buying

According to analyst Adler's latest post, the Bitcoin Impulse indicator, which reflects Bitcoin price momentum, has dropped to -59, indicating that market momentum has quickly turned negative; meanwhile, the 30-day Net Taker Volume Position Change indicator, which measures changes in active buying and selling power, has also fallen below the zero axis for the first time in nearly three months, suggesting that the active buying demand that drove the previous upward trend has basically been exhausted.Momentum indicators typically lead changes in capital flow. Currently, both the fast and slow momentum indicators are in deep negative territory, with the fast momentum close to -90 and the slow momentum quickly dropping to -59 after falling below the zero axis at the end of May. On the other hand, although the 30-day active buying demand indicator has just turned negative, it has not yet entered the "bear market zone."Adler believes that the current market is transitioning from a "buyer-dominated" phase to a "seller-dominated" phase, with an overall risk-off state. If active buying demand further declines and enters the bear market zone, while momentum continues to remain negative, it will further confirm the market's bearish trend; conversely, if active buying returns above the zero axis, it may provide an opportunity for market rebound.

According to Coinglass data, the Coinbase Bitcoin negative premium index ended the mild easing trend from February to May and has weakened again since May 8, recently rapidly expanding to a temporary report of -0.1323%. The purchasing power in the U.S. market has once again fallen into prolonged sluggishness.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decline in investor risk appetite, an increase in market risk aversion, or capital outflows.

According to SoSoValue data, as of 8 AM Eastern Time on June 1, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $9.85 million, a decrease of 43.33% compared to last week.Strategy (formerly MicroStrategy) sold 32 Bitcoins last week at a price of $77,135, generating approximately $2.5 million, reducing its total holdings to 843,706 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, four other companies purchased Bitcoin last week. Ethereum asset company Bitmine announced on May 26 that it bought 1 Bitcoin, without disclosing the specific purchase amount, bringing its total holdings to 203 Bitcoins; Japanese food brand DayDayCook announced on May 27 that it spent approximately $10.37 million to purchase 131 Bitcoins at a price of $79,135, increasing its total holdings to 2,714 Bitcoins; UK Bitcoin company The Smarter Web Company announced on May 26 that it invested $750,000 to purchase 10 Bitcoins at a price of $74,904, and on May 29 announced an investment of $660,000 to purchase 9 Bitcoins at a price of $73,437, bringing its total holdings to 2,878 Bitcoins; French Bitcoin company Capital B announced on June 1 that it invested $300,000 to purchase 4 Bitcoins at a price of $74,890.10, increasing its total holdings to 3,139 Bitcoins.As of the time of publication, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,114,182 Bitcoins, an increase of 0.01% compared to last week, with a current market value of approximately $80.46 billion, accounting for 5.6% of the circulating market value of Bitcoin.

According to information from a third-party data platform, Bitcoin's Ahr999 has once again fallen below 0.45 after a month, reporting at 0.4322. As a result, this indicator has returned to the "bottom-buying range." This indicator was created by ahr999 and aims to assist Bitcoin dollar-cost averaging users in making investment decisions based on timing strategies. The indicator implies the yield of short-term Bitcoin dollar-cost averaging and the deviation of Bitcoin's price from its expected valuation.Historically, the Ahr999 index for Bitcoin has been below the bottom line (0.45) for 572 days. The dollar-cost averaging range is 0.45-1.2, representing a relatively reasonable range for Bitcoin prices, suitable for adhering to a regular investment strategy.

According to 10x Research analysis, the Ethereum options market has seen an unusually large volume of put option buying, with contract flows at strike prices of $1800 and $1900 being about five times the normal levels.The institution believes that while Ethereum is cheap today, cheap does not equate to a buying opportunity. Fundamentals ultimately determine price, and marketing narratives can only sustain deviations for a limited time; eventually, reality will re-establish dominance.

