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Global Market Fluctuations: US Stocks Hit New Highs, While Chinese Stocks Mostly Decline, Powell's Remarks Offer Cautious SignalsDecember 5th, 2024 saw significant divergence in global financial markets. The three major US stock indices closed at record highs, driven by strong performance in the tech sector

Three Risk Signals Suggest Bitcoin Could Fall Below $90,000Bitcoin (BTC) failed to break through the $100,000 mark, dropping overnight to $94,500, raising concerns about the near-term market trend. Several key indicators suggest a further correction, potentially pushing the price below $90,000

Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!Bitcoin surged upwards again last night, reaching a high of $68,400. It is currently consolidating in the flag's upper boundary area

Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0

Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounceCurrently, Bitcoin is trapped within a large descending broadening wedge pattern, which typically signals bearish momentum. However, recent oversold signals indicate a possible shift in the near term

Bitcoin Bullish Signals Strong, CryptoQuant Analyst Predicts Continued Price RiseFollowing last week's announcement by the Federal Reserve (Fed) of a significant 2-point (50 basis points) rate cut, the cryptocurrency market has witnessed a continued rebound. The US Bitcoin Spot ETF has also seen continuous net inflows in recent days

BTC Price Surges Post-Fed Rate Cut, But FOMO Signals Potential Pullback?Following the Federal Reserve's announcement of a rate cut, Bitcoin's price rallied significantly, hitting a three-week high. However, the momentum has since calmed down, with the price starting to pull back

Cryptocurrency Market Weekly Review: Funding Rate Signals Rebound, Bitcoin Correlation with S&P 500 ClimbsThis week, the cryptocurrency market saw volatility, with Bitcoin's correlation with the S&P 500 reaching a 23-month high due to macroeconomic factors. Despite this, some institutions remain optimistic about the future of cryptocurrencies

Bitcoin Price Plunges to $40,600: TD Sequence Signals Potential PullbackAn analyst has explained why Bitcoin could be headed for a decline to $40,600, based on a pattern appearing on the cryptocurrency's two-month chart. The pattern, known as the Tom Demark (TD) Sequence, is sending a sell signal, suggesting that Bitcoin has likely reached a peak

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

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

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