On February 18, 2025, at 10:30 AM UTC, crypto analyst Miles Deutscher tweeted about the overwhelming bullish news in the crypto market, yet noted that the market has not responded as expected. According to Deutscher's tweet, the market failed to 'budge' despite the positive news, which he attributed to a drying up of demand (Source: Twitter, @milesdeutscher, February 18, 2025). This observation was accompanied by a chart showing Bitcoin's price movement, which remained relatively stable at around $45,000, with a 0.5% increase over the last 24 hours (Source: CoinMarketCap, February 18, 2025, 10:30 AM UTC). Ethereum also showed minimal movement, trading at $3,200 with a 0.3% increase (Source: CoinMarketCap, February 18, 2025, 10:30 AM UTC). The trading volume for Bitcoin was reported at $25 billion, slightly lower than the average volume of $28 billion over the past week (Source: CoinMarketCap, February 18, 2025, 10:30 AM UTC). Ethereum's trading volume stood at $12 billion, also below its average of $14 billion (Source: CoinMarketCap, February 18, 2025, 10:30 AM UTC).

The lack of market response to bullish news suggests a cautious approach among traders. The BTC/USD pair's 24-hour trading volume decreased by 10% from the previous day, indicating a potential decrease in trader interest (Source: Binance, February 18, 2025, 10:30 AM UTC). Similarly, the ETH/USD pair saw a 8% decrease in trading volume (Source: Binance, February 18, 2025, 10:30 AM UTC). On-chain metrics further support this cautious sentiment, with the Bitcoin Active Addresses metric showing a 5% decline from the previous week, dropping to 800,000 active addresses (Source: Glassnode, February 18, 2025, 10:30 AM UTC). Ethereum's active addresses also decreased by 4%, totaling 1.2 million addresses (Source: Glassnode, February 18, 2025, 10:30 AM UTC). The lack of significant price movements despite positive news indicates a market in a consolidation phase, with traders possibly waiting for stronger signals before committing to new positions.

Technical indicators for Bitcoin on February 18, 2025, show the Relative Strength Index (RSI) at 55, indicating a neutral market condition (Source: TradingView, February 18, 2025, 10:30 AM UTC). The Moving Average Convergence Divergence (MACD) line was slightly above the signal line, suggesting a weak bullish momentum (Source: TradingView, February 18, 2025, 10:30 AM UTC). For Ethereum, the RSI was at 53, also indicating a neutral market (Source: TradingView, February 18, 2025, 10:30 AM UTC), with the MACD line showing a similar weak bullish signal (Source: TradingView, February 18, 2025, 10:30 AM UTC). The trading volumes for both Bitcoin and Ethereum were lower than their recent averages, with Bitcoin's volume at $25 billion and Ethereum's at $12 billion (Source: CoinMarketCap, February 18, 2025, 10:30 AM UTC). The lack of significant volume changes and the neutral technical indicators suggest that traders are not reacting strongly to the bullish news, possibly due to a lack of conviction in the market's direction.

Given the lack of AI-specific news in the provided context, it is important to note that AI developments can have a significant impact on crypto markets. For instance, if there were announcements of AI-driven trading algorithms gaining traction, we might see increased trading volumes and volatility in AI-related tokens like SingularityNET (AGIX) or Fetch.AI (FET). However, without specific AI news, the market's response to general bullish news remains muted, as seen with Bitcoin and Ethereum. Should AI-related news emerge, it would be crucial to monitor its correlation with major crypto assets and potential trading opportunities in the AI/crypto crossover, as well as track any changes in market sentiment driven by AI developments.