Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.
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- Altcoin Watch
- Altcoin Watch
Traders say Ether’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500.
- Price Analysis
Bitcoin and several major altcoins are attempting a relief rally, signaling that the bulls are trying to form a higher low.
- Market Analysis
Bitcoin rallies above $69,000 as retail traders apply pressure to short positions and aim to generate a lasting bullish trend change.
- Market Analysis
Bitcoin’s post-CPI rally above $69,000 may help complete the V-shaped recovery chart pattern and also confirm that $60,000 was the sell-off bottom.
- Markets News
Bitcoin onchain analysis eyed a potential end to the BTC price downtrend as its MVRV ratio returned to levels not seen in three years.
- Market Update
Bitcoin bulls enjoyed a relief rally to $69,000 on the back of soft US CPI inflation data amid hopes of BTC price action making a "higher low."
- Market Analysis
Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?
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