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Bitcoin "Cup and Handle" Pattern Emerges: A Bullish Trend on the Horizon?From a technical analysis perspective, Bitcoin's weekly chart is exhibiting a pattern known as the "Cup and Handle," which typically signals an upward price trend after the pattern's full formation. However, it's important to note that before a breakout and new all-time high, a minor pullback often occurs, gathering momentum for the subsequent rally

Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk RemainsBitcoin:The 4H chart for Bitcoin shows that the price has broken below the lower boundary of the range as expected, and there are no signs of a rebound yet. Yesterday we mentioned that the supply within the current range is biased towards selling, so it's highly likely that the price will break below the bottom of the range

Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential CryptocurrenciesThe overall market trend remains bearish, and it is expected to continue fluctuating within the range of 62,500-64,000 in the short term. Ethereum is expected to fluctuate in the range of 2,650-2,750, while Solana is relatively strong and is expected to fluctuate in the range of 155-162

Bitcoin 5-Day Moving Average Analysis: Consolidation, Bullish Trend RemainsSince the decline on August 5th, Bitcoin has surged by 30%, pushing prices back above $60,000. Despite recent market volatility, the long-term bullish trend for Bitcoin remains intact

Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This WeekBitcoin is poised for a critical monthly candle close this week, with BTC price action battling back against sellers in a bid to reverse the August 8th crash. As the end of August approaches, Bitcoin has embarked on a resurgence, with BTC price targets set at $65,000

Vitalik Buterin Publicly "Endorses" Ethereum: Bullish Signal Emerges?Yesterday, an image of Vitalik Buterin publicly "endorsing" Ethereum went viral in the crypto community, sparking widespread discussion. Seasoned investors understand the significance of this image, as it suggests that the time for Ethereum's price to rise may be approaching

Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end

Ethereum (ETH) extends losses by 3% today after yesterday's 23% surgeOn May 22, Ethereum (ETH) extended its intraday losses by 3%, currently trading at $3,660, following a 23% surge yesterday.

Currently, the dogecoin (DOGE) faces a critical juncture with market sentiment and key support trendsAfter experiencing some fluctuations for a period of time, DOGE seems to be at a critical juncture, especially in the context of a bearish signal displayed on the weekly chart. Recent analysis from a post on X platform indicates that DOGE has fallen back to the previous reversal resistance area below, implying potential further downward pressure

BlackRock ETF Holdings Surpass Grayscale, ETH Short-Term Trend AnalysisOn August 16, according to Arkham monitoring, BlackRock's ETFs IBIT and ETHA surpassed Grayscale's ETFGBTC, BTCMini, ETHE, and ETHMini in on-chain holdings. BlackRock ETFs are now the largest in terms of holdings among all ETF issuers, holding approximately $21,217,107,987 worth of ETH and Bitcoin

Bitcoin Spot ETFs Continue to Attract Investment: Institutional Investors Increase Exposure, Morgan Stanley Becomes First Wall Street Bank to Recommend ThemThe second quarter of this year witnessed a surge of capital flowing into Bitcoin spot ETFs, which debuted in January, as more traditional investors embrace the asset class. This trend is evident in the latest data from regulatory filings, revealing increased participation from hedge funds, pension funds, and banks

The Ethereum market is experiencing upward trends and has reached new high pricesKey words: Ethereum, Market trend, New high, Gain, Financial AI Telegram messageThis text is from the AI telegram of the Financial Circle, focusing on the recent performance and outlook of the Ethereum market, reminding investors to pay attention to market dynamics and seize investment opportunities.