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Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk RemainsBitcoin:The 4H chart for Bitcoin shows that the price has broken below the lower boundary of the range as expected, and there are no signs of a rebound yet. Yesterday we mentioned that the supply within the current range is biased towards selling, so it's highly likely that the price will break below the bottom of the range

Binance Coin (BNB) Rallies 9%, Reclaims Fourth Largest Cryptocurrency Spot, Amidst Regulatory Challenges and Price PredictionsBinance Coin (BNB) has witnessed a significant resurgence, surging 9% in the past 24 hours, reclaiming its position as the fourth-largest cryptocurrency. However, regulatory concerns continue to pose challenges for BNB, fueling Fear, Uncertainty, and Doubt (FUD) amongst consumers

Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential CryptocurrenciesThe overall market trend remains bearish, and it is expected to continue fluctuating within the range of 62,500-64,000 in the short term. Ethereum is expected to fluctuate in the range of 2,650-2,750, while Solana is relatively strong and is expected to fluctuate in the range of 155-162

TON Event Shakes the Market, Bitcoin Consolidates, Outlook for the New WeekYesterday, the biggest event in the crypto world was the arrest of TELEGRAM's founder, causing a significant drop in both the TVL (Total Value Locked) and price of TON-related ecosystems. Until official clarification is provided, this fear sentiment will not dissipate in the short term

Interest Rate Cuts Are a Done Deal, Crypto Market Poised for a Bull Run, Will Institutional Accumulation Spark a New Bull Market?Interest rate cuts are basically a done deal. While this is long-term bullish, it's not a short-term catalyst for immediate price surges

Bitcoin Nearing $66,000? On-Chain Data and Technical Indicators Hint at Bullish SignalsBitcoin's price could soon break through the $66,000 mark, fueled by robust on-chain metrics and a bullish technical pattern. The 14-Day Market Realized Gradient and the NVT Golden Cross metric both show positive signals, suggesting a potential upward trend

Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This WeekBitcoin is poised for a critical monthly candle close this week, with BTC price action battling back against sellers in a bid to reverse the August 8th crash. As the end of August approaches, Bitcoin has embarked on a resurgence, with BTC price targets set at $65,000

The Interest Rate Cut Trigger: A New Era for Bitcoin Bulls?Markets abhor uncertainty, which could be the reason behind Bitcoin's sideways trading since March. Despite positive factors like record ETF inflows, rapid institutional adoption, post-halving effects, and an increasingly heated political and regulatory landscape, the price has remained stagnant

The Fed Hints at Rate Cuts, Bitcoin Surges to $62,000, but Future Trajectory Remains UncertainA potential rate cut hinted at by Federal Reserve Chair Jerome Powell on Friday sent Bitcoin prices soaring past $62,000. However, the short-lived price surge also triggered a liquidation of over $21 million in short positions within an hour, coupled with some long liquidations

BNBChain Releases BNBGreenfield Whitepaper: A New Era for Decentralized Storage in Web3BNBChain has announced the release of the BNBGreenfield whitepaper, marking a new era for decentralized storage in its ecosystem. BNBGreenfield is a decentralized storage system that integrates smart contracts into Web3 applications and ensures data availability through economic incentives and penalties

Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance

Vitalik Buterin Publicly "Endorses" Ethereum: Bullish Signal Emerges?Yesterday, an image of Vitalik Buterin publicly "endorsing" Ethereum went viral in the crypto community, sparking widespread discussion. Seasoned investors understand the significance of this image, as it suggests that the time for Ethereum's price to rise may be approaching