News

Welcome to our cryptocurrency news page! Here you will find the latest news, analytical articles, and updates from the world of cryptocurrencies. We strive to provide you with the most up-to-date and reliable information.

#Bitcoin Open Interest rising at a much slower pace than price itself on this bounce. This is generally good as it shows there's not as much positioning by longs chasing price and that the move is primarily spot led. Need it to stay that way to get a sustainable move up.
#Bitcoin Been telling you that the .786 Fibonacci retracement level has been getting respected very well this year. Especially after big moves. It is once again proving itself as extremely useful. This works on low and high timeframes but generally, the higher the better.
$ONDO Starting to look decent here by making this higher low. Want it to clear that green zone around $0.7 to get the party going again.
$PYR Plan remains unchanged. Want to see this retake the range and continue on to that ~$4 level. Held up relatively well compared to the downside from the market last week. Just needs some supportive $BTC price action.
ETF Flows Overview $BTC: +$28.6M 🟢 $ETH: -$5.2M First Inflow for #Bitcoin in 2 full trading weeks. Price seemed to like the fact that there was no outflows as the day ended with a good +4% move. Now let's see if these inflows start ramping up again.
The Coinbase App Store Ranking has fallen out of the Top 500 as of this week. This is the lowest it has been in over a year and shows there are very little new market participants. Shows how awful the sentiment is. This does create opportunities but needs patience.
$DXY Holding on to the range lows for the time being. There's CPI & PPI data releases this week which will definitely cause this to be a volatile week for the Dollar Index. Below 100-101 and this could turn into a much bigger move down. Trade w/ crypto
#Bitcoin Back at the Weekly 50 Moving Average. This level held price during the August 5 dump last month. Good level to watch and the bulls would want to close the weekly candle above this to not confirm a further breakdown.
$ETH Still sitting at support with little to no movement. $BTC.D also stalling at weekly resistance. The two are of course directly related to each other. I do think ETH will at least get some relief soon, even if it's just another lower high in the bigger down trend.
#Bitcoin Has set its current monthly low on the 6th of September. Technically this is a day late relative to the previous months but let's see how it does regardless. For this "trend" to maintain, price can't re-visit the current monthly low at $52.5K. Just a fun experiment :)
$AAVE Attempting a breakout. The big hurdle to cross is that yearly/cycle high at $154. Above that and I am targetting $200 & $260 next. But for those levels to be reached we need some supportive $BTC price action.
#Bitcoin A new CME Gap was made this weekend. It sits between ~$53K-$54.5K. It's the largest one made in a while. There's also a gap left at ~$62K which didn't get entirely closed yet. As always, these don't have to get filled but in a ranging environment they often do.
New Video! Discussing the market, my thoughts and highlighting some alts which are showing relative strength. If you like my content, consider subscribing and leaving a like! It helps to push it in the algorithm.
People got their September dump. Q4 is just 3 weeks away. Going to be interesting seeing if, how and when sidelined capital is going to allocate back. Price will lead narrative as always.
#Bitcoin Volatility levels are back near the cycle highs. This is after a lower period of volatility earlier this Summer. It's still quite a bit lower than the 2021 cycle. Those levels we didn't hit just yet.
#Bitcoin This cycle is like no other. Price made a new all time high before the halving and has stalled since. Technically, it's still ahead of where previous cycles would be relative to the previous cycle highs. That's why I feel like these past 6+ months are not that odd.
#Bitcoin Rainbow Chart Still trading in the dark green region as price is struggling to hold on to the $60K+ region. Below $51K, $BTC would fall back into the blue area which has historically been a good accumulation area on the higher timeframes.
$AVAX Starting to like how this one is shaping up on the higher timeframes. Came down all the way to the .786, making a higher low as we speak. Needs to clear this downtrend line and ideally the white region around $28 to really flip this trend around. Will be monitoring.
#Bitcoin Is now down ~13% in Q3. This would make for the worst Q3 in 5 years. It's also the worst quarter in almost 2 years. Let's see how it ends op closing.
#Bitcoin ETF Outflows are no new thing. During it's inception, there have been several $500M+ outflow streaks. Each time it bounced back strongly as price has been trading between $50K-70K. In the end, the ETF flows mostly follow price, not the other way around.