Virtual currency

Santiment data shows that Bitcoin (BTC) whales are actively accumulating orange currency, with 16 new wallets currently holding 100-1000BTC. This trend indicates that investors' confidence in the future of flagship cryptocurrencies is constantly increasing

BitcoinIn the short term, there is an upward trend, indicating that investors are looking for an upward trend.The mid-term analysis of the cryptocurrency shows that it has overcome resistance to a downward trend, indicating potential sideways movement or stability

Ethereum prices have successfully rebounded from a level of $1520 against the US dollar. ETH currently faces obstacles near resistance levels of $1565 and $1600

PancakeDue to weekend reasons, market volatility has become the norm, with only over a hundred points of room in the white range until breaking through the bottleneck of 27200 in the early morning and reaching a high of 27293. From the perspective of the four hour structure, the currency price has retreated from the high point of 28295 to the low point of 26538 and then started to move upwards again! The current currency price is on the upper track, ending with a triple positive line

Despite the continuous growth of trading volume, Dogcoin still faces strong pressureAccording to multiple positive on chain indicators showcased today, Dogcoin is no longer the favorite of whales in the market. According to IntoTheBlock (ITB) data, the huge trading volume of Dogcoin over the past week is expected to be slightly over $1 billion, with a slight decrease of 1% within the aforementioned time frame

To learn more about the coin circle, clickContinuously updating,Prospects for the Trend of Cryptocurrency in the Second Half of 2023: Rainbow without StormhotspotRecently, there have been frequent dovish comments from Federal Reserve officials, which is a good thing for the market. If interest rate hikes can be stopped early, it is likely that interest rate cuts will be made early next year

After selling a large amount of Ethereum this week, the price of Ethereum has experienced a significant decline. The unexpected decline has made the cryptocurrency community anxious about the stability of the world's second largest cryptocurrency and the long-term impact of the decline

Recently, the Ethereum Foundation sold1700Ethereum (ETH) tokens. This has led to a slight decrease in Ethereum prices

On chain data indicates that Ethereum's closing price below $1530 may lead to a significant decline in cryptocurrency.Currently, Ethereum's support level is very weak below $1530In a new post on X, analyst Ali discusses the current support and resistance levels of Ethereum

Limited institutional interest in Ethereum in the context of a bear marketIn the context of the crypto bear market, starting from October 2nd, six different Ethereum futures financial instruments officially began trading, but have not yet reignited institutional investors' enthusiasm for ETH. The total trading volume of ETH futures ETFs on their first day was less than $1

At the beginning of this week, Bitcoin experienced stable performance over the weekend, while Shanzhai Coin continued to bear losses and experienced significant adjustments, indicating a possible bearish trend. This adjustment has affected some popular meme coins, such as dog coins and firewood coins, which have become the biggest losers of the day

There are multiple factors and uncertainties involved in whether Bitcoin still has room for development in the future, so it is impossible to provide a definitive answer.The advantages of Bitcoin lie in its decentralized nature, low transaction friction, potential global payment capability, and possible anonymity