CryptoOnchain2025-12-30

BAT Flashing Bullish: Hidden Divergence Meets Multi-Year Record Outflows

Basic Attention Token (BAT) is currently presenting a high-conviction setup for trend continuation, driven by a rare confluence of technical resilience and massive on-chain accumulation. Technical Outlook: Hidden Bullish Divergence On the daily timeframe, BAT is forming a clear Hidden Bullish Divergence. While the RSI has reset to previous support levels (Equal Lows), the price action continues to print Higher Lows, respecting a solid ascending trendline. Unlike regular divergence which signals a reversal, this hidden divergence indicates that the prevailing uptrend remains healthy and the recent pullback was merely a consolidation phase before the next leg up. On-Chain Data: A Supply Shock Validating the technical strength is a significant shift in supply dynamics. CryptoQuant’s Binance Monthly Net Flows for BAT (on Ethereum) recorded a massive net outflow of $3.68 Million in December. This represents the highest monthly outflow from the exchange since March 2022. Such substantial withdrawals indicate that investors are moving assets off-exchange into cold storage, signaling a strong intent to HODL and a drastic reduction in immediate sell pressure. Conclusion The combination of a technical continuation pattern and a potential on-chain supply shock suggests BAT is well-positioned for further upside. The market is absorbing the supply while the price structure refuses to break lower—a classic recipe for a bullish expansion.