Search results for "FRAME"
05:24

Guotai Junan International: Net profit in the first half is expected to increase by 161% to 202%.

Gate News bot reports that according to Gelonghui, on July 10, Guotai Junan International announced that it expects a net profit of HKD 515 million to HKD 595 million for the six months ending June 30, 2025, an increase of 161% to 202% compared to HKD 197 million in the same period of 2024. This profit growth is mainly attributed to the significant rise in core business revenues from the group's wealth management, corporate financing, asset management, and trading and investment services. The company is reviewing its interim results for the six months ending June 30, 2025, and this performance announcement will be made within the time frame stipulated by the listing rules.
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BOT-2.79%
BTC-1.06%
ETH-3.71%
10:15

Is the short-term pullback of SOL nothing to fear? On-chain data reveals that Solana is poised for a breakout: the number of holding addresses has hit a record high, and there is a massive outflow from exchanges!

On July 1st, Solana (SOL) price pulled back about 2.6%, partially retracing last week's rise (according to Gate market data, SOL is currently quoted at $148.7, with a 24-hour fall of 0.23%). However, looking at a longer time frame, this short-term adjustment of SOL is not concerning. A deeper analysis of on-chain indicators may actually reveal that the market is accumulating energy.
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SOL-1.74%
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10:05

SHIB market analysis: If the bullish breakout of the triangle pattern is completed, it is expected to pump by 62%.

According to Gate News bot, Shiba Inu (SHIB) is down 18% over the past month, trading at $0.0000119 as of June 17, down 2% in 24 hours, with a daily trading volume of $156 million. The one-day time frame chart shows that SHIB price could rebound after forming a symmetrical triangle pattern, and a bullish breakout of the pattern could bring a 62% gain. At the same time, SHIB holders cut meat and sold 211 million tokens, hinting at a possible capitulation in the short term.
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SHIB-3.44%
12:58

Trader Eugene: Stop losses should not be strictly enforced, as the immense power of Ethereum is becoming apparent.

BlockBeats News, on June 10, top trader Eugene Ng Ah Sio posted on his personal channel, "Maybe I shouldn't have been so strict with my stop loss before, Ethereum's huge power is emerging." Previously, on June 6, Eugene said that "I am currently long Ethereum, and the stop loss is set at this morning's lower shadow low of $2380 (which is also a retest at the bottom of the medium-term time frame range), and the technical structure is clear." The long order finally triggered the stop loss and failed to hold the position so far.
ETH-3.71%
12:34

CryptoQuant Analyst: The market is currently experiencing the third phase of consolidation in this bull run, similar to the pattern before the rise in 2018.

According to a report by Jinse Finance, CryptoQuant analyst Axel Adler Jr stated that the market is currently undergoing the third oscillation convergence of this bull run cycle on the daily chart time frame. This pattern is similar to the three oscillation convergence patterns before the rise in 2018. He indicated that the market will soon reveal the strength of this consolidation.
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03:29

Jen-Hsun Huang: DLSS technology aids graphics rendering logic into the "intelligent prediction" era

NVIDIA CEO Jen-Hsun Huang stated that artificial intelligence plays a key role in graphic rendering, achieving high frame rate display through DLSS and neural rendering technologies. The development of artificial intelligence has completely transformed computer graphics technology, driving innovation in GeForce technology. Jen-Hsun Huang regards G-Force as his "child" and remarked that the G-Force RTX 50 series is the most successful launch in history, showcasing the rapid progress of GeForce technology.
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09:53

Bank of England Chief Economist Pill: Interest rates may need to remain high

Jin10 data reported on May 13, the Chief Economist of the Bank of England, Huw Pill, stated on Tuesday that he is concerned that inflation in the UK may be stronger than the Central Bank's expectations, and interest rates may need to remain above levels anticipated by investors. Pill mentioned that the inflation rate may stay at a level that is too high for the Bank of England's 2% target, which could mean that in order to ensure we return to our target within a reasonable time frame, the responses of monetary policy will need to be more aggressive or more prolonged.
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10:12

Russian presidential spokesman: Russia is open to peaceful mediation on the Ukraine issue.

