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Bitcoin Price Analysis: Short-Term Consolidation, But Bearish Sentiment RemainsBitcoin prices have been volatile over the past week, exhibiting a clear bearish trend. Since hitting a high of $61,868 on August 11th, BTC/USD has tumbled to around $57,681 and has been consolidating around the $59,000 mark

Ethereum (ETH) Short-Term Trend Analysis: Opportunities and Risks Amidst ConsolidationPreface:Ethereum (ETH), the world's second-largest cryptocurrency, has garnered significant market attention for its price volatility in recent years. Lately, ETH prices have been consolidating within the $2500 to $2700 range, exhibiting notable fluctuations

Bitcoin Market Analysis: Short-Term Pullback, Long-Term Bullish?PrefaceBitcoin prices have seen significant volatility last week, peaking at a new high before quickly retreating, catching many investors off guard. Market sentiment is currently cautious, with many pondering the market's direction in the coming week

Bitcoin Rebounds to $60,000, But Volatile Pressures Remain in the Short TermThe cryptocurrency market recently experienced a rebound, with Bitcoin (BTC) breaking through the $58,000 mark, surging nearly 3%, somewhat easing the previous panic sentiment. This recovery is widespread, with the CoinDesk 20 index gaining 2

Has Ethereum Bottomed Out? The Dragon's Dive Strategy Reveals Short-Term Rebound SignalsIntroduction:Recently, the price of Ethereum has experienced a pullback, causing concern among many investors. However, as the proverb goes, "The bridge will appear once you get there

Will Bitcoin face selling pressure, but rebound to $60,000 in the short term?The cryptocurrency market has recently experienced significant volatility, with Bitcoin prices falling sharply over the past week, but bouncing back nearly 3% on Tuesday. However, some analysts have warned that the market may face selling pressure from multiple sources, putting further pressure on prices

Bitcoin Faces Resistance at $65,000: Short-Term Traders to Break Even, Highly Leveraged Shorts at RiskBitcoins price is attempting to recover from its June slump, but on-chain data suggests it may face resistance around the $65,000 level. While historical data shows Bitcoin usually exhibits a strong rebound in July, technical analysis and on-chain metrics indicate any rally this month could be capped by selling pressure at the $65,000 mark

Bitcoin Pullback: Short-Term Holders Suffer Heavy Losses, Can the Bull Run Continue?Recently, Bitcoin prices have experienced a sharp pullback, triggering market panic and resulting in significant losses for short-term holders. According to on-chain data analytics firm Glassnode, Bitcoin prices plummeted over 16

Dogecoin (DOGE) at a Crossroads: Crucial Support Level Will Determine its FateDogecoin (DOGE), the cryptocurrency that once took the world by storm with its humor and community spirit, is now at a critical juncture. Recent price volatility and cautious market sentiment have cast uncertainty over DOGE's future trajectory

Binance Coin (BNB) Price Analysis: Short-Term Bearish, Long-Term Sideways?The cryptocurrency market kicked off the last trading day of the week on a bullish note, with Binance Coin (BNB) leading the charge, increasing by 0.39% from yesterday

Ethereum Short-Term Trend Analysis: Is a Pullback a Good Time to Buy?PrefaceHello everyone, I'm Lei Gong! Yesterday, I analyzed the short-term trend of Bitcoin, and the conclusion was that it would rise. However, the actual result was only a brief surge, followed by a drop below the first support level

Seize the Short-Term ADA Opportunity: Strong Bullish Momentum Initiates a New UptrendPreface:The market is volatile, and seizing opportunities is crucial. Yesterday, BTC broke through the $70,000 mark, once again validating my bullish prediction