According to Cas Abbé, Bitcoin is experiencing its largest supply crunch in recent history, with exchange supply dropping to a 7-year low. Long-term holders are actively accumulating, while the OTC desk balance has decreased by 300,000 BTC from its peak. Despite these developments, market sentiment remains very bearish, and retail investors are capitulating.

According to Cas Abbé, $ALGO has retested its daily support zone, and the Relative Strength Index (RSI) is deeply oversold, which historically suggests a potential reversal. With the staking process now live, the scarcity of $ALGO is expected to increase, potentially leading to a supply crunch. Traders are advised to monitor these developments closely.