NEAR's price surged strongly due to its focus on AI infrastructure, breaking key resistance and moving above major averages, signaling bullish momentum. In contrast, Bitcoin faces resistance near $81-82k with weak momentum and may retest support around $73-74k or lower if bulls fail to reclaim $82k. Dogecoin shows signs of stabilization but remains below its 200-day average, indicating a transitional phase rather than a clear uptrend. Stellar continues a bearish trend with weak rallies and no strong speculative drivers, needing to reclaim $0.16-0.17 to improve its outlook. Overall, the crypto market shows selective strength driven by AI themes amid broader cautiousness.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
