Bitcoin price is edging closer to new all-time highs, supported by a rise in open interest. With price action holding above key levels, the market structure remains firmly bullish. Summary Bitcoin is testing $123,348 resistance, the last key barrier before new all-time highs. Channel structure remains bullish, with consecutive higher highs and higher lows. Open interest is rising, confirming demand and supporting the bullish continuation toward $131,000. Bitcoin’s (BTC) momentum continues to build as price approaches the upper boundaries of its long-term trading channel. After defending the channel low in confluence…
Tag: High
BNB Reaches $1,111 All-Time High: Altseason Signal?
BNB has once again captured market attention after reaching a fresh all-time high around $1,111 just a few hours ago. The milestone marks another historic moment for the token, which only recently crossed the $1,000 threshold for the first time in late September. Its rapid ascent has fueled intense speculation about how far BNB’s bullish momentum can carry it as the broader market gains strength. Related Reading This surge has also reignited debates about BNB’s position in the crypto hierarchy. With Ethereum still holding its dominance as the second-largest cryptocurrency…
Bitcoin Hits Seven-Week High As Crypto Markets Surge In Oct
Crypto markets have surged over the past day, culminating in a seven-week high for Bitcoin as the historically bullish month of October begins. Bitcoin (BTC) prices have skyrocketed 4% over the past 24 hours, with the world’s leading digital asset hitting $119,450 on Coinbase in early trading on Thursday, according to TradingView. This is the highest price Bitcoin has reached since Aug. 14, seven weeks ago, when it started correcting from its all-time high. Bitcoin has now cleared resistance at $117,500, but faces a little more at the $120,000 level.…
Bitcoin Price Watch: Bull Flag Flying High on the Hourly Chart
Bitcoin strutted into ‘Uptober’ like it owns the block—because it kind of does. With a market cap of $2.32 trillion, a 24-hour volume of $61.04 billion, and a price peacocking around $116,800, this digital heavyweight isn’t just moving, it’s making moves. Intraday range? A spicy $112,819 to $116,900 per coin. Let’s unpack what the charts […] Original
ASTER Pushes To New All-Time High As Bullish Structure Supports Continuation – Details
Aster has been making waves across the crypto market after reaching a fresh all-time high of $2.34 just hours ago. Since its launch on September 17, the token has surged by more than 6,000%, an extraordinary move that has captured the attention of traders and investors worldwide. The explosive rally underscores the growing momentum behind Aster, which positions itself as a decentralized perpetual exchange aiming to disrupt the sector. Related Reading The token’s rise is not just a speculative event—it comes backed by Yzi Labs (formerly Binance Labs) and carries…
“Buy High, Sell Low” Whale Sells $4M Ether, Price Rally Ahead?
Key Notes Ethereum slid nearly 6% to around $4,180 after briefly testing $4,100 support. Open Interest fell back to early-September levels while taker volume turned sharply negative. A popular whale dumped 1,000 ETH, echoing a pattern that led to previous price surges. Ethereum ETH $4 188 24h volatility: 6.3% Market cap: $505.35 B Vol. 24h: $44.19 B price faced sudden selling pressure on September 22, dropping from just below the $4,500 mark to intraday lows near $4,100. At press time, ETH hovers around $4,180, down 6% in 24 hours. The…
Bitcoin Mining Difficulty Hits New All-Time High Again in September
The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s hashrate, the average of the total computing power securing the decentralized monetary protocol, also hit an all-time high of over 1.1 trillion hashes per second on Friday, according to CryptoQuant. The rising mining difficulty and…
Bitcoin Difficulty Hits Fresh High With Network Power Steady Over 1 Zettahash
While Bitcoin’s hashrate hums along at 1 zettahash per second (ZH/s), the network’s difficulty just cranked up another 4.63%, locking in a fresh peak at 142.34 trillion. Bitcoin blocks just got 4.63% tougher to mine after the latest difficulty bump. As of 2:35 p.m. Eastern time Friday, the network’s hashrate clocks in at 1,016.17 exahash […] Original
Binance Stablecoin Reserves Hit Record High
Key Notes ERC20-based USDT reserves surge to roughly $32.6 billion, offsetting a TRC20 decline. Single-day inflows on Binance recently exceeded $2.1 billion in USDT and USDC. Analysts see rising institutional deposits and a possible bullish Q4 for crypto markets. Binance’s total stablecoin holdings have climbed to a record $45 billion as traders prepare for potential Q4 volatility. Market analysts suggest this fresh liquidity may strengthen the exchange’s ability to support large trades, creating a more attractive environment for traders. Data from CryptoQuant shows a clear shift toward Ethereum-based ETH $4…
MYX Finance (MYX) Is 45% Up: New All-Time High on the Way?
Key Notes MYX emerged as the top gainer among the leading 100 cryptocurrencies. The token is getting close to its all-time high of $19. The crypto market looks bullish amid US Fed discussions. MYX Finance (MYX), the native token of the decentralized derivatives platform with the same name, recorded an impressive rally to lead the gainers’ list over the past 24 hours. MYX is up 45% over the past day and is trading at $16.14 at the time of writing. Its market cap surpassed the $3 billion mark again, making…