The cryptocurrency market research firm Santiment stated that ETH has fallen below $2000 for the first time since March 29. Typically, after a significant price drop, the market exhibits two typical sentiments: one is retail investors falling into FUD due to weak performance, and the other is the FOMO sentiment that views the drop as a "discount buying opportunity."Santiment pointed out that the latter is currently emerging in the market. As ETH breaks below a key psychological support level, a large number of retail investors are starting to "buy the dip." It believes that this usually indicates that the price of ETH may still have further room to decline, as retail sentiment is currently too optimistic, and historically, the general market tends to make incorrect judgments. Santiment stated that the truly better buying opportunities usually arise after market FOMO cools down and sentiment shifts to panic.

According to Lookonchain monitoring, whales are going long on LINK and DOGE. Address 0x3109 has opened a long position of 27.38 million DOGE ($27.5 million) and 162.67 thousand LINK ($15.3 million), and has placed an order to continue buying 33.46 million DOGE ($33.1 million) and 515.12 thousand LINK ($47.3 million).Address 0x5687 has opened a long position of 10.21 million DOGE ($10.3 million) and 108.43 thousand LINK ($10.2 million), and has placed an order to continue buying 14.66 million DOGE ($14.5 million) and 336.28 thousand LINK ($30.9 million).

Cryptocurrency analyst Axel Adler Jr. stated that although BTC recently regained the $77,000 level, the net inflow to trading platforms and the continuous outflow from spot ETFs still exert localized selling pressure on the market. Data shows that in the past week, the net inflow of BTC to exchanges was about 18,000 BTC, indicating that more BTC is being transferred to trading platforms in preparation for selling. At the same time, the net outflow from U.S. spot Bitcoin ETFs during the same period was about 16,000 BTC. The combined data creates a potential selling pressure of approximately 34,000 BTC.Glassnode data also shows that the daily trading volume of spot BTC ETFs has fallen below $20 billion, having once exceeded $50 billion by the end of 2025, reflecting a cooling of speculative demand from traditional financial channels. However, market sentiment has recently warmed due to improved expectations for a peace agreement between the U.S. and Iran. BTC quickly rebounded to around $77,800 after dropping below $75,000.Derivatives data indicates that this round of price increase was mainly driven by short covering. The total open interest (OI) of BTC slightly rebounded from about 268,000 BTC to 250,000 BTC, and the funding rate also cooled down, indicating a decrease in the crowding of leveraged long positions. Analysts believe that if BTC wants to further challenge the $80,000 mark, it still needs both spot demand and open interest to grow in sync.

According to Lookonchain monitoring, as the market declines, an early Ethereum OG address has once again started bottom-fishing. On-chain data shows that this address has accumulated 3,942 ETH, worth approximately 8.08 million dollars, with an average purchase price of about 2,049 dollars, and may continue to increase its holdings.Data shows that this address acquired 12,001 ETH from ShapeShift at an average price of about 7.58 dollars ten years ago. Subsequently, it sold all its ETH over a year ago at an average price of about 2,856 dollars, exchanging for 34.3 million USD Coin, with a total profit of approximately 34.2 million dollars, achieving an investment return rate of up to 376 times.

According to monitoring by Lookonchain, BitMine is suspected of buying 60,000 ETH again. Two new wallets possibly associated with BitMine received a total of 60,000 ETH (worth $125.9 million) from Kraken and BitGo.

According to monitoring by Hyperinsight, there are addresses on Hyperliquid placing buy orders in batches using TWAP (Time-Weighted Average Price) to accumulate positions. Among the existing orders, there are 5 whales planning to buy over 10,000 HYPE each, totaling more than 182,000 HYPE, corresponding to an amount of approximately $10.8 million.Currently, some of the buy orders have already been partially filled. As of the time of writing, among the existing orders, the net buying momentum for HYPE in the next 24 hours is expected to reach $6.7 million, and $1.45 million in the next hour.