On April 21, Jin10 reported that in response to U.S. President Trump's statement about hoping for a ceasefire protocol between Russia and Ukraine this week, Kremlin spokesman Peskov said on the 21st local time that he did not want to comment on this, especially regarding the time frame. He pointed out that President Putin and the Russian side remain open to seeking a peaceful resolution to the Ukraine issue and will continue to communicate with the U.S. side, hoping to bring results.
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TRUMP-8.3%
05:17

The return rate of Bitcoin over 14 years reached 7.2 million%, far exceeding the S&P 500 index's 306% and gold's 116%.

PANews, April 15 news, reported by The Defiant, Bitcoin has performed exceptionally well across all time periods, outperforming the S&P 500 index every year for the past 14 years. During this period, Bitcoin achieved a return of approximately 7.2 million%, far exceeding gold's 116% return and the S&P 500 index's 306% return. Over a shorter time frame, Bitcoin's return over the past two years has been 173%, further solidifying its dominance compared to traditional investment assets like gold and the S&P 500 index.
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BTC-1.06%
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07:29

A California judge dismissed the class action lawsuit against the Dfinity Foundation.

BlockBeats News: On March 27, a federal judge in California dismissed a class-action lawsuit against the Dfinity Foundation, the company that developed the ICP. U.S. District Court Judge James Donato granted Dfinity's motion to dismiss, ruling that the case was "barred" because it exceeded the three-year statute of limitations under the Securities and Exchange Act. The court upheld Dfinity's argument that its first offering of ICP tokens to the public was in February 2017, so the August 2021 investor lawsuit was past the statutory time frame. At that time by
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ICP-2.87%
17:49

Trader Eugene: SOL long position has take profit, temporarily exiting the market due to the stock market still undergoing big dump, and reevaluating the market.

BlockBeats news, on March 12, top trader Eugene Ng Ah Sio stated in his personal channel that 'SOL long order has already take profit'. The main reason for choosing to drop the risk rather than waiting for a higher price is that the stock market is still in a big dump. I choose to exit first and reevaluate, rather than boldly assuming that Crypto Assets will be relatively strong in (a very short) time frame.
SOL-1.74%
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05:14

Xinbo Shares: The new generation aluminum frame project is expected to start trial production from May to June.

Jinshi data news on January 27th, Xinbo shares recently stated during institutional research that the construction of the new generation aluminum frame project is already underway, and it is expected to start trial production sequentially from May to June 2025. The 2025 strategic protocol signed with downstream component customers contains different proportions of agreements for the new generation aluminum frame. The new generation aluminum frame orders have substantial support, and it is expected that the new generation aluminum frame project in 2025 will to some extent improve the per ton profit situation of the aluminum frame.
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01:13

The parent company of Fat Penguin, Abstract Chain, will launch Mainnet in January next year

