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Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?While Bitcoin prices continue to fluctuate within a narrow range, on-chain analysis reveals that trading activity on the Bitcoin network has reached a three-year low, suggesting waning interest in the network. However, some analysts believe this could mean a significant breakout is imminent

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

Meme Coin Market Cools Down: Dogecoin, Shiba Inu, and Pepe Struggle The broader crypto market has shown signs of recovery in the past 24 hours, with many digital assets, including Bitcoin, experiencing significant price increases. However, the meme coin space has not mirrored this upward trend

Cryptocurrency Market Volatility: Bitcoin Drops, Solana Holds Strong, Shiba Inu StrugglesMarket Overview:The cryptocurrency market continued to see volatility this week, with Bitcoin dropping below the key support level of $69,000, falling over 3% to $67,320, and losing its 21-day moving average, suggesting a potential shift in near-term price direction. Meanwhile, Solana exhibited remarkable resilience, maintaining its price around $150, indicating the asset may be gearing up for a further rise

The price of Bitcoin is currently at a critical position, around $29000. If the weekly closing price of the candlestick can be maintained above $30616, it will provide new impetus for the bull market rebound in 2023

Due to the dominant position of Bitcoin (BTC) still exceeding 50%, counterfeit currency has been performing steadily, but there are also some notable exceptions.The low market value of counterfeit coins may indicate the final stage of the bear market cycle

On September 2nd, the price of Ethereum (ETH) fell to $1620. Both on chain and derivative trading data indicate that Ethereum may experience more bearish resistance in the coming days

The negative news surrounding the world's largest cryptocurrency exchange, Coin An, has sparked panic in the cryptocurrency market and also sparked uncertainty and suspicion about the future direction of the market. The recent developments indicate that Coin Security is actively addressing ongoing regulatory issues and is also selling Bitcoin (BTC) to alleviate the selling pressure on its native token BNB, ensuring an upward trend in BNB prices

Recently, Danny Ryan of the Ethereum Foundation published the article "Reflections on Key Issues of Ethereum in 2023", which caused widespread controversy.He said: "At this time, the 'Ethereum Killer' (referring to Ethereum competitors) is wavering in the uncertainty of the bear market, and Bitcoin culture and technology are struggling in a blank, but Ethereum shows unprecedented strength