Technical Analysis
Ether Gains on Bitcoin but JOLTs Jobs Data Leaves Markets Unmoved
Ether and bitcoin’s reduced daily correlation could provide opportunity for ETH bulls.
Bevy of Economic Data Barely Stirs Bitcoin, Ether
Bitcoin and ether trade flat on below-average volume after GDP contracts slightly and initial jobless claims exceed expectations.
Low Trading Volumes, Diminishing Liquidity Spur Bitcoin Price Volatility
Bitcoin volumes are below their 20-day moving average for the eighth consecutive day as traders search for the next trading range.
On-Chain Stablecoin, Profitability Ratios Signal Investor Caution
The recent increase in bitcoin's price shows investors positioning themselves for a potential price downturn.
Asset Managers’ Bitcoin Exposure Rises, Reversing Recent Trend
Following three consecutive weeks of reducing long positions, asset managers add 975 long futures contracts, the Commitment of Traders report shows.
Bitcoin, Ether Prices Flatten During Week of Financial Turmoil
Despite banking unrest and increased regulatory scrutiny, bitcoin and ether were trading roughly where they started the week.
Bitcoin, Ether Diverging Paths Show Resilience and Opportunity
Bitcoin’s outperformance relative to ether highlights a flight to safety. The assets’ normally tight correlation has decoupled periodically in recent weeks.
Short-Term BTC Holders, Stablecoin Supplies Could Indicate Cryptos' Future Price Direction
The two data points may show whether bitcoin moves higher or declines further in the aftermath of the U.S. central bank's 25 basis point rate increase Wednesday.
On-Chain Indicator Suggests Bitcoin, Ether Are Trading at a Discount
Traditionally, higher NVT ratios indicate that an asset is becoming more expensive, while lower NVT ratios indicate the opposite.
Bitcoin, Ether Trade Lower After Breaching Technical Indicator
The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement
