Bitcoin is encountering significant resistance near $80,000, marked by a strong sell wall and limited activity from large holders or whales. This suggests that while Bitcoin remains strong, it may need to absorb selling pressure and defend support levels before making a decisive upward move. Additionally, technical analysis indicates a possible short-term corrective wave B pullback toward a micro support zone between roughly $74,968 and $77,253. If Bitcoin holds this support, the broader bullish trend could continue; failure to do so might lead to a deeper correction. Overall, Bitcoin is in a phase of consolidation with potential for increased volatility once larger players re-engage.
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'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
