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Dogecoin (DOGE) poised to break out of a descending wedge pattern, but upside potential remains limitedWhile Dogecoin (DOGE) has been fluctuating within a descending wedge pattern in recent days, and might break out soon, market analysis suggests that a significant price surge after the breakout is unlikely.Weak momentum, ADX indicator reveals waning uptrendDogecoin's momentum has clearly weakened, with the Average Directional Index (ADX) indicating a fading uptrend, currently at a very weak level

Bitcoin Short-Term Squeeze, ETH About to Explode? Today's Market AnalysisYesterday, Bitcoin (BTC) reached a low of $62,320 and a high of $64,126, with a fluctuation of $1,806 and a volatility of 2.9%

Fed Cuts Rates by 50 Basis Points, Crypto Market Rallies in ResponseOn September 18, Federal Reserve Chair Jerome Powell addressed reporters in Washington. The Fed announced a 50 basis point reduction in its benchmark interest rate range, bringing it to 4

Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?Ethereum has been facing a challenging period lately, with DeFi developers clashing with Vitalik Buterin, and numerous community members expressing their dissatisfaction with the ETH founder, urging him to leave his girlfriend and focus on driving prices up. However, amidst these challenges, Ethereum experienced a significant rebound fueled by the Federal Reserve's recent interest rate cut, surging from below $2400 to $2500, even briefly surpassing $2600, bringing joy to many holders

Bitcoin and Ethereum 4H Chart Analysis: Oscillation and Correction PlayBitcoin is currently in a weak range-bound movement above the support level. After rebounding from the support level, the subsequent trend and trading volume are somewhat weak

Bitcoin's 28 Million Times Surge in 10 Years: Will It Keep Rising?A decade ago, in 2010, a single Bitcoin was worth $0.0025, less than a dime in Chinese yuan

Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?While the Coinbase Bitcoin Premium Index recently turned negative, indicating a decline in US investor interest in Bitcoin, the cryptocurrency's price has continued to surge following the Fed's rate cut, even briefly surpassing $64,000, marking a new high for the month. This suggests that despite the muted performance of the US market, interest in cryptocurrencies remains strong globally, particularly fueled by powerful buying pressure from Binance

The Fed's Rate Decision Looms, Bitcoin Dives, Market Mood CautiousWith anticipation running high, the Federal Reserve is set to announce its September interest rate decision at 2:00 AM Beijing time on Thursday. Ahead of the announcement, the market has displayed a cautious mood, with Bitcoin experiencing a dive, US equities trading mixed in the evening, and gold and silver also declining slightly

SEC Approves Nasdaq Listing of Options Contracts on iShares Bitcoin Trust ETF The Securities and Exchange Commission (SEC) on Friday approved Nasdaq Inc.'s application to list options contracts related to the iShares Bitcoin Trust ETF

The Fed Turns Dovish, but Gold and Bitcoin Remain Uncertain? The Federal Reserve surprised everyone with a 50-basis point interest rate cut! This news sent shockwaves through the financial markets. Logically, a rate cut should be like a shot of adrenaline for the markets, causing both gold and Bitcoin to rally

Ethereum Crisis: Modularity, Human Nature, Competition and LeadershipEthereum, once the King of Altcoins, is now in crisis. Its halving rules are beginning to shake, and many altcoins are also in a slump

Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 NextEthereum price has continued its upward momentum after breaking through the $2,420 resistance level, currently trading close to $2,500. The price has been on a consistent upswing since overcoming the $2,320 resistance level