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Bitcoin prices surged overnight and continued to rise to over $27000.The 50 day and 200 day moving averages avoid death crossing and maintain a positive alignment

BitcoinIn the short term, there is an upward trend, indicating that investors are looking for an upward trend.The mid-term analysis of the cryptocurrency shows that it has overcome resistance to a downward trend, indicating potential sideways movement or stability

PancakeDue to weekend reasons, market volatility has become the norm, with only over a hundred points of room in the white range until breaking through the bottleneck of 27200 in the early morning and reaching a high of 27293. From the perspective of the four hour structure, the currency price has retreated from the high point of 28295 to the low point of 26538 and then started to move upwards again! The current currency price is on the upper track, ending with a triple positive line

Despite the continuous growth of trading volume, Dogcoin still faces strong pressureAccording to multiple positive on chain indicators showcased today, Dogcoin is no longer the favorite of whales in the market. According to IntoTheBlock (ITB) data, the huge trading volume of Dogcoin over the past week is expected to be slightly over $1 billion, with a slight decrease of 1% within the aforementioned time frame

Recently, the Ethereum Foundation sold1700Ethereum (ETH) tokens. This has led to a slight decrease in Ethereum prices

On chain data indicates that Ethereum's closing price below $1530 may lead to a significant decline in cryptocurrency.Currently, Ethereum's support level is very weak below $1530In a new post on X, analyst Ali discusses the current support and resistance levels of Ethereum

Limited institutional interest in Ethereum in the context of a bear marketIn the context of the crypto bear market, starting from October 2nd, six different Ethereum futures financial instruments officially began trading, but have not yet reignited institutional investors' enthusiasm for ETH. The total trading volume of ETH futures ETFs on their first day was less than $1

At the beginning of this week, Bitcoin experienced stable performance over the weekend, while Shanzhai Coin continued to bear losses and experienced significant adjustments, indicating a possible bearish trend. This adjustment has affected some popular meme coins, such as dog coins and firewood coins, which have become the biggest losers of the day

According to Glassnode's data, when BTC whales accumulate, ETH whales sell. What's going on here?Famous figures in the Bitcoin industry have seized the opportunity to shoot their peers in the Ethereum community, but they also need to pay attention to the legal issues surrounding this industry

Bitcoin prices have started an upward correction since the $26550 region. BTC is on an upward trend and is facing strong resistance near the $27300 and $27500 levels

The NUPL indicator of Bitcoin shows the struggle between fear and optimism regions, and the current adjustment has returned to the fear region.Despite recent surrender, short-term Bitcoin holders have shown signs of reversal, indicating a potential strong return in the market

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