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BTC/ETH Short-Term Analysis: Bitcoin Consolidates After Pullback, Ethereum Shows SupportYesterday (October 26, 2023), BTC reached a low of 66,536 and a high of 67,825, with a volatility of 1,288 points and an amplitude of 2.0%

With US Presidential Election Approaching, Bitcoin Options Market Shows Strong Bullish Sentiment, Targeting $80,000?As the US presidential election draws near, the Bitcoin options market is exhibiting a strong bullish sentiment. According to data from Deribit, the largest crypto options exchange, the ratio of Bitcoin put options to call options has been trending downwards, indicating that more traders are purchasing call options than put options

Bitcoin Shows Signs of Recovery, Cryptocurrency Market Demonstrates StrengthAccording to BlockBeats, September 3rd, crypto market analytics firm Santiment stated that Bitcoin exhibited signs of recovery as the S&P 500 index was paused due to the Labor Day holiday in the US. Santiment noted that Bitcoin's growth, independent of stock market trends, indicates a strong inherent strength within the cryptocurrency industry

Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry UpdatesThirteen out of the top 25 ETFs launched in the US this year are related to Bitcoin or Ethereum, with four spot Bitcoin ETFs taking the top four spots on the list of ETFs attracting the most capital inflow in the US this year. Nate Geraci, President of TheETFStore, said on social media, "Out of approximately 400 new ETFs listed in the US this year, the top four in terms of year-to-date capital inflow are all spot Bitcoin ETFs

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

Ethereum 1-Hour Chart Shows Upward Consolidation: Strategy and Risk AnalysisEthereum (ETH) has recently exhibited an upward consolidating trend, with prices oscillating between support and resistance levels, drawing market attention. This article will delve into the technical analysis of Ethereum's 1-hour chart, providing a short-term trading strategy to help investors better navigate market trends

Bitcoin price recently surged higher and broke the $68,500 resistance level. This move suggests that the market may be in a recovery phase, however, it remains to be seen whether bitcoin will be able to sustain the upswing

Following the recent leadership in cryptocurrenciesAfter the surge in units, investors once again turned their attention toBitcoinBTCBitcoinBitcoinBitcoinCredibleCrypto, a cryptocurrency analyst closely monitored by investors, stated that the open positions (OI) leading cryptocurrencies are decreasing, indicating that highly leveraged investors are being marginalized.BitcoinBitcoinBitcoinCoin installationOur holdings have returned to their levels before the recent surge, while prices have continued to rise

The possibility of Ethereum (ETH) rising to Monday's high againAt present, it is unclear whether the bullish belief in the short term is enough to drive a 3% rebound. # Ethereum, etc#The supply of Ethereum (ETH) has increased, reaching its highest level in the past ten months

According to the latest third quarter financial report released by electric vehicle manufacturer Tesla, the company has not completed any Bitcoin (BTC) sales in the past three months.Tesla holds 9720BTCAs of September 30th, Tesla holds approximately 9720BTC of Bitcoin, currently worth approximately $275

The weaknesses and overly complex regulations of Bitcoin keep cryptocurrencies away from counterfeit currencies. This has caused Bitcoin's market dominance to hover around 50% in the past few days

IntoTheBlock points out that the number of ETH whales has been increasing recently.The trend of ETH accumulation between whales may indicate trust and confidence in the entire project