!!! Warning: This article does not constitute investment advice. Any trading losses are the responsibility of the investor. !!! A Sudden Shift in Momentum Bitcoin’s momentum has flipped sharply in the past 24 hours. After surging to $114K with strong accompanying volume, the market failed to hold the breakout and is now trading near $108K,…
!!! Warning: This article does not constitute investment advice. Any trading losses are the responsibility of the investor. !!! Introduction — The Ghost of Mt. Gox Returns After more than a decade, one of crypto’s most infamous names — Mt. Gox, the collapsed Japanese exchange — is back in the headlines. The platform, which lost…
!! Warning: This content is not investment advice. Losses are your responsibility. !! Testing the Half-Line Bitcoin recently failed to break above resistance near 116,000 USD, forming 12 consecutive bearish 1-hour candles—a signal of sellers’ control in the short term. Yet, despite this pressure, Bitcoin found support around 111,000 USD, offering a glimmer of hope…
Ⅰ. Recovery Amid Fear Despite the Extreme Fear reading of 38 on the Crypto Fear & Greed Index, the crypto market has staged a surprisingly strong rebound. Only days ago, a massive liquidation wiped out more than $18 billion in leveraged positions, shaking even the most confident traders. Yet, within less than a week, the…
⚠️ This article is not intended for investment purposes. The global cryptocurrency market was thrown into turmoil this week after one of the largest futures liquidation events in recent memory. Bitcoin’s sudden plunge from around $121,000 USD to the $101,000 range wiped out more than $3 billion in leveraged positions across major exchanges. Within hours,…
(Disclaimer: The following content is an evaluation of current crypto trends and does not constitute investment advice or a financial recommendation.)Bitcoin is approaching the $119,000 mark, while Ethereum hovers near $3,800, signaling a potential breakout above recent local highs. Although last week’s market movement may appear as a brief consolidation or correction, for futures traders…
Ethereum (ETH) has just surpassed the significant $3,100 mark, setting off renewed optimism in the crypto market. After consolidating for weeks near the $3,000 level, ETH’s breakout is seen by many traders as a potential signal that the altcoin rally could extend further this summer.According to major crypto exchanges, Ethereum’s trading volume spiked in the…