* Tokenomics: The supply and distribution of $PAWS tokens play a vital role. A well-managed supply, coupled with increasing demand, can drive the price up. Factors like the circulating supply, total supply, and the release schedule of tokens from team or ecosystem allocations can influence market dynamics.
* Airdrop Distribution and Selling Pressure: The large airdrop of $PAWS tokens could create initial selling pressure as recipients look to realize profits, potentially dampening the initial price. The market's ability to absorb this supply will be crucial.
* Whale Activity: Large holders ("whales") of $PAWS can significantly influence the price through large buy or sell orders.
Indirect Impact of Broader Economic Factors:
* Overall Cryptocurrency Market Sentiment: $PAWS, like many altcoins and meme coins, can be influenced by the general sentiment and performance of the broader cryptocurrency market, particularly Bitcoin and Ethereum. A bullish market trend often lifts most cryptocurrencies, while a bearish trend can have the opposite effect.
* Risk Appetite of Investors: In times of economic uncertainty or recession, investors tend to become more risk-averse and may move away from highly speculative assets like meme coins towards safer investments. Conversely, during periods of economic growth and high confidence, investors may be more willing to take risks on assets with high potential returns, including meme coins.
* Inflation and Interest Rates: Rising inflation can sometimes lead investors to look for alternative assets, including cryptocurrencies, as a hedge against fiat currency devaluation. Central bank policies regarding interest rates can also impact investor behavior and the flow of capital into risk assets. Lower interest rates can make speculative assets more attractive due to lower borrowing costs and reduced returns on traditional savings.
* Government Regulations: Regulatory developments regarding cryptocurrencies can have a significant impact on market sentiment and prices. Positive regulatory clarity can boost confidence and adoption, while restrictive regulations can lead to price drops.
* Global Economic Stability: Major global economic events, such as recessions, geopolitical tensions, or financial crises, can impact investor sentiment across all markets, including cryptocurrencies.
Specific Considerations for $PAWS:
* Solana Ecosystem Performance: As a Solana-based token, the overall health and activity of the Solana ecosystem can indirectly impact $PAWS. Positive developments within Solana, such as increased adoption of its DeFi and NFT projects, could create a favorable environment for tokens within its ecosystem.
* Success of Moniwar and SocialFi Initiatives: The adoption and success of the platforms and applications where $PAWS has direct utility (like Moniwar) will be a crucial economic factor driving its demand and price.
In Conclusion:
While traditional macroeconomic factors have a less direct impact on the price of $PAWS compared to market sentiment, community activity, and project-specific developments, they can still exert an indirect influence through their effects on the broader cryptocurrency market and investor risk appetite. The price of $PAWS will likely continue to be primarily driven by the dynamics of the meme coin market, its community, and the successful implementation of its utility wi
thin its ecosystem.
Flow社群媒體數據
過去 24 小時,Flow社群媒體情緒分數是 2.1,社群媒體上對Flow價格走勢偏向 看跌。Flow社群媒體得分是 83,559,在所有加密貨幣中排名第 325。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中Flow被提及次數佔比 0.01%,在所有加密貨幣中排名第 311。
過去 24 小時,共有 384 個獨立用戶談論了Flow,總共提及Flow 107 次,然而,與前一天相比,獨立用戶數 增加 了 6%,總提及次數增加。
Twitter 上,過去 24 小時共有 9 篇推文提及Flow,其中 0% 看漲Flow,67% 篇推文看跌Flow,而 33% 則對Flow保持中立。
在 Reddit 上,最近 24 小時共有 1 篇貼文提到了Flow,相比之前 24 小時總提及次數 減少 了 0%。
社群媒體資訊概況
2.1