BlockBeats news, on December 15th, according to official sources, Abstract Chain, a Layer 2 network designed specifically for on-chain culture and community, will launch its Mainnet in January next year. Prior to this, Igloo Inc., the parent company of the Non-fungible Token project Pudgy Penguins, has acquired the on-chain creator economy platform Frame. The purpose of this acquisition is to develop a Layer 2 network Abstract designed specifically for on-chain culture and community.
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01:11
XRP will reach $2.13 before the pullback - Analysts predict a bullish Rebound The trading price of XRP is slightly below the key $2 mark, which was a local high during the bullish cycle in 2021. With the bullish momentum, the price has been steadily climbing and seems poised to go higher. Investors and analysts are closely following the charts, looking for clear signals to confirm a breakthrough of this key resistance level. This psychological price level is the focus followed by market participants. Successfully breaking this level may indicate the beginning of a continuous pump. Top analysts and investors, Dark Defender, have shared their views on the future of XRP and provided detailed Technical Analysis on X. According to his insights, XRP is expected to reach $2.13 in the next few days, followed by a brief pullback. Dark Defender also predicts that after this pullback, the price will further pump as XRP continues to attract bullish sentiment. Confirming a breakthrough of $2 could pave the way for a multi-year high, while failing to break this level could lead to short-term Fluctuation. Given its historical significance and current market dynamics, the $2 mark is both an opportunity and a challenge for XRP. Now everyone is following whether the Token can reclaim this milestone and move towards a higher path. This week, XRP surged more than 50%, with a new wave of demand continuing to drive its price to new supply levels. This bullish momentum has sparked great interest among investors and analysts, many of whom are speculating on the next move of the Token. Top analyst and investor Dark Defender shared detailed Technical Analysis of X, focusing on the evolving market structure of XRP on the 4-hour chart. According to his insights, XRP is likely to soon reach $2.13 and then face a potential pullback. Dark Defender's analysis also identified key resistance levels within a 4-hour time frame. It is worth noting that the resistance levels at $4.11 and $6.42 align with his secondary price target of $5.85, followed by a retest of the support level at $1.88. If the current uptrend continues, these levels will provide a roadmap for XRP's price movement. As XRP approaches these key price areas, the next few weeks will be crucial in determining its direction. While bullish sentiment is dominant, the possibility of a correction or consolidation still exists. A decisive breakout above $2.13 could open the door to new highs, but failure to hold key levels could trigger short-term fluctuations. Currently, XRP's outstanding performance and emerging demand have made it one of the most followed assets in the cryptocurrency market. XRP's current stock price is $1.88, and it has been performing well since November 5th, with a staggering increase of up to 285% in less than 30 days. The price recently touched the key level of $1.95, after which it entered a period of consolidation, showing strong momentum and the potential to break through the key $2 mark. This consolidation indicates that XRP is accumulating the necessary fuel for a potential breakthrough. In the strong market sentiment and the rising demand supported, PA remains firmly bullish. Analysts are closely following the top of the cycle at $1.97, as a breakthrough of this level may herald the start of a new pump. Confirming the breakthrough of $1.97 will not only strengthen the bullish structure but may also propel XRP to unprecedented highs, consistent with the forecast of parabolic Rebound. However, the consolidation near these levels suggests that XRP is facing temporary resistance. Market participants are currently following key support areas to ensure the current bullish momentum remains intact. If upward pressure persists, XRP's next target could quickly surpass historical levels, solidifying its position as one of the leading assets in the cryptocurrency field. Currently, as XRP approaches the $2 threshold, it remains the focus of traders and investors. (Data Source: Sebastian Villafuerte)
XRP-1.49%
X-3.04%
01:34
DOGE forms 'annoying triple top': analyst reveals next move The DOGE price is currently showing a highly bearish chart pattern within a 4-hour time frame, indicating that investors may need to proceed with caution. After forming a bullish falling wedge pattern between November 12th and 19th, the expected breakout was short-lived and failed to meet bullish expectations. On November 19th, DOGE broke out of this pattern, sparking initial optimism among traders. However, Cryptocurrency analyst Kevin (@Kev_Capital_TA) had predicted that the breakout would be very weak, and the subsequent price action confirmed his prediction. DOGE suffered a sharp decline at important resistance levels (especially the macro 0.786 Fibonacci retracement level). Kevin emphasized that there is no need to go crazy unless there is a thorough and fierce breakthrough of this level. He also