Data from CoinGlass shows a decline in the share of accounts holding long positions in Dogecoin (DOGE) and Ethereum (ETH) futures, especially in USDT-margined contracts, despite stable overall long exposure. This suggests a narrowing of retail trader participation and a potential shift toward more cautious risk-taking. Meanwhile, coin-margined futures, favored by longer-term holders, show a modest rise in long positions, indicating differing strategies between short-term and long-term traders. If the trend of fewer long accounts continues, it may lead to increased market volatility and a need for tighter risk management around these assets.
Analyst David Gokhshtein highlighted that strong performance by Dogecoin (DOGE) and Shiba Inu (SHIB) could positively influence the broader memecoin ecosystem, helping legitimate projects gain traction. Despite mixed price movements, with SHIB gainin...
Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin saw slight gains as investors reacted to renewed Middle East tensions and anticipated the Federal Reserve's upcoming interest rate decision. Bitcoin reached $64,100 before resistance ...
Over the past 24 hours, Bitcoin saw $15.44 billion in liquidations as leveraged long positions rapidly unwound, signaling a broad deleveraging across the crypto market. Ethereum, XRP, and Solana also experienced significant liquidations, reflecting a...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
Dogecoin's price remains indecisive, trading within a triangle pattern with key resistance at $0.081 and $0.1774. Despite some buy signals on multiple timeframes, bearish indicators like a moving average cross and RSI divergence suggest downward pres...
