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704 days ago

Ethereum unable to sustain a rally #crypto #eth

Most major altcoins are facing key hurdles. Ether is trading in a tight range for almost a month, with the 1'700 level providing so far solid support. Traders are keeping a close eye. A move below this level could signal the start of steeper declines. 

731 days ago

#Bitcoin hovers around key support. Peak #capitulation? #Crypto #BTC $COIN

Bitcoin fell as much as 6% on Thursday, close to below USD27'000, the lowest since December 2020. The key question is whether it will be able to regain its key support level of around USD29'800. The downfall of the stablecoin UST has impacted the crypto market and it is unclear if markets are close enough to peak capitulation in order to rebound. There are some signs of capitulation such as forced selling and markets are largely oversold after falling rapidly. 

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