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Bitcoin and Ethereum 4H Analysis: Unexpected Drop, But Bottom Support Remains
Bitcoin and Ethereum 4H Analysis: Unexpected Drop, But Bottom Support RemainsBitcoin and Ethereum have recently experienced an unexpected drop in price, attracting market attention. Although the decline has surpassed expectations, the current trend is not entirely surprising
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Bitcoin Crashes Below $60,000, Ethereum Foundation "Dump" Triggers Market Shock
Bitcoin Crashes Below $60,000, Ethereum Foundation "Dump" Triggers Market ShockBitcoin prices have plummeted, breaking below $60,000 and even touching $58,000 at one point. Ethereum followed suit, falling below $2,500
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Ethereum Whales Buy the Dip, Bottom in Sight?
Ethereum Whales Buy the Dip, Bottom in Sight?While Ethereum ETFs have experienced net outflows, reaching nearly $500 million recently, analysts believe Ethereum may have bottomed out. Market whales investors holding large amounts of Ethereum are actively buying, a signal pointing towards a bottom bounce
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Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 Liquidated
Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 LiquidatedThe cryptocurrency market has experienced another massive shakeup, with Bitcoin continuing its sharp decline. Today, Bitcoin has broken through both the $60,000 and $59,000 levels, currently trading at $58,980, down 6
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Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market Confidence
Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC
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Bitcoin "Cup and Handle" Pattern Emerges: A Bullish Trend on the Horizon?
Bitcoin "Cup and Handle" Pattern Emerges: A Bullish Trend on the Horizon?From a technical analysis perspective, Bitcoin's weekly chart is exhibiting a pattern known as the "Cup and Handle," which typically signals an upward price trend after the pattern's full formation. However, it's important to note that before a breakout and new all-time high, a minor pullback often occurs, gathering momentum for the subsequent rally
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Bitcoin Plunges to Lowest Since August: What Triggered the Sell-Off?
Bitcoin Plunges to Lowest Since August: What Triggered the Sell-Off?Bitcoin suffered a sharp decline on Tuesday evening, falling below $59,000 and reaching its lowest price since August 19th. Ethereum also tumbled, with Ether prices dropping nearly 10%
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The $60,000 "Ghost": The Truth Behind the Cryptocurrency Market Crash
The $60,000 "Ghost": The Truth Behind the Cryptocurrency Market CrashAt three in the morning, the numbers on the phone screen flickered, as glaring as midnight neon lights, 60,000, 59,000, 58,000.
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Bitcoin Recovers Above $60,000, 24-Hour Decline Narrows
Bitcoin Recovers Above $60,000, 24-Hour Decline NarrowsAccording to ForesightNews, Bitcoin's price has climbed back above $60,000, currently trading at $60,081. The 24-hour decline has also narrowed to 4
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Ethereum Foundation's Mysterious 35,000 ETH Transfer: Where's the Transparency?
Ethereum Foundation's Mysterious 35,000 ETH Transfer: Where's the Transparency?On August 24, the Ethereum Foundation deposited 35,000 ETH (approximately $94.07 million) into Kraken, sparking widespread discussion within the crypto community
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Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment Remains
Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment RemainsEthereum [ETH] experienced a rapid surge last week, sparking anticipation among investors and traders for a bullish run. However, the price failed to sustain the gains, and the initial optimism quickly faded, leading to a cautious market sentiment
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Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk Remains
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