-
ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of Reversal
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
-
Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent Performance
Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent PerformanceThe market witnessed significant fluctuations last night after the Federal Reserve hinted at potential interest rate cuts. Despite experiencing substantial declines previously, today the market exhibited clear signs of recovery, with Bitcoin leading the charge while altcoins displayed a diverging performance
-
Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?
Bitcoin "Dive" Returns! How did the market react to the German government's Bitcoin sell-off?On the evening of July 8, 2024, the price of Bitcoin suddenly plummeted, dropping from $57,200 to $54,800, causing widespread shock in the market. However, this "dive" only lasted for 10 minutes before Bitcoin quickly rebounded to $56,000, and subsequently surged to $57,100, ultimately stabilizing around $56,500
-
Ethereum 1-Hour Chart Shows Upward Consolidation: Strategy and Risk Analysis
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
-
Blockchain Weekly Report: VaaS Validates EOS, G20 Pushes Regulation, A-Share Companies Show Signs of Involvement
Blockchain Weekly Report: VaaS Validates EOS, G20 Pushes Regulation, A-Share Companies Show Signs of InvolvementThis week, the blockchain field continues to be active, showcasing rapid development from technical applications to regulatory trends. Here are the key events of the week:I
-
Bitcoin Price Shows Signs of Strength Above $68,500 Resistance Level
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
-
Bitcoin and US Treasury Yield Show Inverse Correlation, Meme Stocks and Crypto Meme Coins Plunge
Over the past six months, the correlation between the US 10-year Treasury yield and Bitcoin's price has been significantly negative, reaching -90.61%
-
How long can BlackRock apply for Ethereum ETF and ETH increase?
Will ETFs become the focus of Ethereum's next narrative?Original | Daily Planet Daily, Author | LoopyYesterday, the crypto market underwent a drastic change. Stimulated by the positive news that the Bitcoin ETF has officially entered the approval window period, Bitcoin briefly broke the $38000 barrier
-
The Future Prospects of Bitcoin Inscription (ORDI): How Long Can It Continue? Q&A!
Recently, the price of Bitcoin has risen from approximately $25000 to $35000 within a month, an increase of up to 29%. This has sparked a wave of excitement in the entire cryptocurrency market, and people eagerly welcomed the long-awaited bull market overnight
-
How far is the path towards $40000 as the high volatility of 11.7 Bitcoin continues?
Preface: Investment carries risks and caution should be exercised everywhere. This content is not intended as a recommendation and is for reference only
-
Bitcoin (BTC) market rebound? What are the future trends? How to operate?
Hello everyone, I am Xiaoyu. It's still customary to talk about Bitcoin (BTC) every day on weekends
-
Bitcoin (BTC) hitting new heights? Go straight to 36000! How to arrange chrysanthemums in the future?
Hello everyone, I am Xiaoyu. It is customary to talk about Bitcoin (BTC) every day