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New York Market Bitcoin Futures Update: CME Price Fluctuations and Economic News Crosscheck
New York Market Bitcoin Futures Update: CME Price Fluctuations and Economic News CrosscheckIt is worth noting that at 18:05 Beijing time, Bitcoin price once hit a new low of USD 58,000, which triggered widespread market attention. This price fluctuation not only reflects the general market concern about cryptocurrencies, but also reflects the complexity and uncertainty of the cryptocurrency market
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Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward Trend
Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward TrendThis article will provide a recap analysis of the Ethereum (ETH/USDT) 1-hour chart, discussing the overall trend and market structure based on support and resistance levels depicted in the chart. This analysis will provide strategic insights for short-term trading
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Top Crypto Pros: How to Stay Unfazed by Short-Term Fluctuations?
Top Crypto Pros: How to Stay Unfazed by Short-Term Fluctuations?BTC hit resistance today, with a relatively small overall drop, currently remaining at a high level. After falling from its peak to around 57,000, it quickly rebounded to near 60,000
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Is a Bitcoin Rebound Looming After Recent Plunge? A Deep Dive into the Causes of the Decline and the Golden Period for a Potential Rebound!
Is a Bitcoin Rebound Looming After Recent Plunge? A Deep Dive into the Causes of the Decline and the Golden Period for a Potential Rebound! In the ever-volatile digital currency landscape, every Bitcoin fluctuation sends ripples throughout the global investor community. Recently, Bitcoin has experienced an unexpected downturn
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BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band Resistance
BTC Breaks Through Double Resistance in the Short Term, ETH Retraces After Touching Bollinger Band ResistanceYesterday, BTC hit a low of 57093 and a high of 59412, with a fluctuation range of 2319 and a volatility of 4.0%
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"Red" September? Five Things to Watch for Bitcoin This Week
"Red" September? Five Things to Watch for Bitcoin This WeekSeptember began with a less-than-ideal price performance for Bitcoin. Both monthly and weekly closings drove BTC prices down, trading close to spot demand at $57,000, signaling low trader interest and a marked lack of bullish sentiment
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Bitcoin Reclaims $59,000 Mark, What's Next for the Short-Term Trend?
Bitcoin Reclaims $59,000 Mark, What's Next for the Short-Term Trend?Bitcoin surged to near $59,500 early this morning, with Ethereum also returning to the $2,500 level. Where are the support and resistance levels for BTC in the short term?It's worth noting that the US market was closed yesterday for Labor Day, and significant volatility is expected when it reopens tonight
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Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election Outcome
Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election OutcomeBitcoins weak trading pattern is likely to persist for another month as crypto traders await clarity on the Federal Reserves interest rate cuts and the upcoming presidential election. August was a rough month for crypto, with Bitcoin dropping 10
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Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500
Bearish Signals Flash for Binance Coin (BNB), Price Could Dip Below $500Binance Coin (BNB) has dropped over 10% in the past week, currently trading below its downtrend line from August 23. Technical indicators like the MACD and DMI suggest that BNB could face further short-term declines, as the bearish momentum remains strong
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Dogecoin Price and Lunar Cycles: A Hidden Correlation?
Dogecoin Price and Lunar Cycles: A Hidden Correlation?The price fluctuations of Dogecoin (DOGE) may be more than just market noise. A recent analysis has uncovered a compelling link between Dogecoins behavior and lunar cycles
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ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of Reversal
ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of ReversalAccording to Odaily Planet Daily, on-chain analyst Ali shared Glassnode data on X, revealing that Ethereum's MVRV (Market Value to Realized Value) Momentum indicator remains in a downward trend, with no signs of a reversal yet. This suggests that Ethereum's price may continue to decline
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Bitcoin in September: Last Dip or Rebound Prelude?
Bitcoin in September: Last Dip or Rebound Prelude?Bitcoin continued its downward trend on Saturday, breaking below the descending channel line, sparking market concerns about further declines. The market expects Bitcoin to drop to around 57900 or 57500, but it is recommended to wait for the bottom formation to appear before considering buying