Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K

BTCUSD trades in a narrow range between $80535 and $94172 for the past 2 weeks. It hits an intraday low of $90901, and at the moment, it is around $91261.

After more than 23,385 BTC ($2.15 billion) were removed in the previous week alone, Bitcoin exchange reserves have dropped to their lowest level since January 2021, thus continuing a multi-month drop from 2.83 million in October and pushing total exchange-held Bitcoin significantly down from highs like 3.2 million in 2020. This ongoing move toward self-custody and cold storage shows high holder trust, less selling pressure, and aggressive accumulation by smaller holders in addition to steadier buying from mid-sized whales, even while larger whales remain more wary. Historically, such supply shocks and reduced exchange liquidity have preceded significant breakouts by increasing the impact of new institutional demand, spot ETF inflows, or macro catalysts; with retail driving the current move and price still facing resistance below $100k, the setup strongly favors bulls once institutional conviction or significant ETF flows return.

Oscillators and moving averages to forecast the trend of ETHUSD

CMP- $91290

EMA (1-hour chart)

55-EMA- $92020

200-EMA- $90772

365-EMA- $91156. The pair trades above the short and long-term moving averages.

Major Support - $90900. Any breach below $90900 will drag the pair down to $86000/$83000/$80000.

Major Resistance - $92000.  Any break above $92000 confirms minor bullishness, a jump to $92700/$93500/$94500/$95415/$97400/$98500/$10000.

Indicators (60-min chart)

CCI(50)- Bearish

ADX-  Bearish

5. Investment Strategy for ETHUSD

It is good to buy on dips around $90000 with a stop loss around $86000 for target profits of $100000/$107000.