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Bitcoin 5-Day Moving Average Analysis: Consolidation, Bullish Trend RemainsSince the decline on August 5th, Bitcoin has surged by 30%, pushing prices back above $60,000. Despite recent market volatility, the long-term bullish trend for Bitcoin remains intact

The Fed Hints at Rate Cuts, Bitcoin Surges to $62,000, but Future Trajectory Remains UncertainA potential rate cut hinted at by Federal Reserve Chair Jerome Powell on Friday sent Bitcoin prices soaring past $62,000. However, the short-lived price surge also triggered a liquidation of over $21 million in short positions within an hour, coupled with some long liquidations

Ethereum Stagnant, Whale Dumping Sparks Concerns, Analyst: Remains Defensive Until Above $3050Ethereum's price has been consolidating within a narrow range for the past week, with minimal movement, a mere $128 fluctuation. On August 20, ETH price fell by 3

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

US Inflation Data Hints at Rate Cut, Bitcoin Market Remains CautiousFinancial markets rose broadly in early trading Tuesday, after the release of US July Producer Price Index (PPI) data showed cooling inflation, offering further room for the Federal Reserve to cut interest rates.PPI Data Hints at Potential Rate CutThe US Labor Department reported that the PPI rose 0

Bitcoin Price Analysis: Short-Term Consolidation, But Bearish Sentiment RemainsBitcoin prices have been volatile over the past week, exhibiting a clear bearish trend. Since hitting a high of $61,868 on August 11th, BTC/USD has tumbled to around $57,681 and has been consolidating around the $59,000 mark

Market Remains Calm After Trump Assassination Attempt: Why Are Investors Staying Cool?Early Monday morning in Asia, markets remained calm, with US stock futures slightly up, the US dollar index rising marginally, and Bitcoin breaking through the $60,000 mark, drawing market attention. This contradicts the general expectation of a dramatic market reaction to a "Trump assassination attempt"

Cryptocurrency Market Weekly Review: BTC Hits New High, ETH Struggles to Rebound, SOL Faces Pressure, TON Remains in Observation, BNB Weakly ReboundsBTC Hits All-Time High: After failing to break through $60,000 twice on July 10th and 11th, Bitcoin price experienced a slight pullback on Friday, but quickly rebounded. After the German government emptied 3,000 BTC addresses, BTC broke through the upper channel of the short-term downtrend and returned to the $60,000 mark

Bitcoin (BTC USD) briefly fell below $35000 on Tuesday, the first time in a week, despite price charts showing that the bull market is still intact.Due to increasing optimism about the possibility of approval for spot Bitcoin (BTC-USD) exchange traded funds, the most anticipated cryptocurrency hit nearly $38000 on Thursday and fell 3

Despite the current economic slowdown, Bitcoin (BTC) has broken the $35000 mark for the second time in the past week and remained above $34700. Nearly 80% of its holders are currently in a profitable state, and the cryptocurrency industry is holding its breath

Prior to the release of important weekly economic data in the United States, Ethereum once again rose above $1800 on Monday. In the coming days, consumer confidence and non farm employment data will be released before the Federal Reserve policy meeting

Hello everyone, I am Eleven. Let's analyze and analyze BTC and ETH in this issue