Ethereum is getting pounded on the chart, but the on-chain data says this is not a full-blown breakdown yet. The bigger problem for bulls is that a real recovery probably won’t start until stronger U.S. spot demand shows up. ETH price breakdown: trading around $1,670, down more than 16% in a week Key supports lost: […]
Read Full Article
Bitcoin’s spot market is getting thinner, and that’s a bad look for anyone expecting a strong rally to be backed by real demand. Spot volume has fallen to multi-year lows Low liquidity can amplify price swings Coinbase Premium Gap has turned deeply negative U.S. selling pressure may be weighing on BTC Glassnode says Bitcoin spot […]
Read Full Article
Bitcoin’s Coinbase Premium Gap has flipped negative after 20 straight days in the green, a sign that U.S. buying pressure may be cooling just as BTC slips back below $77,000. Coinbase Premium Gap turns negative after a 20-day positive streak U.S. demand may be weakening as Bitcoin falls to around $76,500 Coinbase vs. Binance remains […]
Read Full Article