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Opening Bell - Issue 49

Research3 June 2025Copper
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Prepare for the week with key data points and trends in the digital asset marketplace.

Opening bell | Issue #49 report highlights:

High-frequency on-chain and funding edges have collapsed since the start of last year, but weekly and monthly signals remain robust.

By combining stablecoin supply surges, whale netflows, MVRV Z-scores, and ETF balance growth in a multivariate model, the projections imply a modest increase in Bitcoin over the next 30 days. Although intraday alpha has disappeared, medium-term on-chain fundamentals continue to drive price direction post-ETF.

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