Key Takeaways: *ETH/BTC has rebounded from its recent bottom, suggesting that ETH is reviving in strength. *ETH ETFs have recorded weeks long of net inflow, and the traditional financial market fund supports ETH. Market Summary: Ethereum has demonstrated notable strength in recent sessions, rallying to its highest level since March before being …
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Key Takeaways: *BTC reacts to false Paraguayan President X’s post on BTC approval as the country’s legal tender. *BTC was buoyed by improved sentiment surrounding the progress of trade talks between China and the U.S. Market Summary: Bitcoin staged a decisive breakout in the last session, surging past the critical $106,500 resistance …
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Key Takeaways: *BTC faces headwinds, as observed in BTC ETF, which has had significant net outflow lately. *The Crypto Fear and Greed Index continues to ease, suggesting that the sentiment in the market remains neutral. Market Summary: Bitcoin rebounded in early June after retreating from its all-time high of $112,000, finding solid …
Key Takeaways: *Gold prices faced downside pressure as the U.S. dollar strengthened in the last session. *Geopolitical tensions, as well as U.S. tariff uncertainties, provide buoyancy for the safe-haven gold. Gold faced downward pressure in the previous session, retreating to test the critical $3,333 support level as a resurgent U.S. dollar asserted …
Key Takeaways: *BTC rebounded after dipping to its critical liquidity zone near the $103,000 mark. *BTC fundamentals remain solid as more companies are keen to acquire BTC as a treasury reserve. Market Summary: Bitcoin (BTC) has posted three consecutive sessions of gains following last week’s steep 4% decline, as the cryptocurrency market …
ETH, H4: Ethereum’s price action has taken a concerning turn following its recent rejection at the $2,761 resistance level. The cryptocurrency’s subsequent 10% decline signals a potential trend reversal, with technical indicators now flashing warning signs for bulls. This false breakout pattern carries particular significance as it occurred at a key psychological …
Key Takeaways: *Gold prices slipped as risk sentiment improved following a U.S. court ruling against Trump’s tariff strategy. *Court decision lowers trade war risk, reducing safe-haven demand for gold. *Capital rotated into riskier assets, with equities and crypto rebounding modestly. Market Summary: Gold prices fell sharply during early Asian trading hours as …
Key Takeaways: *Gold prices slipped as risk sentiment improved following a U.S. court ruling against Trump’s tariff strategy. *Court decision lowers trade war risk, reducing safe-haven demand for gold. *Capital rotated into riskier assets, with equities and crypto rebounding modestly. Market Summary: Gold prices fell sharply during early Asian trading hours as …
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