Bitcoin clings to the upper edge of its daily range at $87,818, flaunting a market cap of $1.739 trillion while pushing $72.66 billion in volume across a volatile session capped between $83,989 and $87,820. But under the surface of this intraday hustle lies a complex cocktail of trend exhaustion, technical resistance, and momentum limbo across […] Original
Key Notes Grayscale believes that BTC’s fundamentals have evolved with the dominance of institutional capital via Bitcoin ETFs. The firm expects Bitcoin to reach new all-time highs in 2026 amid supportive macro factors such as Fed rate cuts. Analysts say Bitcoin is currently in a neutral trading zone, with Ted Pillows noting that BTC must reclaim $88,000 to resume bullish momentum. Despite the latest Bitcoin BTC $87 366 24h volatility: 1.8% Market cap: $1.74 T Vol. 24h: $73.04 B price drawdown to $85,000 and major market liquidations, Grayscale remains confident…
XRP price has formed a bullish cross on its weekly Stochastic RSI, creating a bullish sign for the cryptocurrency at a time when its price has been struggling to break away from the $2 region. The cryptocurrency has spent the past several days moving into a downturn, and buyers will now be looking to defend $2. Even though momentum has been limited, new inflows from recently launched XRP ETFs have kept sentiment from turning full-on bearish. XRP Stochastic RSI Undergoes Bullish Weekly Cross According to crypto analyst ChartNerd, XRP has…
After a brief period of consolidation and a bullish uptick to around $93,000 at the end of last week, the Bitcoin price has once again dipped toward the $85,000 mark, recording a significant 7% drop on Monday, according to data from CoinGecko. Market expert Shanaka Anslem has pointed to what he refers to as “the weapon” behind this latest crash: Japanese government bonds. Expert Warns Of Unraveling Yen Carry Trade In a post on social media platform X (formerly Twitter), the expert highlighted that the yield on Japan’s 10-year bonds…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Data shows the Ethereum Open Interest has shot up by more than 4% following the sharp move down in the cryptocurrency’s price. Ethereum Has Seen A Pullback Over The Past Day The cryptocurrency sector as a whole has witnessed a plunge to kick off the new month, with Bitcoin and Ethereum both being down by more than 5% over the last 24 hours. ETH is back in the low $2,800 levels, having essentially retraced the recovery that it had made during the last week of November. The sudden price decline…
Ethereum price started a fresh decline below $2,880. ETH is now attempting to recover from $2,720 but the bulls might face resistance. Ethereum started a fresh decline below $2,880 and $2,800. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $2,850 zone. Ethereum Price Attempts Recovery Ethereum price failed to stay above $2,950…
Key Notes Bears maintain firm control with $228 million in cumulative short positions following BNB’s steep 20% November decline. A critical $805 support level concentrates $19.9 million in long contracts representing 33% of total bullish leverage exposure. Binance appoints Nina Rong as Executive Director of Growth ahead of Blockchain Week amid challenging market conditions. BNB BNB $826.2 24h volatility: 1.2% Market cap: $113.80 B Vol. 24h: $2.23 B slipped 6% to trade under the $810 support zone on Dec. 1, extending November’s weak close and placing additional stress on leveraged…
Bitcoin (BTC) attempted to close above a key resistance zone last week after briefly spiking to roughly $93,300. However, BTC failed to stop a mean-reversion trend, with the price dropping below $85,000 on Monday. Bitcoin four-hour chart. Source: Cointelegraph/TradingView Key takeaways: Bitcoin’s inability to close above $93,000 invalidated the confirmation of a bullish trend reversal. Without fresh spot demand, Bitcoin could range between $80,600 and $96,000 until one of those levels is retested. Lack of spot buyers flattens bullish sentiment Thin spot liquidity and weak order-book depth are the major…
Key Notes Solana investment products drew $101.7 million in November, ranking behind Bitcoin, Ethereum, and XRP in institutional preference. Open interest fell 11.43% while trading volume surged 75%, indicating position adjustments rather than mass exits among derivatives traders. Technical indicators show 74.15% probability of rebound with $100 support holding, though bearish momentum persists below $140 resistance. Solana SOL $126.4 24h volatility: 8.2% Market cap: $70.72 B Vol. 24h: $6.94 B price fell another 9% on December 1, before stabilizing at $123, extending last month’s decline after closing November at $133…