Category

Bitcoin Faces Potential Major Pullback: Glassnode Analysts Predict Price MovementGlassnode analysts are warning that despite Bitcoin's recent record highs, its continued upward momentum may be nearing its end, with a significant price correction potentially looming in the coming days. A report released on Tuesday notes that Bitcoin has entered a new price discovery phase, with nearly all circulating Bitcoin currently in profit

Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook PositiveBitcoin (BTC) has recently exhibited robust performance, forming a crucial technical pattern known as the "Golden Cross." This signal, which occurs when the 30-day moving average (30-DMA) crosses above the 365-day moving average (365-DMA), is generally perceived as a strong bullish indication for the market

BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags BehindBitcoin (BTC) broke through its previous high of $66,500 this morning, hitting a new high for this phase but still remains within a triangular convergence area. The upper resistance level is at $67,200

Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%

Bitcoin Drops Below $60,000, Miners Face Potential $10 Billion LossBitcoin has been on a downward trajectory after reaching a two-month high of $66,500 on September 27th, experiencing a total decline of approximately 7% over the past three trading days. Starting on the evening of October 1st, Bitcoin rapidly dipped from $63,800 to a low of $60,128

Ethereum Faces Headwinds: Whale Dump, Key Departure, Pectra Hard Fork Delay - Short-Term Bearish for ETH?Ethereum has been facing a challenging period lately, with DeFi developers clashing with Vitalik Buterin, and numerous community members expressing their dissatisfaction with the ETH founder, urging him to leave his girlfriend and focus on driving prices up. However, amidst these challenges, Ethereum experienced a significant rebound fueled by the Federal Reserve's recent interest rate cut, surging from below $2400 to $2500, even briefly surpassing $2600, bringing joy to many holders

Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5

Ethereum Faces Selling Pressure: Coinbase Premium Index Plunges, Exchange Supply Rises, Price Could Break Key SupportEthereum (ETH) price has been under sustained pressure recently, falling below $2,400 for the second time in three days. While the wider market may be hopeful that the latest decline marks a bottom, on-chain analysis points to a different narrative

Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1

Ethereum Spot ETFs: Outflows on the Surface, Undercurrents Running DeepDespite massive outflows from Grayscales Ethereum Trust (ETHE), BlackRocks ETHA and other Ethereum funds have attracted billions of dollars in inflows. While this may appear to signal a loss of momentum for spot Ethereum ETFs, the reality is far more complex

Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trendsAfter experiencing some fluctuations for a period of time, DOGE seems to be at a critical juncture, especially in the context of a bearish signal displayed on the weekly chart. Recent analysis from a post on X platform indicates that DOGE has fallen back to the previous reversal resistance area below, implying potential further downward pressure

The Crypto Market Swings Wildly: Bitcoin Bounces Back, Ethereum Faces PressureThe cryptocurrency market experienced a wild ride this week, with Bitcoin rebounding on Tuesday following a global market sell-off on Monday, while Ethereum, despite a rebound, remained under pressure after suffering a sharp drop on Monday, triggered by a chain of liquidations.Volatility Sparked by Global Market Sell-OffOn Monday, Japanese stocks plunged, triggering a circuit breaker