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
The statement seemed to have triggered positive sentiment around FLOKI. A key metric flashed a buy signal, suggesting that FLOKI’s price could be set to hit $0.000030. As a seasoned crypto investor with a few years of experience under my belt, I’ve seen my fair share of market movements and project developments. The latest news … Read more
GME started the month with an over 300% spike in value. The volume has set another ATH record. As a seasoned financial analyst with extensive experience in analyzing memecoins and their market impact, I find the recent resurgence of GameStop memecoin quite intriguing. The sudden spike in value, which reached over 300% on June 3rd, … Read more