pointed out that BTC is facing significant resistance, indicating that the next major trend of DOGE may occur simultaneously with BTC's breakthrough of the $100,000 level. "Everything will come slowly before that," he said. Kevin urged traders to control their enthusiasm, saying, "Please control your excitement because there is nothing to be excited about in the short term. BTC is still at the main resistance level, and so is DOGE. There has been no breakthrough yet. He emphasized the importance of BTC's movements, adding, "At the moment, it is more important to conduct a technical analysis of BTC than a technical analysis of DOGE. DOGE is simply trading on the sideways, waiting for BTC to make a decision to pump or fall. Where BTC goes, DOGE will go in the short term. ” After analyzing the 4-hour chart, Kevin found that Dogecoin has formed an "annoying triple top" at the macro 0.786 Fibonacci level, which is a bearish signal that may indicate upcoming downward pressure. He warned that if the correction to $0.30, as he previously mentioned, occurs, "many blindly permanent longs will need to do some explaining." Triple top is a bearish reversal pattern in Technical Analysis, indicating a possible shift from a rise to a downtrend. This occurs when the price reaches the same resistance level three times and fails to break through before falling back. DOGE has repeatedly failed to break the 0.786 Fibonacci level ($0.41), indicating a weakening bullish momentum in the short term. Kevin emphasized that DOGE has not yet broken through: "Unless it can cleanly break through the macro 0.786 Fib $0.41, it can only consolidate sideways." Looking ahead, he outlined a bullish scenario, provided that this key resistance level is overcome. "If DOGE breaks through the macro 0.786 Fib with strength, then $0.80 to $0.85 is possible. But there is still a lot of work to do. BTC needs to pump further," he explained. For the past few days, Kevin has been predicting a deeper pullback for DOGE. The formation of a triple top and rejection of the 0.786 Fibonacci level supported his main hypothesis. He outlined his initial price target: 'We are looking for DOGE to hold in the range of $0.30 to $0.26, which is the golden pocket retracement level. This is a 30-40% pullback from the local top, which is a perfect scale pullback in a Bull Market.' In the long term, Kevin emphasized the importance of the upcoming monthly candle Closing Price. "DOGE's next big target is to close above $0.335 within 11 days. This will set the highest monthly candle Closing Price in history for DOGE, and I will follow it closely," he said. (Data Source: Jake Simmons)
DOGE-2.93%
BTC-1.06%
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02:48
BTC completes retesting phase: Only one thing left to reach a price of $110,000 by December. In the past week, the price action of BTC has been volatile, which reminds people of the volatility of this digital asset. According to price data, BTC has just completed a retest of the downtrend line, which has been limiting the price pump of BTC since March. As analyst EGRAG CRYPTO pointed out, the only remaining thing is to close on the weekly time frame. This closing will be crucial for determining the next stage of Bitcoin price movement, potentially laying the foundation for entering a new price range. Technical Analysis of BTC price indicates that in mid-October, BTC broke through the resistance trendline. Although this breakthrough is the first time this cryptocurrency has surpassed $68,000 in three months, the subsequent consolidation suggests that the breakout work is not yet complete. However, Bitcoin started the week off well. In particular, Bitcoin pumped from $66,900 on October 27 to $73,540 on October 29 in the last three days of October. This means a pump of about 10% in just two days. Interestingly, this was enough to successfully break through this resistance trend line. According to EGRAG CRYPTO, BTC has successfully broken through and confirmed the retesting phase. However, analysts pointed out that the breakthrough is within a larger timeframe on the weekly candlestick chart. Looking at the BTC price chart below, the initial breakthrough indicated by EGRAG CRYPTO can be traced back to February 2024, when the top Token broke through $47,000. This means that, from a weekly time frame perspective, BTC reached a peak/historical high of $73,737 on March 14th, a low of $49,800 on August 5th, and the recent breakthrough of $73,000, all of which are part of a large-scale breakthrough and retest trend in the past 38 weeks. This series of price movements depicts the resilience of Bitcoin and the generally bullish sentiment of traders. According to EGRAG, this pattern is very bullish, and he expects Crypto Assets to continue this trend. In terms of price targets, the analyst believes that by December 2024, the BTC price could rise to a range of $90,000 to $110,000. This represents returns of 32% and 62%, respectively, from the breakthrough of $68,000. Interestingly, EGRAG also points out that the only thing left to prove this trend is for the price to close in the green zone this week. The BTC trading price is $68,500, which has dropped about 1.9% in the past 24 hours. However, this slight pullback does not seem to dampen the overall bullish sentiment of BTC at the moment. (Data Source: Scott Matherson)
BTC-1.06%
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03:40