According to monitoring by Hyperinsight, driven by the recent continuous rise of HYPE and its surge above $48 this morning, multiple addresses on Hyperliquid have placed buy orders in batches using TWAP (Time-Weighted Average Price) to accumulate positions.As of the time of writing, there are a total of 5 whales in the existing orders planning to buy over 10,000 HYPE in spot, with a total planned purchase of over 96,900 HYPE, corresponding to an amount of approximately $4.65 million. Currently, some of the above buy orders have already been partially filled. According to the existing order calculations, the net buying power of HYPE's TWAP in the next 24 hours is still at $2.8 million.

According to monitoring by Hyperinsight, following a significant rise in HYPE this morning, there has been a slight pullback from the $47 high. Multiple addresses on Hyperliquid have placed buy orders in batches using TWAP (Time-Weighted Average Price) to build positions. As of the time of writing, a total of 8 traders plan to buy over 75,400 HYPE, corresponding to an amount of approximately $3.4 million.On the contract side, a recent large position by a whale (0x1ee) plans to go long on 50,000 HYPE with 10x leverage, valued at approximately $2.26 million, with an average price of $45.76. Currently, there are still about $1.29 million worth of buy orders being executed in batches. Address: 0x1ee7a73cb5b0b6b056d8138085b2009e6a6bedf5.

Glassnode's latest weekly report indicates that Bitcoin slowly climbed from $77,000 to $82,000 last week, with buying pressure continuing to support during the pullback, even as momentum began to cool near local highs. The spot CVD surged, reflecting strong bullish sentiment and a firm belief in price increases. Meanwhile, spot trading volume also increased, indicating that the recent price trend gained more support with heightened investor participation. However, the easing of price momentum suggests that buying and selling pressures are becoming more balanced, implying that the market may be entering a stabilization phase.The situation in the futures market is similar, with a rise in risk appetite. The increase in open interest indicates heightened speculative activity, with investors willing to take on more risk; the perpetual contract CVD surged, indicating sustained bullish momentum. However, the decline in long funding rates suggests a shift towards bearish sentiment, and bullish sentiment may have weakened.In the options market, the demand for downside protection has decreased, while open interest has increased, indicating a shift in market expectations towards neutral or slightly bullish. However, the volatility spread has surged significantly, indicating that the risks reflected in options pricing are much higher than the actual risks, reflecting a notable increase in participant uncertainty.In summary, supported by stronger on-chain activity, healthier profitability, and more stable holder positions, Bitcoin's market structure continues to improve. Although bullish sentiment is strengthening, the slowdown in capital inflows and cautious market sentiment suggest that the market remains sensitive to changes in risk appetite.

Tom Lee, co-founder of Fundstrat and chairman of BitMine, stated on the X platform that Ethereum's supply has been in a "deflationary" state over the past year, and the purchases and staking by Ethereum's crypto treasury company have further amplified this trend.

Bitfinex Alpha's latest report indicates that after entering May, BTC successfully broke through the dense selling pressure zone of $78,000 to $79,000, briefly approaching $83,000. This round of increase is mainly driven by spot demand rather than leveraged funds. Since May 8, the spot CVD (Cumulative Volume Delta) has significantly risen, showing that buyers are continuously taking orders and absorbing market supply.ETF capital inflows and public market increases have become the main driving forces, while long-term holders have now accumulated nearly 4 million BTC, marking the largest increase since the pandemic crash in 2020, which means that the circulating chips in the market are being further locked up. The market currently expects about a 94% probability that the Federal Reserve will maintain interest rates in June. In the context of macroeconomic uncertainty, institutional funds continue to position themselves in the crypto market.

According to market news, a giant whale started continuously buying sato three hours ago, with a total purchase of $325,000, an average purchase market value of $28.4 million, and an unrealized profit of $32,000.

According to on-chain analyst Ai Yi's monitoring, the whale nemorino.eth has started a new round of trading.12 hours ago, during the market decline, he bought 2,091.43 ETH on-chain at an average price of $2,386.78, worth $5 million. Currently, the ETH has been deposited in Spark to earn interest.