Bitcoin advocate Samson Mow declared the recent bearish trend over, citing a strong $58,000 limit order wall that absorbed selling pressure and set a local bottom. He argued that Bitcoin's cycle has accelerated, with the all-time high reached 37 days before the halving, making traditional market cycle predictions outdated. Mow also criticized classical technical analysis as ineffective in the current market. This stabilization suggests fewer opportunities for lower entry prices, signaling a potential market recovery ahead.
Social sentiment for bitcoin, ethereum, and XRP has turned strongly bearish, with XRP showing the weakest optimism at 0.49 bullish-to-bearish ratio. Despite this, bitcoin has recovered above $74,000, and ethereum also edged higher, signaling potentia...
XRP's price fell 23.4% from November 4 to November 10, with market manipulation cited as a 50% probable cause. Other factors include leveraged long liquidations and weak buying demand (30%), and selling by early holders shifting to other assets (20%)...
Recent social media analysis shows that bearish comments exceed bullish ones for Bitcoin (BTC), Ether (ETH), and XRP, with ratios below 1:1 on platforms like X, Reddit, and Telegram. This indicates a generally cautious or negative sentiment among ret...
Bitcoin (BTC), the top cryptocurrency by market value, briefly crossed the $74,000 mark on Binance spot trading on November 11. The price reached $74,019 at 6:55 p.m. ET, showing a gain of $119 within 15 minutes and a 0.11% increase over the previous...
On November 10, XRP posted the highest positive funding rate among five major crypto perpetual futures, at 0.0095% every eight hours (10.4% annualized), even as its open interest fell sharply by 6.73% to $328.5 million. This indicates traders holding...
