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Bitcoin Struggles, but Signs of a Breakout Emerge: Is the Market Ready to Turn?While Bitcoin prices continue to fluctuate within a narrow range, on-chain analysis reveals that trading activity on the Bitcoin network has reached a three-year low, suggesting waning interest in the network. However, some analysts believe this could mean a significant breakout is imminent

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

Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's CorrectionAugust was undoubtedly a tough month for the crypto market, with Bitcoin (BTC) experiencing a 30% correction, from its high of $70,000 to a low of around $49,000. However, analysts predict that the decline below $50,000 may mark the bottom of the correction, with improvements expected in the final quarter of 2024

Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified

Bitcoin Recovers After Briefly Dipping Below $56,000September 4, 2021 - Bitcoin continued its decline today, briefly dipping below $56,000 before recovering to the $56,000 level.

Bitcoin and Ethereum Futures Dropped on Tuesday, Losses Widened Ahead of ISM Manufacturing Index ReleaseAt the close of trading in New York on Tuesday, the CME Bitcoin futures contract (BTC) settled at $58,485.00, down 1

Bitcoin Futures Plunged Over 1%, Ethereum Futures Fell Over 3%At the close of trading in New York on Tuesday (September 3), the CME Bitcoin futures BTC main contract settled at $58,485.00, down 1

Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%

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

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

How Will the Market React to Recent ETH Sales by Ethereum Co-founder Buterin and the Foundation?Vitalik Buterin, the co-founder of Ethereum, recently transferred approximately $10 million worth of ETH to wallets associated with cryptocurrency exchanges, sparking market speculation about whether he was selling ETH. At the same time, the Ethereum Foundation sold 84,000 ETH worth over $207 million in August, using these funds to finance development, research, and other important projects within the Ethereum ecosystem

Bitcoin's Breakout Above $73,800 Hinges on Bulls Overcoming Sell PressureWhile Bitcoin traders are optimistic about the price breaking free from its recent slump and surging to the $73,800 local resistance level, the reality is less rosy. Buyers need to show considerable conviction before Bitcoin can successfully break through these areas, which could trigger a significant amount of liquidations