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Two Reasons Why Ethereum May Not Be Ready to Reclaim $2,600
Two Reasons Why Ethereum May Not Be Ready to Reclaim $2,600

Bearish signals from Ethereum's Super Trend and MACD indicators suggest that resistance may hinder its potential recovery to $2,600.

BeInCrypto·2024/11/05 13:00
QCP U.S. Election 2024 Commentary
QCP U.S. Election 2024 Commentary

QCP Capital·2024/11/05 10:00
Mt. Gox Transfers $2.2 Billion in Bitcoin Amid Repayment Extension
Mt. Gox Transfers $2.2 Billion in Bitcoin Amid Repayment Extension

Mt. Gox’s $2.2 billion Bitcoin transfer fuels market volatility as creditors face further repayment delays, extending this saga’s impact.

BeInCrypto·2024/11/05 08:25
Looking back at historical extremes, when is the latest the results of the U.S. election can be announced?
Looking back at historical extremes, when is the latest the results of the U.S. election can be announced?

What should be done if there is a tie with a score of 269:269?

Chaincatcher·2024/11/05 08:11
11 Charts Interpreting the October Crypto Market: Most Indicators Show a Strong Rebound
11 Charts Interpreting the October Crypto Market: Most Indicators Show a Strong Rebound

For the cryptocurrency industry, the past October saw most indicators finally beginning to rebound. This article will review the state of the cryptocurrency market over the past month with 11 charts.

Chaincatcher·2024/11/05 08:11
Flash
  • 03:07
    MemeFi is now live on Sui Network, with a 24-hour increase of more than 75%
    On November 27, according to MemeFi's official tweet, MemeFi has officially launched Sui, becoming the first GameFi project that spans the TON+SUI dual ecosystem. The number of MemeFi chain holders has exceeded 2.5 million. In addition, MemeFi will also provide detailed documents for this airdrop and the roadmap after the token TGE. MemeFi's popularity on Telegram continues to be hot. On November 26, the perpetual contract transaction volume reached 1.5 billion US dollars, and the current price is 0.01131 US dollars, with a 24-hour increase of more than 75%.
  • 03:00
    Top trader Eugene: Have bought ETH during the market downturn
    Top trader Eugene Ng Ah Sio posted, "I bought some ETH during this dip. Although the market signals are still not very clear, the trends of BTC and MSTR imply that the Bitcoin train has clearly stopped." According to the most basic "10 IQ capital flow logic", it should be ETH's turn to rise now, and its current price around 3000 dollars seems like a bargain.
  • 02:56
    Analyst: Bitcoin daily line shows adjustment, altcoins remain resilient
    According to analyst Duck Army on platform X, Bitcoin (BTC) displayed a small bearish candle with upper and lower wicks on its daily chart, indicating a normal downward adjustment with slightly higher trading volume than the day before yesterday. The daily MA30 remains on an uptrend, but the MACD indicates a shift from weakening bullish momentum to strengthening bearish momentum. Nevertheless, the candle began to shorten and formed a pattern similar to a doji, suggesting weakening bearish momentum, which makes a significant further downturn unlikely. A rebound is expected after some consolidation, with potential target levels between $96,000 and $98,000. It's noteworthy that despite Bitcoin's retracement, altcoins showed strong resistance to the drop, with some even rising against the market trend. The focus might shift to those altcoins that have had minimal gains at the bottom, which are expected to experience a catch-up rally. Technical indicators place Bitcoin's daily resistance levels between $94,600 and $126,000, with support levels ranging from $87,400 to $79,830. From a short-term trading perspective, the market is currently experiencing a rebound at the 8-hour level of the daily MA30, returning to a 10-minute bounce within the 8-hour support zone. It is suggested to go long at $90,600 and enter short positions between $93,200 and $94,320, while closely monitoring stop-loss points. According to the liquidation heat map, there are substantial unresolved short positions in the $94,750 to $101,900 range, and a large number of long positions provide support between $90,800 and $88,600.
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