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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
The TradFi Gold Lucky Bag is now live—1g of real gold every 10 minutes. Trade nonstop, win nonstop!
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Details: https://www.gate.com/announcements/article/47889
Bitcoin's dominance reaches a new high, two key indicators warn that market pressure is coming.
[BitPush] 10x Research published an analysis on platform X, stating that although Bitcoin’s market dominance has soared to new cycle highs, two key indicators are flashing early signs of broader market pressure. Ethereum, which had previously risen due to ETF optimism, is now struggling under the burden of over-leveraged futures positions. At the same time, the (market-driven) liquidity that has been an invisible driving force behind each rebound is quietly drying up, and the often-overlooked flow of stablecoin funds is also showing a clear trend as summer approaches. Some major buyers in the market are withdrawing, and key technical levels are facing tests. Bitcoin and Ethereum are experiencing pullbacks as expected, both releasing signals of a shift from bullish to bearish. The risk of Ethereum falling below $2420, emphasized in the report before the weekend, has already materialized, and two key indicators for Bitcoin are also about to turn bearish, which could have widespread implications for the entire crypto market.