-
Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions Up
Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200
-
Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!
Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!Bitcoin surged upwards again last night, reaching a high of $68,400. It is currently consolidating in the flag's upper boundary area
-
BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags Behind
BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags BehindBitcoin (BTC) broke through its previous high of $66,500 this morning, hitting a new high for this phase but still remains within a triangular convergence area. The upper resistance level is at $67,200
-
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish Sentiment
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0
-
Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction Speeds
Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH
-
The Public Chain Landscape is Shifting: Who Will Be the Next Investment Hot Spot?
The Public Chain Landscape is Shifting: Who Will Be the Next Investment Hot Spot?Do you think the public chain landscape is already settled? In fact, the situation is quietly changing. Although Ethereum remains the core of DeFi and NFTs, its high fees make its user experience somewhat weak
-
Why are Ethereum ETFs Underperforming? Bitcoin ETF's Frenzy Fails to Replicate
Why are Ethereum ETFs Underperforming? Bitcoin ETF's Frenzy Fails to ReplicateWhile spot Bitcoin ETFs have garnered nearly $19 billion in inflows within 10 months, Ethereum ETFs, which began trading in July, have failed to ignite the same market enthusiasm and are significantly underperforming their Bitcoin counterparts. Spot Ethereum ETFs have seen net outflows of $556 million since their launch, with $8 million in net outflows this week alone
-
Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle Interest
Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle InterestDespite a recent liquidation of $2.5 billion worth of futures contracts, leading to a reduction in positions for some traders, Bitcoin's open interest has seen a significant surge, now exceeding $19 billion
-
"Cold Knowledge" about Bitcoin: Unveiling the Secrets Behind Digital Currency
"Cold Knowledge" about Bitcoin: Unveiling the Secrets Behind Digital CurrencyBitcoin, the earliest cryptocurrency, has become an iconic presence in the digital currency realm since its inception in 2009 by the mysterious figure Satoshi Nakamoto. It has not only revolutionized the financial sector but also sparked a wave of decentralization
-
Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?
Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th
-
Cryptocurrency in 2025: A Light of Hope After the Winter?
Cryptocurrency in 2025: A Light of Hope After the Winter?The year 2025 looms like a shroud of uncertainty over the entire cryptocurrency world. Will Bitcoin break the $100,000 barrier? Will DeFi usher in a golden age, or will it face a bubble burst? How long will the memecoin frenzy last? These questions, like the sword of Damocles hanging over everyone's head, are both exhilarating and terrifying
-
Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of Hope
Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2