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Bitcoin Reclaims $59,000 Mark, What's Next for the Short-Term Trend?Bitcoin surged to near $59,500 early this morning, with Ethereum also returning to the $2,500 level. Where are the support and resistance levels for BTC in the short term?It's worth noting that the US market was closed yesterday for Labor Day, and significant volatility is expected when it reopens tonight

Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?Following the positive news last night, Bitcoin's price directly broke through the small parallel channel, subsequently embarking on a series of hammering actions, leading to significant losses for high-leverage long and short positions. Many retail investors believed this was merely a temporary fluctuation, unaware of the complexity that lay ahead

Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next WeekAugust has been a rough month for the world's largest cryptocurrency, with Bitcoin poised to end the month with a double-digit percentage decline. As of August 30th (CoinDesk), Bitcoin prices continued to trade sideways or move lower, down 12% for the month

Ethereum Price Dips, Experts Predict Rebound Later This Week or NextAmidst continued depreciation of Ethereum's price, prominent cryptocurrency analyst Michael van de Poppe highlighted the asset's current weakness and indicated a potential rebound timeframe in an early morning X platform post. Poppe's comments come as Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant downward pressure, echoing its rival Bitcoin

Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts

Will Bitcoin rise again? Analyst: Short-term bearish, frequent fluctuations next week, cautious operation!Bitcoin's volatility in the few minutes before and after the US stock market opened last night exceeded the volatility of the entire day, which was undoubtedly a nightmare for high-leverage players. They might have been profitable in the first few minutes, but turned into losses in the blink of an eye

Ethereum: The Foundation of the Next Generation InternetAs the second-largest cryptocurrency platform, Ethereum has become a major driving force behind blockchain technology and decentralized applications (dApps). However, understanding Ethereum can be challenging for newcomers to the cryptocurrency world

Bitcoin Breaks $61,000, CPI Data to be Key, What's Next for the Market?The data is set to be released, and Ethereum prices have crossed the $2,700 mark among altcoins. Other top 10 altcoins are fluctuating within their initial price ranges

Ethereum Spot ETF to Launch Next Tuesday? Multiple Sources Point to July 23rdThe cryptocurrency market is heating up again, with the price of Ethereum (ETH) surging nearly 6% today (July 16th) to reach near the $3,500 mark, surpassing Bitcoin. This surge is primarily driven by recent news of the upcoming launch of Ethereum spot ETFs

The Crypto Market is in Flux: Seize the Opportunity and Embrace the Next Bull Run!Today's Market Analysis:BTC:Bitcoin has broken through the short-term resistance level of 59602 analyzed yesterday, indicating that the daily consolidation is entering its later stages. The tipping point for a breakout is approaching

Embracing the Future: Solana and TON Leading the Next Crypto Bull RunThe cryptocurrency market is undergoing an unprecedented transformation, and at the heart of this revolution are Solana and TON. As new technologies emerge and the market matures, investment strategies need to evolve

Dogecoin (DOGE) Price Rebounds: Whales Enter, What's Next?Dogecoin (DOGE) successfully defended the key support level of $0.15 this week and experienced an uptrend in the past 24 hours, signaling a potential bullish run for DOGE