Bitcoin, Ethereum, Dogecoin Continue Downward Trend: ‘Range Deviation Or Bearish Retest?,’ Wonders Technical Trader
Posted On October 2, 2024
Cryptocurrency markets are trading lower as markets continue to cope with geopolitical uncertainty.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $60,836 | -1.6% |
| Ethereum (CRYPTO: ETH) | $2,393 | -4% |
| Solana (CRYPTO: SOL) | $140.87 | -4% |
| Dogecoin (CRYPTO: DOGE) | $0.1034 | -3.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001617 | -0.4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 12% and daily active addresses increasing by 17.6%. Transactions greater than $100,000 are up from 9,193 to 9,410 in a single day. Exchanges netflows are down by 55.7%.
- Coinglass data reports 77,587 traders were liquidated in the past 24 hours for $255 million.
- CoinMarketCap shows the crypto Fear and Greed Index at 39 in the fear zone, down from 56.6 last Friday.
- Crypto chart analyst Ali Martinez predicts that around $112 million in short positions will be …
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