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Ethereum Price Rebounds: Bear Trap or Long-Awaited Bull Run Return?While heightened tensions in the Middle East dragged Ethereum prices down sharply over the weekend, technical analysis suggests the market might be brewing a rebound. On the daily chart, Ethereum prices have formed a large bullish flag pattern, with the recent dip briefly pushing prices below the $3,000 support level

Bitcoin ETF Outflows Weigh on BTC PriceThe US Bitcoin spot exchange-traded fund (ETF) has witnessed its longest streak of daily net outflows since the beginning of the year, indicating a broader retreat from risk assets in the US. According to Bloomberg data, investors withdrew close to $1

US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market TurmoilUS Bitcoin ETFs have experienced their longest stretch of daily outflows since their launch earlier this year, as investors pull back from high-risk assets amid global market challenges. According to institutional data, investors withdrew nearly $1

Dogecoin Price Fluctuates: Bearish Pressure Battles Potential ReboundDespite some analysts predicting a Dogecoin price surge to $2.25 by 2025, the coin is currently facing bearish pressure

Ethereum Foundation Continues Selling ETH, Can ETH Price Hold On?The Ethereum Foundation's ongoing ETH sales have intensified the decline in ETH price, triggering concerns about the future development prospects of Ethereum. Can ETH replicate the glory of Bitcoin spot ETFs? How long can the Ethereum Foundation's funds sustain, and where will Ethereums future go? This article will delve into the current challenges faced by Ethereum and its future development direction

Ethereum Faces Selling Pressure: Coinbase Premium Index Plunges, Exchange Supply Rises, Price Could Break Key SupportEthereum (ETH) price has been under sustained pressure recently, falling below $2,400 for the second time in three days. While the wider market may be hopeful that the latest decline marks a bottom, on-chain analysis points to a different narrative

How is the Ethereum Team Addressing the ETH Price Dip? Insights from the 12th AMAOn the evening of September 5, 2024, the Ethereum Foundation held its 12th Ask Me Anything (AMA) session, aiming to address community questions about Ethereum's future development. This event featured key members like Ethereum co-founder Vitalik Buterin, Foundation members Justin Drake, and Dankrad Feist, with discussions centering around the reasons behind ETH's price struggles, the team's response strategies, and Ethereum's future direction

Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be CrucialTonight's Nonfarm Payroll data will be the market's focus, potentially causing significant volatility in Bitcoin's price in the short term. If the data shows a rate cut and good unemployment rates, it will be bullish for the market, and Bitcoin's price could rebound; conversely, if there's a rate cut but poor unemployment figures, it signifies a heightened risk of recession, and Bitcoin's price may further decline

Bitcoin Price Plunges to $40,600: TD Sequence Signals Potential PullbackAn analyst has explained why Bitcoin could be headed for a decline to $40,600, based on a pattern appearing on the cryptocurrency's two-month chart. The pattern, known as the Tom Demark (TD) Sequence, is sending a sell signal, suggesting that Bitcoin has likely reached a peak

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

Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly

Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%