John Bollinger, creator of Bollinger Bands, identified a fractal "W" pattern on Bitcoin's charts indicating a possible double-bottom recovery signal. After failing to sustain above $82,000 in May, Bitcoin corrected sharply and now trades around $61,556. This pattern suggests a key accumulation phase that could end the recent downtrend if Bitcoin consolidates above $65,000. However, ongoing capital outflows from crypto ETFs and concerns over interest rate hikes keep market sentiment cautious. The upcoming weekly candle close will be critical to confirm this technical setup.
Binance recorded a net inflow of $213 million in USDT stablecoins over 24 hours, indicating increased capital moving onto the exchange. This inflow suggests traders may be preparing to buy cryptocurrencies or use the funds for trading activities, but...
Since October 2025, most cryptocurrencies have trended downward, but Hyperliquid (HYPE) stands out with a strong long-term bullish trend, up over 74% in a year. Recently, HYPE traded between $53.35 and $74.78, currently pushing above key resistance l...
Bitcoin rose back above $62,000 after briefly dropping to a year-to-date low of $57,735, showing a modest 1.5% daily gain. The crypto market saw a sharp decline in derivatives liquidations to $31 million from $180 million, indicating reduced volatili...
Polymarket traders currently assign only a 21% probability that Bitcoin will reach $70,000 by the end of July, with the cryptocurrency trading near $61,600. While traders expect a partial recovery, reflected in a 63% chance for Bitcoin to hit $65,000...
On July 3, $2.13 billion worth of Bitcoin and Ethereum options expired, highlighting cautious investor positioning. Bitcoin options worth $1.9 billion expired with a put-call ratio of 0.70, while Ethereum options worth $230 million had a higher put-c...
