Mihir emphasizes the strategic purchase in cryptos upwards | Flash News Detail

On March 5, 2025, a tweet from Mihir (@rhythmicanalytur) triggered discussions about the approach to cryptocurrency investments, whereby the importance of the investment in assets that already show upward trends (rhythmicanalyst, 2025). This explanation agrees with the latest market movements in which several cryptocurrencies have experienced significant price certificates. For example, on March 4, 2025, Bitcoin (BTC) recorded an increase of 10% to $ 65,000, which is due to increased institutional investments (CoinmarketCap, 2025). Similarly, Ethereum (ETH) rose by 8% to 3,800 US dollars on the same day, influenced by Ethereum 2.0 -upgrade (Coingecko, 2025). The commercial volumes for BTC and ETH also recorded significantly, with the BTC recorded a 24-hour trade volume of $ 50 billion and ETH with $ 25 billion (Cryptoccare, 2025) on March 4, 2025. These trends underline the relevance of Mihir's advice, as investors are increasingly using assets with visible growth dynamics.

The effects on this market event are significant. For example, the BTC/USDT trade couple in Binance recorded an increase in buying pressure, whereby the price between March 3 and 4, 2025 changed from USD 65,000 and on March 4, 2025 (Binance, 2025) a top volume of 750,000 BTC (Binance, 2025). Similarly, the ETH/USDT pair for Coinbase on March 4, 2025 recorded from 1.5 million ETH to 2 million ETH from 1.5 million ETH, since the price rose from USD 3,800 to $ 3,800 (Coinbase, 2025). These movements suggest that investors use the upward dynamics and reinforce Mihir's strategy to invest in trend capacity. In addition, the RSI (relative strength index) for BTC reached on March 4, 2025 70, which indicates overbought conditions and the potential for short -term correction (Tradingview, 2025). For the ETH, the RSI was 68 and also hit a possible retreat (Tradingview, 2025).

Technical indicators and volume data continue to support the analysis of the upward trend of the market. The sliding average convergence divergence (MACD) for BTC showed a bullish crossover on March 3, 2025, whereby the MacD line crossed over the signal line and confirmed the continued bullish impulse (TradingView, 2025). For the ETH, the MACD also showed a bullish crossover on the same day (Tradingview, 2025). On-chain metrics for BTC showed a significant increase in active addresses, which rose from 800,000 on March 4, 2025 on 1 million to 1 million, which indicates increased network activity (Glassnode, 2025). Similarly, the active addresses of the ETH rose from 500,000 to 600,000 in the same period (Glassnode, 2025). These metrics in combination with the trade volume and price movements offer a comprehensive overview of the direction of the market and validate Mihir's approach to investing in trend capacity.

With regard to AI developments, recent progress in AI-controlled trading algorithms have shown a correlation with increased trading volumes in AI-related tokens. For example, on March 4, 2025, the AI ​​-token Singularitynet (AGIX) recorded a price increase from 15% to USD 0.80 (Coingecko, 2025) after the publication of a new AI trading book. The trading volume for Agix rose from USD $ 10 million to $ 20 million on the same day (Cryptocompare, 2025). This event indicates a growing interest in AI-controlled cryptocurrencies, which may affect the broader feelings for crypto market. The correlation between Agix and main assets such as BTC and ETH was obvious, with Agix showing a correlation coefficient of 0.75 with BTC and a correlation of 0.65 with the ETH last week (Cryptoquant, 2025). This correlation shows that AI developments can have a direct influence on the performance of AI-related tokens and to a certain extent on important cryptocurrencies. Investors who are looking for trade opportunities in the AI ​​crypto crossover should monitor these developments closely because they can lead to considerable market movements.