Analyst: The recent rebound is still far from a bull market, and Bitcoin breaking through $100,000 faces significant pressure.

BTC-3,35%

Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform stating that the recent rebound in the crypto market is still far from a bull market. Currently, market sentiment is very poor, and Bitcoin breaking through $100,000 faces significant pressure. Unless there is a strong buying force to hard push it, a gradual decline will continue. Data from options further confirm this, with IV continuing to decline, Skew remaining negative, and institutional put options continuing to account for the largest trading volume, all signals of a weakening market.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Zcash Rally Gains Strength as Privacy Demand and ZODL Funding Lift ZEC

Key Insights: The Zcash price rose above $235 with strong volumes, reflecting sustained institutional participation and signaling broader market confidence in privacy-focused digital assets. The $25 million ZODL funding supports protocol upgrades, wallet growth, and shielded adoption,

CryptoNewsLand5m ago

Hyperliquid Gains Traction as ETF Push Meets Strong Momentum

Key Insights: Grayscale ETF filing has increased institutional visibility for HYPEUSD, strengthening demand expectations as traditional investors seek simplified exposure to the Hyperliquid ecosystem. Technical indicators show

CryptoNewsLand9m ago

Bitcoin Slumps to $68K as Middle East Peace Hopes Fade

Bitcoin fell 3.6% as geopolitical tensions between the U.S. and Iran rattled global markets. The cryptocurrency dropped from a high of $71,405 to $68,123, cutting its market capitalization to $1.36 trillion and dragging the broader crypto economy to $2.43 trillion. Bitcoin Slides on

Coinpedia27m ago

Solana Activity Surges Past Rivals as SOL Price Lags Below $100

Key Insights Solana processes over 100 million daily transactions and $650 billion in monthly stablecoin volume, outpacing major blockchain networks in activity metrics. Institutional demand strengthens as spot Solana ETFs attract up to $1.5 billion in inflows, with growing participation

CryptoFrontNews36m ago

XRP Sees 233% Spot Flow Surge Amid Rising Trading Activity

Key Insights: XRP spot flows jumped 233% in one hour, highlighting increased direct market participation and signaling heightened short-term trading momentum across exchanges. Price structure mixed signals: XRP forms higher lows while remaining below major averages, indicating easing

CryptoFrontNews40m ago

AI Breaks Down XRP Price Action: Bearish Momentum Strong, But One Indicator Flashes Hope

XRP has been getting wrecked lately. The price is sitting around $1.97, down nearly 4% in the last 24 hours, and honestly, the structure is about as bearish as it gets. Lower lows, lower highs, price below every key moving average you can think of. It’s a textbook downtrend. No two ways about i

CaptainAltcoin45m ago
Comment
0/400
No comments