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Crypto Market Rebounds Strongly, Ethereum Breaks $3100The cryptocurrency market showed strong performance on July 9th, with Ethereum breaking through the $3100 mark, demonstrating a strong upward trend with a daily gain of over 5%. Bitcoin also followed suit, rebounding to around $5800, with a gain of about 3

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

Trump's Return, Bitcoin Dreams of $200,000? Republican Platform Endorses Crypto, Can the Crypto King Return to its Peak?As the 2024 US presidential election approaches, the cryptocurrency market has once again become a global focal point. Recently, Bitcoins price dipped to $55,000, a drop of over 20% from its year-high of $73,000, causing some market confidence to waver

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 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

Ethereum Current Trend Analysis: Consolidation at the Bottom, Bull Market Still On!The recent decline in the crypto market has left many investors anxious, but Ethereum has shown resilience and has not broken below its previous low. Its strong performance is still worth watching

CPI Data Release Tonight: Will the Crypto Market See Another Shakeout?Introduction:Tonight, the highly anticipated CPI data will be released, once again becoming a major indicator for the cryptocurrency market. Historically, every release of CPI data has led to volatile market movements, with bulls and bears engaging in fierce battles

Bitcoin: Bulls and Bears Clash, Is a Bottom in Sight?The cryptocurrency market has been volatile recently, with Bitcoin prices experiencing a significant decline and now standing at a bullish-bearish turning point. While several technical indicators suggest a further drop, the strong buying activity from whales hints that a price rebound may be imminent

Why Are Gold Stocks Not Rising When Gold Prices Are? Unveiling the "Leverage Failure" of Gold Mining StocksIn the investment world, it's often said that "when gold prices rise, gold stocks will follow suit." However, this isn't always the case

Germany Sells Bitcoin: Market Impact Gradually Slows, Bottom Bounce Expected?Since June 19th, German government-related wallets have frequently transferred large amounts of Bitcoin to exchanges and market makers such as Coinbase, Kraken, and Bitstamp for sale, sparking widespread market attention. This move is considered another major factor contributing to the recent decline in Bitcoin prices after the Mt

Cryptocurrency Market Rollercoaster: Ethereum Price Breaks Key Support, $3,000 Level PrecariousThe cryptocurrency market has been experiencing sustained volatility, with Bitcoin prices declining continuously, followed by Ethereum, which is facing immense selling pressure. The global market capitalization has fallen below $2

Bitcoin Breaks $60,000, Altcoin Market Roars Back to Life: Opportunities and Challenges AwaitBitcoin's price surge past the $60,000 mark ignited a wave of excitement in the cryptocurrency market, driving a renewed surge in the altcoin market. Numerous altcoins have experienced significant price fluctuations in recent times, attracting considerable investor attention