As an experienced analyst in the digital currency trading industry, I cannot stress enough the importance of understanding and managing margin requirements when engaging in futures trading. Having gone through the ups and downs of various market cycles, I’ve learned firsthand that mismanaging margin requirements can lead to significant losses or even forced liquidation of … Read more
The final Ethereum ETF approval has signaled rising institutional interest. State Street and Galaxy Digital’s collaboration has expanded ETF options beyond Bitcoin, boosting crypto adoption. As an experienced analyst, I believe that the recent news of Ethereum ETF approval and the collaboration between State Street and Galaxy Digital are significant developments in the crypto space … Read more
The German government transferred BTC worth millions of dollars. However, buying sentiment remained dominant in the market. As an analyst with a background in cryptocurrency and experience observing market trends, I find it intriguing to see the German government’s recent transfer of millions of dollars worth of Bitcoin while the market sentiment remains uncertain. During … Read more
NEAR Protocol broke below the 50-day moving average, shifting to a bearish trend after a bullish week. A massive drop in RSI towards the oversold territory and the formation of a lower low highlighted strong selling pressure. Based on my analysis, NEAR Protocol’s bearish trend is evident as it has broken below the 50-day moving … Read more
Shiba Inu was hovering at a key support level at around $0.00001745. Metrics indicated bearish signals. As an experienced analyst, I closely monitor the cryptocurrency market, and Shiba Inu’s [SHIB] recent price action has piqued my interest. Based on the data available, I believe that the current support level at around $0.00001745 is crucial for … Read more
Data of holders in/out of the money provided valuable insights into where Ethereum could halt its downtrend. Two network metrics showed increased selling pressure behind ETH in recent weeks that has not yet let up. As a seasoned crypto investor with experience in the market’s volatile swings, I find the recent data on Ethereum [ETH] … Read more