Bitcoin’s double-digit rebound and brief trading above $72,000 may confirm $60,000 was the bottom, but data shows top traders are refusing to open longs.
Key takeaways:
The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand.
US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period of heavy liquidations.
The Bitcoin and Ethereum prices have rebounded from last week’s lows, providing optimism that the bottom may be in This...
ETH’s market structure and fractal analysis from 2021 and 2024 provide insights where significant buy demand may exist Currently, it’s...
Bitcoin Magazine Goldman Sachs Discloses $11 Billion Position in Bitcoin ETF Holdings Goldman Sachs revealed it holds $11 billion in...
Bitcoin Magazine Bitcoin-Backed Bonds Facing Stress Test After Bitcoin Selloff, S&P Says Wall Street’s first public bitcoin-backed bond, issued by...
Solana’s (SOL) recent price action has put traders on alert once again After sliding to multi-month lows near the lower-$80...
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