Chainlink price is capped inside a narrowing bearish structure despite signs of accumulation from large holders. Summary LINK trades near $12.8 after double-digit weekly losses and falling volume Whale wallets added over $263M in LINK since November while exchange balances hit yearly lows Technical structure stays bearish unless price reclaims key resistance levels As of…
The BNMR stock price retreated for the third consecutive day and could be at risk of further downside, as Ethereum has formed a risky bearish flag pattern on the daily chart. Summary The BMNT stock price could be at risk of a strong bearish breakout. It has formed a symmetrical triangle pattern on the daily…
The XRP price stabilized at a crucial support on Dec. 16 as traders reacted to the latest US jobs numbers and waited for the upcoming Bank of Japan interest rate decision and US inflation report. Summary XRP price stabilized after falling to its lowest level since Nov. 22. The coin has formed an inverted head-and-shoulders…
Shiba Inu price is forming a double bottom at key high-time-frame support, with value area confluence suggesting downside exhaustion and the potential for a bullish rotation if support holds. Summary SHIB forms a double bottom at key high-time-frame support. Support aligns with daily structure and the Value Area Low. Reclaiming the Point of Control could…
Cardano breaks below its ascending channel, turning former support into resistance as ADA hovers near fragile lower support and faces risk of deeper downside. Summary Cardano broke below its ascending channel, flipping the former trend structure into overhead resistance. Volume expanded on the sell-off while lower highs and weak bounces signal sellers still control momentum….
Ethereum price lost the key $3,000 psychological support as U.S. Ethereum ETFs recorded their third straight day of net outflows, as the broader market sentiment adopted a risk-averse sentiment. Summary Ethereum price fell below $3k on Tuesday for the third time this month. U.S. Ether ETFs hit a three-day outflow streak, losing nearly $140 million….
Bitcoin price approached the $85,000 support level earlier today amid increased liquidations ahead of the release of U.S. jobs data later today. Summary Bitcoin price fell over 4% on Tuesday and retested the $85k support multiple times. Over $169 million in long positions were liquidated from the Bitcoin Futures market. According to data from crypto.news,…
A well-known early Bitcoin holder is sitting on a steep paper loss as crypto prices slide and leverage begins to work in reverse. Summary An early Bitcoin holder is facing about $54M in unrealized losses on large BTC, ETH and SOL long positions. The drawdown comes as crypto markets weaken, liquidations rise, and fear levels…
Aster price weakens after losing the $0.91 support on a closing basis, increasing downside pressure and opening the risk of a capitulation move toward the $0.81 yearly low. Summary Aster loses key $0.91 support, confirming structural weakness. Acceptance below prior support signals bearish continuation. Downside risk now focuses on the $0.81 yearly low. Aster (ASTER)…
Bitcoin and Ethereum slide sharply as traders hit pause ahead of U.S. jobs data and the Bank of Japan rate decision, while bearish charts and dwindling leverage hint the crypto sell-off may have further to run. Summary The crypto market is going down ahead of key macro data from the US It also dropped ahead…
