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Bitcoin shows signs of recovery as key metrics signal stability and a bullish trend ahead.

Technical Signals
23 Apr 2026
Blockonomi
View Source
Bullish
pluang ai news

Bitcoin's risk-adjusted returns improved sharply, with its Sharpe Ratio rebounding from -43 to 20.35, indicating reduced market volatility and growing investor confidence. Short-term holder supply dropped below 7%, a historical marker for market bottoms, suggesting that long-term holders are absorbing supply and selling pressure is easing. Additionally, Bitcoin flows into derivative exchanges are rising, reflecting increased investor conviction and leveraged long positions. The critical support level at $73,700 is being closely watched; holding this level could lead to a price target near $96,000, while a break below risks a decline to around $55,000. These on-chain signals suggest Bitcoin may be nearing a significant turning point toward recovery.

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Zcash nears $600 as strong bullish momentum drives price higher.

Zcash nears $600 as strong bullish momentum drives price higher.

Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...

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Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

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Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...

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Bitcoin climbs above key moving averages, eyes $68K as bullish momentum builds.

Bitcoin climbs above key moving averages, eyes $68K as bullish momentum builds.

Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...

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New non-profit ETHSystems boosts Ethereum's privacy push amid Ethereum Foundation scaling down.

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Protocol Fundamentals
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Lockheed Martin Ventures opens London office to invest $100M in UK and Europe defense tech startups

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Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...

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