NYDIG: Sharpe ratio shows BTC returns 'outstanding', can compensate for volatility risk

A report released by New York Digital Investment Group (NYDIG) shows that BTC is the asset with the highest return rate, compared to other asset classes using the Sharpe ratio. Cipolaro pointed out that BTC has a favorable Sharpe ratio in each time frame, compensating investors for the risks they take in terms of returns. Although this indicator does not reflect all risks, absolute return is the key to financial obligations.
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BTC-1.06%
08:50

CITIC Securities: The fact that 1.4 million people are queuing for account opening in the background review is seriously inconsistent.

On September 30th, Jinshi Data reported that there were rumors online that CITIC Jiantou Securities was reviewing over 1.4 million customers waiting to open accounts. In response, the relevant person in charge of CITIC Jiantou Securities told reporters that this information is completely untrue. The person in charge stated that CITIC Jiantou Securities has always adhered to the concept of efficient and professional service, committed to providing customers with a safe and convenient investment experience. The company's back-end review system has been rigorously designed and optimized, using advanced technology to ensure compliance and efficiency in the review process. The company attaches great importance to the business applications of each customer and ensures that the review is completed within a reasonable time frame.
06:05
Due to the decrease in the buy/sell ratio, Ethereum will continue to bear bearish pressure In the widespread market crash in early August, the value of Ethereum (ETH) fell by about 30%, falling to around $2,226 per unit. It is worth noting that in the past few weeks, this well-known altcoin has shown strong resilience, climbing back to the $2,600 price range. However, the recent price retreat has brought uncertainty about how long Ethereum can maintain this pump momentum. Commenting on this, analyst ShayanBTC speculated that Ethereum may recover its falling trend. In Saturday's post, ShayanBTC shared that the buyer/seller ratio indicated that Ethereum may further decline in the next few days. To explain, the buyer/seller ratio is an analytical tool used to measure the balance between aggressive buying and selling activities. It is calculated based on the number of buyer orders and seller orders received. Like other indicators, if the buyer/seller ratio is higher than 1, it indicates an upward trend in the market, with buyers being more aggressive than sellers. Conversely, if the buyer/seller ratio is less than 1, it indicates downward pressure in the market, with the opposite situation. According to the data of ShayanBTC, after failing to break through the price resistance level of $3000, the buyer/seller ratio of ETH has sharply decreased, which can be seen from the asset's price movement. As expected, the indicator also experienced a rebound after the recent pump in ETH price. Nevertheless, the buyer/seller ratio cannot exceed 1 and remains in the zero area, indicating a lack of sufficient buying pressure, allowing sellers to maintain control of the market. However, the report stated that the TakerBuy/Sell ratio has once again decreased, indicating that sellers are preparing to dumping assets, which may lead to a drop in Ethereum prices. Analysts are calling for caution and pointing out that the ETH market needs a significant increase in demand to avoid another price drop. According to the data, the current trading price of Ethereum is $2,610, rising 0.61% in the past day. However, the performance of the asset over a larger time frame is still unsatisfactory, falling 23.93% in the past month. With continued rise, the most prominent altcoin will encounter early resistance in the $2,700 price range. If the buying pressure is strong enough, ETH may break through this barrier and rise to $3,000. On the other hand, as indicated by the Taker buy/sell ratio, significant dumping pressure may force the asset price to fall to $2,300. (Data Source: Semilore Faleti)
ETH-3.71%
BTC-1.06%
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08:32
Despite a 21% increase in Ethereum price, only 66% of holders have made a profit. According to market intelligence platform data, the recent slump in Ethereum has significantly affected the profitability of network holders. During the fall process, the price of ETH fell from its high point of $3,400 at the end of July to around $2,100 a week ago. However, since then, the token has rebounded sharply to over $2,700. Revival should mean that some investors who suffered losses due to the collapse will now regain profits. However, as pointed out by the market intelligence platform, only 66% of holders are currently profitable, indicating that the profitability has not shown significant improvement yet. The analysis company shared a chart showing the difference between the price range and the current price as well as the number of investors buying the stock. The size of the point in Figure 1 is related to the number of holders, and the cost basis of the holder is within the corresponding price range. It seems that many investors bought in between $2,920 and $3,000 and between $3,000 and $3,080. Of course, these investors are now suffering losses because the spot price of the assets is below these ranges. Some such loss-making holders hope that the asset price will rebound to the cost price, so as to exit the market and recover funds. This selling pressure may bring resistance to the token. This kind of sell-off usually will not reach the scale of hindering Ethereum. However, when many investors put the cost basis in the same narrow range, there is a possibility of a significant sell-off rise. Therefore, if Ethereum continues to rise, the above price range may hinder its recovery. Another risk of any rebound is profit-taking, but as only 66% of investors have taken profits at the moment, the risk of selling due to this motive may not be high, especially considering that many weak hands may have been washed out during the crash. In other news, as analyst Ali Martinez explained in a post on X, Ethereum has just seen a Tom Demark (TD) sequential sell signal on its hourly chart. Given this signal, Ethereum could potentially experience a decline, although considering the shorter time frame of the chart, the magnitude may not be too significant. The current transaction price of Ethereum is about $2,700, up more than 2% in the past 24 hours. (Data Source: Keshav Verma)
ETH-3.71%
ALI-3.06%
X-3.04%
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10:26

