Ethereum Coinbase Premium Drops To 2022 Bear-Market Levels: Capitulation Or Further Downside?
Ethereum has faced intense selling pressure in recent sessions, with price action struggling to stabilize as broader market weakness persists. The asset has revisited the $2,100 zone, a level now being closely monitored by traders attempting to identify potential demand. Despite occasional relief bounces, momentum remains fragile, reflecting ongoing uncertainty across both derivatives and spot…
Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why
Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences. Weak Japanese…
Bitcoin’s Next Move? Coinbase Premium Suggests a Short-Term Rally May Be Brewing
According to recent insights, Bitcoin (BTC) seems to be on the verge of another rally, which suggests the potential for short-term upward momentum. At the heart of this discussion is the Coinbase Premium Index, a critical indicator analyzed in one hour by CryptoQuant analyst Yonsei Dent. This metric and specific moving average trends have highlighted conditions…