BTC short term 4 hours in the day in a narrow range oscillation, the market stood stable 26200 a line, above the pressure of 26800 a line, KDJ indicator three lines slightly upward running, MACD indicator red hollow kinetic column discharge, the current trend of the market, more momentum is not enough to break through the 26800 a line pressure, the market in...
1, hourly chart to go against the arc, rebound to the previous day's initiation point, a false breakthrough, pay attention to the short term back to the support level 26900 as well as 26600. 2, daily bullish engulfment, stabilized at 25300 direct V reverse, strong pressure above for the channel upper rail, today the probability will be back to step, pay attention...
BTC short term 4 hours quotes in the late night of June 5 down, after breaking 26500 a line down to 25300 a line of support, short term 4 hours quotes currently K line out of the double needle bottoming, the market twice back to 25300 a line of support after rebound, short term currently under pressure in the BBI average below, KDJ indicator three lines in the 20...
Time flies, the new week has begun, review the overall trend last week, the daily level even negative down, the overall magnitude is not large, the weekend small level even positive rise, but did not break high upward, and the current trend, our thoughts remain unchanged, need to focus on two issues. First: the price breaks high, then the front of our expected...
ETH contract technical analysis: today, the large cycle daily level yesterday reported in the negative, K-line pattern on the even Yin single Yang, before many friends do not understand why they have been trying to empty, then the current trend out believe that many people understand, (single Yang in more often than not we have to look at as a kind of correction,...
1, the top of the shooting star line, after the market bearish, accurate step to 27500, blocked rebound formed the second high, and bearish engulfment, the second test before the low rebounded again, the third high at the bearish engulfment again, the short throw pressure increased. 2, the hourly chart formed a descending triangle, 27500 that is, the bottom, fell...
"The Rothschilds have reduced their position in Nvidia! Benjamin Melman, Global Chief Investment Officer (CIO) of the fund manager Edmond de Rothschild, has revealed that the firm has been overweight in Nvidia since late 2020, but has now partially taken profits and now holds a "much smaller position" Eight years of ownership, during which it has "paced" its...
After a long period of unusually low volatility, Bitcoin's BTC 27,653 The next major price move could be imminent and could push BTC up to $32,000. This price level is where Bitcoin's "true cost basis lies". To calculate Bitcoin's average cost basis - the average price at which BTC is purchased - the perpetually lost coins were removed from the calculation and the...
USDC market share has fallen from 34.88% to 23.05% Over the past 1 year, USDC market share has fallen from 34.88% to 23.05%, with market cap dropping from a peak of $55 billion to $29 billion. BUSD's market share has plummeted from 11.68% to 4.18%, while Dai has kept its participation rate at 3.66%, down from 4.05% in May 2022. USDT, on the other hand, moved in...
I spent some time over the weekend looking at the correlation between Bitcoin and other global macro assets and here are some of the conclusions reached: Bitcoin's correlation with the tech sector has steadily declined over the past few months; Bitcoin's correlation with gold has remained relatively stable over the past few months. Since mid-March, the gap...
Five years after its exit from the Japanese market, Binance has launched plans to transition its Japanese subsidiary to a new platform. binance will begin building a new, fully regulated subsidiary in Japan. This follows Binance's acquisition of regulated cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC) in November 2022. As part of the deal, SEBC...
As the cycle draws to a close, the Nasdaq 100 has recovered beyond pre-interest rates (March 17, 2022), with the S&P 500 rising only about 5% from its current level, while Bitcoin needs to rise about 48% from its pre-interest rate (March 17, 2022 average of about $40,500).Since March last year, the Fed has ended a four-year zero-interest-rate era, opened the way...
26,307 USD Wall Street opened sharply lower on 24 May as the "long-awaited retest" of a key trendline became a reality. Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD hit $26,154 on Bitstamp - the lowest level since 12 May. The latest action was a sharp departure from the previous day, when the upside constituted the main story of the...
26,307 USD Wall Street opened sharply lower on May 24 as the "long-awaited retest" of a key trendline became a reality. Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD hit $26,154 on Bitstamp - the lowest level since May 12. The latest action is quite different from the previous day, when the upside constituted the main story of the...
BTC $27,013 BTC continued to trade sideways below $27,000 on May 22 as bulls and shorts found it difficult to break the impasse. It is worth noting that since May 11, BTC prices have been fluctuating within a narrowing ascending triangle range with horizontal resistance around $27,500 and rising trendline support currently around $26,890. On May 22, bitcoin fell...
BTC $27,013 BTC continued to trade sideways below $27,000 on May 22 as bulls and shorts found it difficult to break the impasse. It is worth noting that since May 11, BTC prices have been fluctuating within a narrowing ascending triangle range with horizontal resistance around $27,500 and rising trendline support currently around $26,890. On May 22, bitcoin fell...
From the macro level, the limit of the two parties pull in earning enough eyeballs at the same time also let the market bear a larger twist, the day before still double report happy news that in Sunday there will be preliminary intention to reach, the results are not yet hot a day on the departure drama, the Republican Party's junior partner in entering the...
BTC has a positive signal BTC has a second bullish reversal signal in the support area of the daily frame, after the bullish Fakey setup showed that the bear trap had spread before a cluster of candles engulfed the price. Price may continue the BTC uptrend on the daily frame, the immediate target for BTC price will be to retest the supply area of the Fibonacci...