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Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season
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Ethereum Whales Return, ETH Price Could Break Downward Trend
Ethereum Whales Return, ETH Price Could Break Downward TrendAnalyst MichalvandePoppe says the ETH price could be on the verge of a breakout, driven by current valuations and improved macroeconomic conditions. The ETH price has been in a downtrend for over five months since the end of March, but recent bullish divergence could break the downtrend of the past months, which would have a significant impact on the entire market
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Ethereum (ETH/USDT) 1-Hour Chart Recap Analysis: Oscillation and Game Theory Within a Downward Trend
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
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ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of Reversal
ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of ReversalAccording to Odaily Planet Daily, on-chain analyst Ali shared Glassnode data on X, revealing that Ethereum's MVRV (Market Value to Realized Value) Momentum indicator remains in a downward trend, with no signs of a reversal yet. This suggests that Ethereum's price may continue to decline
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Bitcoin Market Analysis for September: Breakout of the Range, $24,800 at Risk, Downward Trend Likely to Continue
Bitcoin Market Analysis for September: Breakout of the Range, $24,800 at Risk, Downward Trend Likely to ContinuePrefaceHello everyone, I'm Jing Shi. Today is September 1st, let's review the Bitcoin trend in August and look ahead to the market direction in September
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Analysts say that the price of Dogcoin is expected to break through the multi-year downward trend
Popular cryptocurrency analyst Ali Martinez recently revealed the bullish outlook for the meme inspired cryptocurrency dog coin ($DOGE) and pointed out that the token is breaking through its multi-year decline triangle on its weekly chart.This analyst pointed out that at the time of this breakthrough, the TDSequential indicator showed a buying signal for cryptocurrencies inspired by memes, which "reinforces the bullish outlook of DOE"
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Is Ethereum (ETH) worth advancing at a low level as some counterfeit coins are developing downwards?
Hello everyone, this is Xiaoluo. Today we will talk about Ethereum (ETH)
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Bitcoin prices may experience downward pressure before rising to $29000
Bitcoin prices are slowly falling below the level of $28500. Before the bulls take a stance, BTC may fall towards the $28000 level or the 100 hour moving average
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Ethereum (ETH) has a strong bullish divergence within its daily framework, and the downward trend may be nearing its end
Ethereum (ETH) prices fell 10% in less than two weeks after failing to break through the psychological level of $1700. Despite the downward trend in prices, due to bullish divergence, the decline of ETH may be limited and is expected to rise by 5% to $1600
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Ethereum (ETH) Price Forecast: Will the downward trend continue?
The price of Bitcoin is beginning to move towards a worrying situation. A few hours ago, it lost important support, causing cryptocurrency investors to suffer even greater losses from counterfeit currency
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Liao Xinchen: It is difficult for Ethereum (ETH) to recover its upward trend and may continue its downward trend
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 Mars Finance
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Intraday drop below $22000! Experts say Bitcoin will enter a long-term downward channel
On the morning of June 14th, Bitcoin fell short of the $22000 mark in intraday trading, with a quote of $21904 per coin as of 11:34, which is already the lowest level since the end of 2020.Pan Helin, co director and researcher of the Research Center for Digital Economy and Financial innovation of the International Joint Business School of Zhejiang University, told the reporter of Shell Finance that this round of sharp drop in Bitcoin is because the virtual currency itself is a risky asset