Bitcoin recently surged to around $80,000, wiping out $35.6 million in whale orders and short positions, but now struggles to maintain that level. Analysts highlight that holding above $80,000 is crucial for Bitcoin to continue its upward momentum toward filling the $84,000 CME gap. Failure to hold this key level could lead to a pullback toward support zones between $75,000 and $79,600. The next resistance levels to watch are $81,000 and $82,000, with major supply zones much higher around $90,000 and beyond. The market remains at a critical juncture between support and resistance, with the potential for either a continued rally or a deeper correction.
Bitcoin options market data reveals a bullish shift as call options dominate 65.27% of open interest, signaling strong trader confidence in price gains. Open interest rose to nearly $32 billion with $3 billion in daily volume, indicating active parti...
Grayscale has filed with the U.S. SEC to launch a spot Worldcoin ETF under the ticker GWLD, aiming to offer regulated exposure to the Worldcoin token for institutional and traditional investors. The ETF would trade on Nasdaq once the WLD token meets ...
Shiba Inu (SHIB) showed a modest 1.7% price increase after weeks of decline, signaling seller fatigue but still facing resistance near $0.0000118-$0.0000120. Ethereum (ETH) is approaching a critical resistance around $1,936, with a potential breakout...
Ethereum-focused spot ETFs attracted $105 million in net inflows, outpacing Bitcoin's $75 million, signaling renewed institutional interest in altcoins. This inflow follows a period of heavy outflows that had dampened market sentiment, especially for...
Bitcoin is on the verge of a significant technical breakout, potentially pushing its price above $70,000. Key bullish patterns like the inverse head and shoulders and a falling wedge suggest a trend reversal, with resistance around $65,000 weakening....
