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Whether Bitcoin can rebound strongly will depend on the current level of market demand. In the past four weeks, whales holding over 1000BTC have been selling tokens

According to analysis company Glassnode, Bitcoin (BTC) is currently at a critical juncture and its next steps may be foreshadowed by on chain indicators.Glassnode stated that it is paying attention to the short-term holder market value and realized value (MVRV) indicators of BTC

After the U.S

The world's largest cryptocurrency, Bitcoin (BTC), continues to face sales pressure, falling by another 1.68% in the past 24 hours

Following the well-known Shapella upgrade that occurred earlier this year, Ethereum has taken some important steps for the upcoming Cancun upgrade. In addition, development should have a significant impact on the structure of the network

There are two factors driving asset prices - liquidity and faith. Liquidity refers to the amount of capital available for buyers and sellers to enter or leave the market

BTC has encountered a rebound at 25000, which indicates that the support at 25000 is effective support. It will touch the support point multiple times around this point and finally complete a new trend

Although there are signs of recovery in the cryptocurrency sector after recent consumer price index (CPI) data showed lower than expected inflation in the United States in April, Ethereum (ETH) is no exception, but there is still a risk of a pullback.An analyst in the cryptocurrency market introduced that "Ethereum has reached an important demand barrier of $1850 to $1905, which represents a key support area that cryptocurrencies need to retain to avoid further declines2

In the chaos of the cryptocurrency industry, some counterfeit currencies have shown gains on the weekly chart, and their performance is noteworthy compared to major currencies. Shanzhai coin analyst Sherpa shares some of the next steps in the development of shanzhai coins in a new video

A recent tweet released by the analysis platform Santiment shows that Ethereum's active deposits have just reached an 8-month high. In ordinary markets, the progress of such activities is usually welcomed by market participants

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit