U.S. spot Bitcoin ETFs experienced their tenth consecutive day of net withdrawals on May 29, with $125 million exiting, signaling reduced institutional interest. Ethereum ETFs also extended their outflow streak to fourteen days, reflecting subdued demand from large investors. Despite this, retail traders have increased Bitcoin purchases, treating recent price dips as buying opportunities, while institutional investors remain cautious and reduce accumulation. This shift suggests a transfer of market ownership from large players to smaller retail participants, potentially keeping prices range-bound until institutional buying resumes.
Solana (SOL) briefly dropped below $82 before rebounding above $86, highlighting its volatility and active dip-buying interest. Despite a weekly decline, trading volume rose over 7%, signaling resilient spot activity. ETF assets for Solana have surpa...
Bitcoin's 200-week moving average (200WMA), a key long-term trend indicator, has surpassed $61,000, as highlighted by Bitcoin pioneer Adam Back. This moving average is significant because it often marks the boundary between bear and bull markets and ...
Bitcoin has completed a five-wave decline, signaling a potential short-term downward trend. The cryptocurrency is currently testing a key resistance level at $74,250, which if broken, could lead to a recovery toward $76,150. However, a larger resista...
Bitcoin is showing signs of weakening momentum as traders have wiped over $10 billion from the market this week, pushing the price closer to the $70k support level. Sentiment has dropped into extreme fear, a historical sign of capitulation, while mor...
Over $1.5 billion in Bitcoin long positions were liquidated following heightened geopolitical tensions after U.S.-Israel strikes on Iran, causing a sharp market selloff. This forced deleveraging reflects increased risk aversion and suggests Bitcoin i...
