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The number of Bitcoin receiving addresses has reached a new high in a month. Market indicators are also optimistic about BTC, indicating that prices will further increase

21st Century Economic Report Journalists Hu Tianjiao, Jia Junhui, Beijing, GuangzhouFor investors familiar with cryptocurrencies, they have long been accustomed to the ups and downs of Bitcoin.Since the beginning of 2022, Bitcoin has stumbled below $36000

DOGE, born on December 8, 2013, is a virtual currency based on the Scrypt algorithm. The traffic has shown explosive development, but within two weeks, Dogcoin has launched specialized blogs and forums

Interface News Reporter | Si LinweiOn May 16th, Reuters reported that US President Biden and Republican House Speaker McCarthy are preparing for key debt ceiling negotiations, with just over two weeks left before the US government could experience an unprecedented debt default. Biden, McCarthy, and three other congressional officials plan to hold consultations on Tuesday

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

I have been in contact with the external disk for many years and have also summarized a "suitable" way to look at pictures through chart analysis, which only depends on time to determine.This week, Ethereum showed what I consider a bull market confirmation signal on the chart

Simply putThe price of dog currency (DOGE) has been declining since the beginning of the year and has reached a long-term support level.The weekly and daily price trends indicate that there may be more downside potential

On chain data shows that Bitcoin indicators are currently being retested at a critical level, which may determine the direction of the market from here.Bitcoin short-term holder SOPR has dropped to 1As an analyst pointed out in a CryptoQuant post, short-term holders are currently selling at breakeven points

Bitcoin is clearing through unconfirmed transaction stacks, but still at historical highsPrice:In the debate over the role of Bitcoin and concerns about halving, Bitcoin and Ethereum have started to remain flat in East Asia; Cobo's data indicates that market confidence is recovering, while Bybit links the surge in memecoin to reinvestment and warns that if Bitcoin fails to stabilize above $30000 after halving, it will have an impact on mining.opinion:The reduction in Bitcoin congestion has affected the rise of counterfeit coins, while the demand for BRC-20 tokens has led to high fees and increased miners' income without new users, which may change the relationship between Bitcoin and Ethereum and its market dynamics

On chain data shows that the buy/sell ratio of Ethereum recipients has recently formed a crossover, which historically indicates that asset prices have reached their peak.Ethereum Maker buy/sell ratio recently crossed 280 day and 476 day moving averagesAs an analyst pointed out in a CryptoQuant post, the last time this crossover was formed was in May 2021, when ETH observed a bull market rebound at the top

generalizationSenior analyst ToneVays believes that the possibility of Bitcoin rising is greater than the possibility of falling.Analysts expect Bitcoin to rise above $30000

Ethereum is showing strong bullish signs, which may continue into the weekend as the King of Counterfeit Coins enters LunarCrush's top ten popular search lists. The price trend of ETH may provide some breathing opportunities for traders and investors