Key Takeaways:
- VanEck’s proprietary market breadth signal has issued its first Bitcoin bullish call since April 7, 2025, the prior cycle low.
- The signal highlights improving breadth, with more crypto assets outperforming Bitcoin, a shift often seen early in trend reversals.
- The analysis was amplified by Matthew Sigel, signaling growing internal confidence in a market turn.
A closely watched internal indicator at VanEck has flipped bullish for Bitcoin for the first time in months. The move is drawing attention because the last signal coincided with the market’s 2025 bottom.
Read more: VanEck’s Zero-Fee Solana ETF Goes Live as Institutional Race for SOL Exposure Accelerates
Table of Contents
- VanEck’s Breadth Signal Flips Bullish After Months of Weakness
- What the Breadth Model Is Signaling Now
VanEck’s Breadth Signal Flips Bullish After Months of Weakness
VanEck’s proprietary crypto breadth model has triggered a new bullish signal for Bitcoin, marking its first positive call since April 7, 2025. That date stands out as the lowest point of last year’s downturn, giving the current signal added weight among market participants.
Matthew Sigel, VanEck’s head of digital assets, reshared the analysis publicly, describing it as the first BTC bull call in months generated by the firm’s internal indicators. The breadth model focuses on how widely strength is distributed across the crypto market rather than relying only on Bitcoin’s price action.
This approach aims to capture early shifts in market structure, especially after extended drawdowns when sentiment remains fragile but underlying participation begins to recover.
Read More: Bitwise & VanEck Fast-Track Crypto ETF Push: XRP ETF Could Launch in 20 Days
What the Breadth Model Is Signaling Now
Unlike momentum indicators that react after price trends are established, breadth-based models track how many assets are participating in a move. When leadership broadens beyond a single asset, analysts often interpret it as a sign of healthier market conditions.
In this case, VanEck’s signal points to:
- A rising share of crypto assets outperforming Bitcoin
- Stabilization after a prolonged period of relative underperformance
- Early evidence that capitulation-style selling may have run its course
These conditions tend to appear near inflection points, not at euphoric tops. That timing explains why the signal is being framed as an early-stage development rather than confirmation of a full bull market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: The total maximum long positions for BTC and ETH have a loss of over $13 million, with no reduction in holdings yet.
According to HyperInsight's monitoring, due to market downturns, the floating losses of major long whales in BTC and ETH have increased, totaling over $13 million. Among them, the BTC long position of "pension-usdt.eth" has a floating loss of $3.17 million, while the ETH long position of "ETH波段大师" has a floating loss of approximately $9.6 million.
GateNews4m ago
The United States and Israel launch "Operation Judea Shield" to bomb Iran! BTC is sold off for $1.8 billion, with over 150,000 traders liquidated.
The United States and Israel launched the "Judea Shield" military operation, conducting airstrikes on five Iranian cities, prompting Iran to carry out retaliatory attacks. Geopolitical risks have increased, international gold prices have risen, and the crypto market has experienced heavy sell-offs, with Bitcoin selling off $1.8 billion within an hour. Overall market sentiment has turned more pessimistic.
動區BlockTempo7m ago
Bitcoin Crashes to $63K as US, Israel Bomb Iran
Bitcoin (CRYPTO: BTC) faced renewed geopolitical turbulence over the weekend as reports of a joint U.S.-Israel operation targeting Iran intensified market chatter. The move came as traditional markets remained in a holding pattern, leaving crypto traders to assess the implications in a vacuum. On
CryptoBreaking37m ago
MARA Bitcoin miner posts $1.7B quarterly loss as BTC slumps
In its latest quarterly update, MARA Holdings confronted a stark reality: even as its bitcoin mining fleet generated fewer coins, the company’s balance sheet was weighed down by falling crypto valuations and a strategic pivot away from pure mining. MARA reported a fourth-quarter 2025 net loss
CryptoBreaking57m ago
These Catalysts Could Send Bitcoin and Crypto Flying or Crashing in March
Narratives move the crypto market. They decide which coins attract capital and which ones fade into the background. A strong AI narrative can send AI tokens higher within days. A regulatory breakthrough can lift Bitcoin and altcoins together. March now brings a set of narratives that could
CaptainAltcoin1h ago
Today's Cryptocurrency News (February 28) | Israel conducts airstrikes on Iran; Bitcoin drops below $64,000
This article summarizes cryptocurrency news as of February 28, 2026, including the latest updates on Bitcoin, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include:
1. Trump praises Israel and the U.S. for "large-scale" airstrikes on Iran: vows to destroy missile industries and warns the Revolutionary Guard to "put down their weapons";
2. Is the era of crypto venture capital "casting a wide net" coming to an end? In February 2026, $883 million was raised, with stablecoins and AI becoming core sectors;
3. Elon Musk's SpaceX plans to secretly file for an IPO in March, with a valuation potentially reaching $1.75 trillion, possibly the largest IPO in history.
GateNews1h ago
