Shiba Inu and Dogecoin have been popular investments leading up to the bull market. However, recent market downturns have affected their prices and investor sentiment. Sentiment Drops to Neutral The Fear & Greed Index measures investor sentiment towards crypto assets. It ranges from Extreme Fear (1-25) to Extreme Greed (76-100). Currently, both Dogecoin and Shiba…
Technical Analysis Ethereum is nearing the end of a falling wedge pattern, a bullish sign. If it can break above the wedge’s upper boundary, it could surge towards $4,000. Market Sentiment Ethereum is currently trading above $3,000 and has shown modest gains in recent days. It’s consolidating just above this level, possibly indicating a build-up…
A crypto expert, Inmortal, believes it’s time for Ethereum (ETH) to take the spotlight and predicts a significant rally. He anticipates an initial target of $4,000, supported by a chart indicating ETH’s stability at around $2,800. Solana’s Potential Inmortal also has his eyes on Ethereum’s rival, Solana (SOL). He observes that SOL has mirrored Ethereum’s…
Accumulation Surge Since the launch of Bitcoin (BTC) exchange-traded funds (ETFs) in January, whales have snapped up a staggering $16.8 billion worth of BTC. This surge in accumulation signals the arrival of institutional investors into the crypto market. Whales Return The amount of BTC held by whales has recovered to pre-FTX collapse levels. However, traditional…
False Breakout for Pepe Analyst DonAlt, known for predicting the 2023 crypto surge, believes Pepe (PEPE) is facing a sharp decline. After a false breakout to new highs, sellers pushed the price below its previous range. This bearish sign suggests that demand is being overwhelmed by sellers. Support Levels for Pepe DonAlt predicts that Pepe…
Retail Investors Dumping Their Holdings As Bitcoin’s price soared past $67,000, small-time investors (those holding less than 0.1 BTC) have been selling their coins. This has put pressure on the price, but it’s not necessarily a bad thing. Historically Bullish Historically, when small investors sell, it often indicates that larger investors are buying. This redistribution…
Current Market Phase Quant analyst PlanB believes Bitcoin (BTC) is experiencing a bull market similar to the one seen in 2017. According to his chart, BTC is currently four months into this phase. Realized Cost Price Indicator PlanB’s chart also analyzes Bitcoin’s realized cost price indicator, which measures the value of BTC coins at the…
Technical Pattern Points to Price Surge A crucial Bitcoin metric, the Stablecoin Supply Ratio (SSR) Oscillator, has turned bullish, indicating a potential rally for the world’s largest cryptocurrency. SSR Oscillator Explained The SSR Oscillator compares the supply of stablecoins to Bitcoin to assess market sentiment. When the oscillator falls below the lower Bollinger Band, it…
Crypto analyst Ted has shared evidence that suggests the current Bitcoin bull run is far from over. Here are four key reasons why: 1. Liquidity Cycle Bitcoin follows a 65-month liquidity cycle, which is currently in an expansion phase that began in October 2023. This expansion is expected to peak in 2026, coinciding with central…
Total Bitcoin Holders Decline Data from Santiment shows that the number of Bitcoin holders with non-zero balances has dropped recently. This suggests that some investors are selling their coins. Shrimp Investors Dumping Small investors, known as “shrimps,” who hold less than 0.1 BTC, have sold 0.46% of their coins in the past week. This decline…
