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Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?BTC/USD has consolidated above $63,500, with bulls pushing hard to break the $65,050 resistance. This would mark a formal end to the current downtrend and could be the first step towards new all-time highs, potentially signaling the top of a bullish flag pattern

Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season

Is the Fed's Rate Cut Reversal Bringing New Opportunities to the Crypto Market?The Federal Reserve's rate cut plans have undergone a significant shift, causing drastic fluctuations in Wall Street's interest rate market. Unlike previous rate cuts during financial crises, this one seems unrelated to economic conditions and appears more as a preventive measure

Macquarie Bullish on Bitcoin Mining Companies, Citing Institutional Value Transfer and AI ApplicationMacquarie has initiated coverage on Bitcoin miners including Riot Platforms (RIOT.US), Marathon Holdings (MARA

Crypto Market Insights for Thursday: BTC, ETH, and Altcoin AnalysisThe US Core PCE data is set to be released, and Binance founder CZ is back, which could lead to further fluctuations in the crypto market. Yesterday, the market experienced a slight pullback with major coins like BTC and ETH hitting intraday support levels

Bitcoin Intraday Narrow Range Fluctuation, Bearish Sentiment Remains Strong, Short-Term Trading StrategyBitcoin price continued yesterday's consolidation trend today, failing to break through the key resistance above. The price is currently retracing to around $63,000

Ethereums Rebound in the Bear Market: Bullish Triangle Pattern Hints at $3,000 Target?While the overall cryptocurrency market remains in a bear market phase, Ethereum has shown remarkable resilience, forming a bullish triangle pattern on a 4-hour time frame. With a shift in overall market sentiment towards optimism, Ethereum's price has steadily climbed, poised to test the upper trendline

Ethereum Whales Drive Bullish Momentum: Can ETH Break $2,900?Ethereum [ETH] has finally shown signs of revival recently, striving to establish itself in a bullish market. This not only reflects improved market sentiment but also is closely tied to a crucial factor: strong demand from Ethereum whales

Bitcoin Hovers Above $64,000: Breakout Above August High Could Confirm Bullish Rebound, But Waning Spot Market Demand Hints at Short-Term ConsolidationBitcoin is currently hovering above $64,000, just a short distance from its August high of $65,200. Bitfinex analysts point out that a break above this level would signify the end of the long-term downtrend since the March high, confirming a broader uptrend from the October low below $30,000

Bitcoin Long Liquidation Risk Surges, $62,000 Emerges as Key ResistanceCurrently, long positions held by mainstream crypto exchanges are significantly higher than short positions on Bitcoin. This means that Bitcoin faces substantial liquidation pressure if the price were to decline

BlackRock: Calling Bitcoin a "risk-on" asset may be mischaracterizedDespite Bitcoin's recent correlation with US stock prices, Robbie Mitchnick, Head of Digital Assets at BlackRock, argues that calling the cryptocurrency a "risk-on" asset might be a misnomer. Stocks, commodities, and high-yield bonds are typically considered risk-on assets because they generally perform well during periods of market optimism and economic expansion

China's Central Bank Stimulus Plan Boosts Financial Markets, Bitcoin Breaks $64,000, Poised for Strongest September on RecordFinancial markets have regained optimism following the release of China's comprehensive stimulus plan. Data from Bitpush shows Bitcoin fluctuating near $63,200, subsequently breaking through the $64,000 resistance level