Top traders' futures positioning reveals a split: Bitcoin shows weakening coin-margined longs but stable USD-margined longs, indicating cautious profit-taking. Meanwhile, Solana and Dogecoin attract strong leveraged bullish bets in coin-margined markets, signaling high risk appetite. Ethereum displays growing bullish leverage in coin-margined contracts despite a slight dip in USD-margined longs. This divergence suggests that while overall market sentiment remains bullish, the most aggressive risk-taking is concentrated in higher-leverage coin-margined contracts, especially for SOL and DOGE, which could increase volatility and liquidation risks if prices reverse.
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
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'...
