BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.
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BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.
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Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH.
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ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs.
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Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally?
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Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.
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Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making.
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Bitcoin and most major altcoins have dipped to their immediate support levels, indicating that bears remain active at higher levels.
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If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.
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Traders are still buying BTC and major altcoins on each dip, but selling near overhead resistance could be a sign that price action will remain range-bound in the short-term.
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