Analyst expects further ETH bullish momentum as options volumes remain high However, divergent views on non-staking ETH ETF demand persisted. As a researcher with extensive experience in the crypto market, I believe that Ethereum’s [ETH] current quiet phase on the charts may not last long. The bullish sentiment towards ETH is palpable, as evidenced by … Read more
Toncoin follows an ascending trendline support level that was tested thrice in three months. On-chain data shows rising social volume and whale transactions. As an experienced analyst, I have closely monitored Toncoin’s [TON] price action and on-chain data over the past few months. Based on my analysis, I strongly believe that Toncoin is gearing up … Read more
Bitcoin has a strong thermo cap ratio that underlined strong investments into the network. The transaction volume and unrealized profits metrics suggested Bitcoin’s overvaluation and potential correction, respectively. As an experienced analyst, I believe that Bitcoin’s strong thermo cap ratio is a positive sign for the network and underlines the significant investments made into it. … Read more
DEX volume fell to $1.03 billion, however, indicators revealed that ETH’s price could jump. The liquidation levels suggested that the altcoin could leave more shorts in liquidations. As an experienced analyst, I believe that while the decreasing DEX volume and underwhelming price action of Ethereum [ETH] may suggest bearish sentiments for some, it is essential … Read more
BNB closed above resistance on 3rd June. This confirms a spike in buying pressure. As an experienced market analyst, I believe that BNB‘s closing above the resistance level on 3rd June is a significant development in its price action. This breakout confirms a spike in buying pressure and suggests that the uptrend may continue. As … Read more
Bitcoin speculators were reluctant to bid, based on the Open Interest stagnation. Funding rates were only slightly positive, and BTC might not be ready to rally. As an experienced market analyst, I’ve seen my fair share of market trends and fluctuations. Based on the current data and trends, it appears that Bitcoin speculators are hesitant, … Read more