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Dogecoin (DOGE) Price Plunges: Ichimoku Cloud Suggests 64% Correction Risk?Dogecoin (DOGE) has experienced a significant price drop of nearly 10% in the past 24 hours, pushing its market capitalization below $60 billion. This bearish trend is supported by the Ichimoku cloud, a technical indicator suggesting potential further downward pressure on DOGE in the short term, potentially leading to a correction as high as 64%

A Deep Dive into Bitcoin Bull Market Corrections: Is a 50% Drop the Norm or an Anomaly?Bitcoin's dramatic volatility is a hallmark, familiar to even seasoned investors. Significant corrections, even within bull markets, are commonplace, impacting investor confidence and portfolios directly

Dogecoin: A Retail FOMO Frenzy and the Looming Risk of a CorrectionA surge in retail Fear Of Missing Out (FOMO) is sweeping across the Dogecoin market, significantly increasing the risk of a near-term price correction! While Dogecoin's Relative Strength Index (RSI) on the 4-hour chart has rebounded from oversold territory, the current market sentiment is unusually exuberant, signaling a potential price pullback. This phenomenon, often described as "retail overload," historically precedes Dogecoin price drops, as seen in May 2024, January 2023, and May 2021

Bitcoin's price drop sparks investor concerns: Options market hints at a significant correctionBitcoin's failure to break the $100,000 mark has fueled market anxieties. A recent price drop exceeding 8%, hitting a one-week low, has prompted investors to reassess their strategies

Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price PredictionSince November 6th, 2020, when Donald Trump was declared the winner of the US presidential election, Bitcoin (BTC) price experienced a sharp surge, breaking above its previous high of $73,700 and initiating a strong upward trend on the daily chart. From $70,000 on November 6th, it skyrocketed to $99,588 on November 22nd, nearing the $100,000 mark a nearly 40% increase

Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!Recently, a picture has been circulating on social media, with some people using it to claim Ethereum is "trash" and devalue its worth, arguing that its price performance is weaker than Bitcoin's. The picture shows a comparison of Bitcoin and Ethereum prices at different points in time, with Bitcoin repeatedly breaking through $70,000 while Ethereum consistently declines, attempting to prove Ethereum's weakness

Bitcoin Hits $69,000, Market Sentiment High, Is a Correction Imminent?The cryptocurrency market has always been a focal point of attention, with Bitcoin (BTC)'s recent price fluctuations attracting global investors' scrutiny. According to CoinDesk, Bitcoin recently reached a high of $69,000, sparking discussions on whether it can continue its upward trajectory and break through the $70,000 mark

Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!Around 11 PM on Sunday (13th), Bitcoin experienced a notable decline after three consecutive days of gains, dipping as low as $62,050, momentarily triggering market panic. However, bulls swiftly countered, pushing Bitcoin prices back above $63,000, showcasing a dynamic battle between bulls and bears

Post-National Day Outlook for the Crypto Market: Potential Coins After Correction, and Secondary Market AnalysisThe National Day holiday has ended, and the crypto market has also seen a correction. Since September 1st, the overall market has been falling, with BTC dropping close to $62,000 and ETH around $2,400

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 Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at CorrectionBitcoin has been facing multiple headwinds recently, with declining trading volume, slowing ETF inflows, and historical data suggesting a potential correction in September, potentially pushing the cryptocurrency below the critical psychological level of $50,000.Cyrus Ip, Head of Content at Bybit exchange, stated that while the current market conditions suggest minimal resistance to a pullback below $50,000, new catalysts or headlines could rapidly shift market sentiment, especially in a low-liquidity environment

Recession or Top-Down Correction? Macro Data Analysis of the Crypto MarketWhile recession-mongering experts are abound, there are currently no clear signs of an economic recession. Instead, we see trends of increased government spending, currency depreciation, and global liquidity, which will continue until 2025, creating a favorable environment for risk assets, including cryptocurrencies