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Bitcoin Reclaims $70,000 Level, $257 Million Liquidated Across Exchanges, xAI Valuation Soars to $400 Billion
Bitcoin Reclaims $70,000 Level, $257 Million Liquidated Across Exchanges, xAI Valuation Soars to $400 BillionCoinGecko data shows the current total cryptocurrency market capitalization at $2.549 trillion, up 1
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Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to Watch
Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%
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Bitcoin Could Break Through $67,000: Liquidity Levels and Whale Transfers Are Key Drivers
Bitcoin Could Break Through $67,000: Liquidity Levels and Whale Transfers Are Key DriversThe cryptocurrency market is fixated on key levels for Bitcoin [BTC], particularly during periods of volatility. Now, the market anticipates a potential surge in Bitcoin, potentially driven by an increased liquidation level, forcing traders to take decisive action
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Ethereum, Solana, and Dogecoin: Market Outlook and Key Resistance Levels
Ethereum, Solana, and Dogecoin: Market Outlook and Key Resistance LevelsAlthough the current market may not be as favorable as some traders would like, Ethereum is showing some strength as it approaches the $2,500 mark. However, despite the recent price gains, the lack of significant trading volume raises doubts about whether Ethereum has enough momentum to sustain this trend
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Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term Trajectory
Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term TrajectoryEthereum has witnessed a surge in demand near the crucial $21,000 support area, leading to a strong bullish retracement. Prices have now climbed back to the middle threshold of a multi-month descending channel
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Can Dogecoin [DOGE] Catch Up to Shiba Inu [SHIB]'s Rally? Q3 Support Level Could Be Key Resistance
Can Dogecoin [DOGE] Catch Up to Shiba Inu [SHIB]'s Rally? Q3 Support Level Could Be Key ResistanceDogecoin [DOGE] appears to be chasing the explosive rally led by Shiba Inu [SHIB] on Thursday. While SHIB topped the weekly chart with a 36% surge, DOGE only gained 15% during the same period
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Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance Level
Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance LevelWith Ethereum's recent surge in price, many investors are seeking to uncover when this bull run will reach its peak. A seasoned financial journalist, after a thorough analysis of Ethereum's holdings data, exchange rate comparisons, and token distribution, believes that the top of this bull run is likely to be near the $3200 mark
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Can Bitcoin Break Through the $65,200 Level? The 2024 US Election Could Be a Key Driver
Can Bitcoin Break Through the $65,200 Level? The 2024 US Election Could Be a Key DriverAfter briefly spiking to $62,700 at 10 PM last night, Bitcoin bounced back and rallied higher, reaching $64,698 around 7 AM this morning. It seems like the cryptocurrency is quickly approaching the $65,000 mark
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Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key Level
Bitcoin Price Volatility to Trigger Massive Liquidations: $55,000 is the Key LevelAccording to ChainCatcher, if Bitcoin drops below $55,000, the cumulative liquidation intensity of long positions across major CEXs will reach $746 million. Conversely, if Bitcoin breaks above $58,000, the cumulative liquidation intensity of short positions across major CEXs will reach $900 million
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Bitcoin and Ethereum Recent Trend Analysis: Bearish Structure Forms, Key Resistance Levels to Watch
Bitcoin and Ethereum Recent Trend Analysis: Bearish Structure Forms, Key Resistance Levels to WatchYesterday, we mentioned that a bearish structure has formed for Bitcoin, and given the multiple bearish factors, we advised against focusing on the bulls and instead looking for shorting opportunities at resistance levels. Early this morning, the price dropped to the neckline we mentioned, falling nearly 4 points
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Ethereum Short-Term Analysis: Resistance Levels Loom, Breakout Crucial for Future Direction
Ethereum Short-Term Analysis: Resistance Levels Loom, Breakout Crucial for Future DirectionInitial jobless claims fell last week, yet reemployment opportunities remain scarce, hinting at a possibly persistent high unemployment rate in August. However, despite slightly weak economic data, Ethereum has shown signs of a rebound in the 1-hour chart
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$2,300 Could Be a Strong Support Level for Ethereum, But Don't Overlook the Risk of a Bear Trap
$2,300 Could Be a Strong Support Level for Ethereum