Key Highlights Bitcoin fell 1.2% to roughly $85,600 during Tuesday morning trading in Asia after failing to sustain a breakout above $87,000. Major altcoins traded mostly lower, led by BNB’s 2.5% decline, while select tokens including ADA, GRT, NEAR, and HYPE posted solid gains. Market analysts point to a tightening technical triangle pattern, warning that ...
Key Highlights Bitcoin surged to an eight-month high of $86,000 on Monday, clearing the $82,000 resistance level that had capped prices since August and triggering roughly $750 million in bearish derivative liquidations. Futures open interest rose faster than price, with approximately $2 billion in new leveraged exposure added since the breakout, signaling aggressive fresh positioning ...
Key Highlights BitMine Chairman Tom Lee identifies ‘rage quitting’ as a defining investor behavior during crypto winters, alongside sharp price declines and leverage liquidations. Bitcoin is testing the pivotal $64,000–$65,000 resistance zone, with buyers struggling to overcome dominant selling pressure. Lee’s cyclical framework suggests current skepticism and forced exits historically align with potential market bottoms, ...
Key Highlights Bitcoin surged past $80,000 to trade near $81,000, triggering over $457 million in short-position liquidations over 24 hours. Prominent miner Jiang Zhuoer forecasts a potential test of the $83,000–$84,000 resistance zone before a sharp correction to $72,000–$74,000. Short positions accounted for 89% of total liquidations in the past 24 hours, signaling a aggressive ...
Bitcoin rose above $81,000 last week before falling back to approximately $78,000 after Federal Reserve Chairman Kevin Warsh delivered a hawkish speech in Jackson Hole….