Crypto Coins The weekend is preparing for a nice entrance and the daily closing remained for 3 hours. The left coin is at $ 240 to get back $ 0.28. While the risk appetite for the subcoins increased, TED Pillows pointed to an important signal. On the other hand, we will take a look at the current BTC estimates of analysts.
Future of Altcoins
TED Ethereum of Altcoins in today’s evaluation $4,703.28 Open positions except 9 months later BTC He wrote that he was about to pass his open positions. Growth in open positions shows the intensive demand in futures and increases during periods of strong volatility. Analyst wrote that this was a signal for the local summit between December and March 2024.
If the date repeats, the subcoins are expected to rise for 1-2 weeks and start to fall after making their new summit. However, if we see the Altcoin Taurus scenario, we see the continuation of the rise, not a decline when starting the last quarter.
“This is really worrying! Open positions of Altcoins (except ETH), Bitcoin for the first time in 9 months
$116,206.13to pass the open positions (OI).
This was the last time in December 2024 and March 2024 and both times subcoins It created a local summit in 2 weeks. ”
Bitcoin and Crypto Coins
Benjamin Cowen was one of the analysts who worried about falling. However, as it draws attention in the graph that it shared a few hours ago, the bull market support level is kept by BTC. For the Altcoins, this situation is promising that there is no general rise yet.
“BitcoinAlmost in the middle of September, it still continues its strong course on the bull market support band. ”
Michael Poppe is hopeful as usual. The return of BTC this week, not unfair, developments in the macro front helps to be positive.
“Bitcoin 116,000 and under consolidation. Eth He caught a significant exit and returned to $ 4,600. Altcoins began to leave the markets behind. This is the situation we are in now and this will continue. ”
In the coming days, we hope not to see anything negative to suppress crypto currencies if direct or indirect sanction decisions about Russia are not announced.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.