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Bitcoin and Ethereum Market Analysis: Bottoming Out, Ready for a New Bull Run?
Bitcoin and Ethereum Market Analysis: Bottoming Out, Ready for a New Bull Run?In early January, this blog predicted that Bitcoin and Ethereum would not reach new highs in January, but instead experience a bottoming-out correction, completing a daily chart-level retracement. Early in the month, we advised monitoring the 60-day moving average for a bounce
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Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?
Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market
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Bitcoin Bottoming Out? Multiple Signals Point to Positive Outlook
Bitcoin Bottoming Out? Multiple Signals Point to Positive OutlookThe Bitcoin market has recently experienced intense volatility. The price has been fluctuating due to various factors, including the beginning of Mt
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Is ETH prices bottoming out as Ethereum's daily active addresses soar to over 1 million?
Hello everyone, I am Xiao Enjoy!Ethereum options data shows a strong surge in put option positions. If the ETH price fails to maintain the level of 1631, it may fall by another 100 points