QCP Capital: It is expected to continue to face sustained selling pressure in the next few days, and it is recommended to follow the trends of the Nasdaq, Nikkei Index, and USD/JPY.

QCP Capital released a report stating that Crypto Assets have become normalized. Although the initial impact has passed, there will still be sustained selling pressure in the coming days. It is recommended to follow the trends of the Nasdaq, Nikkei Index, and USD/JPY, and to establish long positions in anticipation of the arrival of an interest rate cut period. It is suggested to choose a trading time frame of 3 to 6 months to reduce losses caused by volatility.
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04:10
It is expected that by 2024-2025, Shiba Inu (SHIB) will experience an explosive pump to $0.0003? The dog-themed meme token Shiba Inu (SHIB) saw a significant rebound in price in the past 24 hours against the backdrop of a market pump. After hitting a five-month low of 0.00001274 dollars on July 5, the token pumped 8% in the past 24 hours and steadily pumped 20% over the past week. However, a forecast report released by Forbes shows that AltCoin based on Ethereum's ETH network will experience a significant pump in the remaining time of this year, and may even reach a historical high. According to reports, industry experts including CIFDAQ blockchain ecosystem founder and chairman Himanshu Maradiya have made predictions about the price of SHIB in 2024-2025, ranging from $0.0001 to $0.0003, depending on favorable market conditions and ongoing ecosystem development. This means that if it reaches the key level of 0.0001 US dollars, the price of SHIB will pump by 416%, and if it reaches the key level of 0.0003 US dollars, its price will even pump significantly by 1440%. On the other hand, Utkarsh Tiwari emphasized the difficulty of predicting the prices of Cryptocurrency, including SHIB. Nevertheless, he noticed the bullish sentiment surrounding SHIB and suggested a more conservative approach, pointing out a potential price range by the end of 2024 of $0.0000298 to $0.0000396. Tiwari also emphasized the importance of monitoring price trends, and said that if SHIB exceeds 0.00003682 US dollars and continues to rise, it may reach 0.00006697 US dollars in 2024. On the contrary, a price reversal may cause SHIB to fall to 0.000010 US dollars, indicating the risk of a fall. According to the prediction Algorithm of the encryption data platform, the price prediction of Shiba Inu in the next few years is as follows: 2024 Forecast: SHIB is expected to trade between $0.00001453 and $0.00003859, with an upper limit price representing a potential increase of 123.30%, reaching $0.00003859. Prediction for 2025: SHIB is predicted to trade between 0.00001453 USD and 0.00007515 USD. Achieving higher value targets will mean a significant rise of 332.26%, reaching 0.00007515 USD. 2030 price prediction: The price of Shiba Inu in 2030 is predicted to range from a low of $0.00002237 to a high of $0.00006428, with an upper price target indicating a potential increase of 270.72% to reach $0.00006428. Possibility of reaching $0.01: Despite the evident enthusiasm for SHIB, achieving $0.01 would require an astonishing 46,144.44% return. However, according to the Algorithm prediction, it is unlikely for SHIB to reach $0.01. According to the Algorithm, the highest expected price estimate by January 1, 2049 is $0.000852. The current trading price of HIB is $0.0001939, still recording a 6.7% loss within the monthly time frame, indicating that the meme coin has experienced a price adjustment. According to data, the coin has pumped 141% year to date. (Data source: Ronaldo Marquez)
SHIB-3.44%
ETH-3.71%
MEME-4.28%
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06:59

It is reported that the performance of the Switch 2 console may be significantly improved.

