Crypto Markets Stabilize After Steep Weekly Declines, Traders Show Near-Term Bearish Bias
Crypto Markets Stabilize After Steep Weekly Declines, Traders Show Near-Term Bearish Bias Original Source
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Bias
First Mover Americas: Bitcoin Skew Shows Put Bias Intact; Focus on RSI
The latest moves in crypto markets in context for May 3, 2022. Original Source
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Ethereum Topside Bias Vulnerable If ETH Dives Below $3,120
Ethereum extended losses below the $3,300 support zone against the US Dollar. ETH price even traded below $3,200 and might continue to move down. Ethereum started a major decline from the $3,450 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There is a key bearish
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Bitcoin’s ‘MACD’ Indicator Threatens Long Term Bullish Bias as Rate Hike Fears Linger
"The correction is driven by macro factors, specifically expected rate increases and liquidity tightening from the U.S. Fed. The 60d correlation between BTC and the S&P 500 was virtually 0 at the end of 2017 – now, it is over 65%," Noelle Acheson, head of market insights Genesis Global Trading,
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Bitcoin’s Options Market Trims Bearish Bias as US Inflation Report Looms
"After a quiet start to the year with options open interest coming off significantly from December, volumes started to pick up last night with several large short-dated options trading overnight," Patrick Chu, director of institutional sales and trading at over-the-counter tech platform Paradigm, told CoinDesk in a Telegram chat. "Over
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Bitcoin’s Net Exchange Flows Flip Bearish As Cryptocurrency Struggles For Directional Bias
A blockchain indicator tracking the flow of coins in and out of centralized exchanges is signaling a bearish shift in investor sentiment similar to the one seen before the May 2021 crash.Glassnode data shows the 90-day moving average of net exchange flows has turned positive, meaning more coins are entering
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