According to sources, the Nintendo Switch 2 game console will focus on improving performance, significantly enhancing performance in console mode and maintaining good battery life in handheld mode. The Switch 2 console uses a fanless design and will operate at 5W power in handheld mode; when inserted into the dock, it will operate at 15-30W power. However, the Switch 2's processor core may be weaker than the SteamDeck, and may not be able to match it in terms of frame rate. However, it may benefit from support for DLSS and the possible use of some ray tracing functions, resulting in better resolution and game graphics for some titles.
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14:05
Odaily Planet Daily News CoinGlass data shows that as of the time of publication, $58,018 is the level at which BTC attracts the most liquidity, and its price is eroding the buying support level below $57,000. In addition, from July 4th to 5th, the total amount of BTC longs that got liquidated exceeded $220 million. After the weekend, some shorts positions were closed when BTC reached a local high of $58,500, as noted by trader Daan Crypto Trades. Some analysts also see encouraging signals from the relative strength index (RSI) of BTC in the daily time frame, including bullish divergences. Analyst Wolf wrote in a post: 'My initial bearish target was $52,000, but it seems that the bulls may be one step ahead of me. The daily RSI indicator shows a clear bullish divergence, and the expanding wedge pattern further increases investors' interest.' (Cointelegraph)
BTC-1.06%
WOLF-6.93%
X-3.04%
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01:49
DOGE flies to the moon: Dogecoin index turns bullish for the first time since 2020 Dogecoin (DOGE) is back in the spotlight once again, as the most important meme coin may be ready to go To The Moon. Previously, cryptocurrency analyst Kevin (formerly Yomi OG) analyzed Dogecoin, emphasizing an important indicator favorable to cryptocurrencies in the analysis. Kevin mentioned in a post on X (formerly Twitter) that the 12-day time frame of the Gaussian channel recently turned green on the chart of Dogecoin, the first time since December 2020. He claimed that this indicates a potential strong bullish trend for this memecoin in the coming months. Kevin added that the indicator has never failed to indicate these trend changes, indicating that Dogecoin has indeed experienced a bullish reversal. In another X post, Kevin claimed that during this time, DOGE's performance has been stronger than most altcoins, while the cryptocurrency market has been declining and trading sideways. He added that if DOGE can stay above the macro 0.382 FIB and the blue support area on the weekly chart, it is likely to enter the golden pocket range of $0.26 to $0.33. Kevin provided another bullish narrative for Dogecoin in another X post. By looking at the 4-hour timeframe, he emphasized the deviation back to the larger symmetrical triangle, which he claimed was a "bullish signal". He stated that it would be important for Dogecoin to return above the key moving average. He also added that he expects the most important meme token to test the $0.175 price level at some point as there is a significant liquidity within that range. The cryptocurrency analyst also emphasized the liquidity of the price area. He claimed that there is 'very significant liquidity' at the $0.175 level over a 3-month time frame. In addition, he stated that most of the liquidity outside this level is between $0.20 and $0.23. This is favorable for Dogecoin, as Kevin pointed out that market makers prefer to operate where liquidity is high, and currently Dogecoin's liquidity is definitely higher. Cryptocurrency analyst CrediBULL Crypto recently mentioned that Dogecoin has reached the level of "make or break". However, he seems confident that Dogecoin may see a bullish trend from its current price level and notes that this meme coin has already reached this "make or break" level when Bitcoin hit its range low. Therefore, he expects that if the flagship cryptocurrency experiences a bullish reversal, the price of Dogecoin will rebound. Meanwhile, cryptocurrency analyst Crypto Daily has made a short-term bullish prediction for DOGE. He predicts that Dogecoin will soon rise to between $0.33 and $0.35. The analyst added that if the daily closing price exceeds $0.18308, Dogecoin may further pump to $0.57. (Data source: Scott Matherson)
DOGE-2.93%
MEME-4.28%
OG-21.78%
X-3.04%
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15:33
XAUUSD|GOLD Gold scenarios! Based on harmonic pattern and also W in weekly time frame I think we may have some bearish trend in Gold! Share your thoughts in the comments. (Source from: TV-Asadimoayed)
W-4.95%
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