Judging by recent price movements, bitcoin is approaching an important support level - the 50-day moving average. In the past, this level, which is currently around $94,000, has been crucial to the bitcoin market cycle. However, a break below this level could indicate that the current rally has lost momentum. Bulls should be wary of a decline toward the 50-day moving average.

This level is often the starting point for a reversal, but bull markets have traditionally ended when this level is broken. The rally in early 2024 could be the weakest in bitcoin's history. If the #cryptocurrency fails to hold at this level, its gains will be just 60% of its previous all-time high. For a cryptocurrency that has seen exponential growth in the past, such an outcome is quite disappointing.
Despite these concerns, the fact that #bitcoin has fallen to its 50-day EMA does not necessarily mean that the uptrend is over. A recovery above this level will boost the market's self-esteem and may even trigger a new uptrend. For the market to continue rising, bulls will be looking for a solid recovery above the psychological #threshold of $BTC Conversely, if bitcoin continues to fall below the 50-day EMA, it could test the 200-day EMA or other lower levels around $75,000. This would not only mark the end of the current bull market, but would also set a negative tone for the coming months. Compared to more traditional assets, this may seem small for bitcoin, but a 60 percent rise is still impressive.
Arman Shirinyan is a trader, crypto-enthusiast and SMM expert with over four years of experience.
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Vitalik Buterin, co-founder of Ethereum, has proposed to significantly improve Ethereum's consensus proof-of-stake mechanism by lowering the validator lock threshold from 32 ETH to 1 ETH.

Buterin said that "lowering the minimum bet to 1 #ETH will solve the problem preventing more people from placing single bets, thus democratizing betting and making #Ethereum more decentralized.
Ethereum currently requires 32 ETH to become a validator. This limit is designed to balance security, decentralization, and overhead. However, Buterin's new proposal argues that such a high #threshold is an obstacle for small participants and single bettors who want to contribute to Ethereum's security but cannot prepare a large blockchain.
lowering the threshold to just 1 ETH could significantly lower the barrier to entry, encourage more single-stakers to join the network and possibly limit the centralization of staking. Buterin believes that this is in line with Ethereum's long-term vision of becoming accessible to a wider range of users.
One of the challenges of lowering the threshold is maintaining efficiency without overloading the network; Buterin noted that lowering the threshold could lead to an increase in the number of validators, which would slow down the completion process and increase the operational costs of node management.
To address this issue, Buterin also proposed the concept of "single-slot finalization.
This would speed up block verification, reducing the completion time from the current 15 minutes to about 12 seconds.
This would not only improve the user experience, but also ensure Ethereum's security even as the number of verifiers increases.
The Ethereum community has long debated the viability of staking. Many solo stakers have expressed dissatisfaction with the 32 ETH requirement, and Buterin's proposal could be a turning point in empowering smaller participants. However, its implementation will require extensive testing and research to ensure that the stability of the network is not compromised.
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The recession may affect normal recovery patterns.

The dynamics of Bitcoin's price after halving follows the trend of 2015-2017 very closely. The #cryptocurrency , which previously reached a high of 61,000 pounds, fell from 4 to 49,000, a 20% drop. Past trends indicate that this has happened in previous cycles, shaping current market expectations.
In the second half of 2016/7, it fell 27% after a half cycle, but the price eventually recovered and hit a record high. I have repeated this pattern again, only this time with a difference in time and degree. Nevertheless, #MarketDownturn is expected to recover, continuing to follow the expected pattern of the previous cycle.
At the moment, Bitcoin has strong resistance at 73,800, but has failed to exceed 7,70,000 several times. This resistance is supported by the data that several bitcoin wallets hold around 3.75 million #MarketDownturn in the price range of $62,344.91 to $72,500, which is an important #threshold for price fluctuations.
In addition, since the last half of the year, the price of the asset has fallen by 26%, which is in line with the previous decline seen between 2015 and 2017. These levels have attracted a lot of attention from market analysts, and overcoming them could signal a new price rise.
The bitcoin recently filled a large gap on the Chicago Mercantile Exchange (CME), indicating the potential for a change in market trends. This gap between 59,400 yen and 662,550 yen indicates a lack of trading activity. Typically, its filling means that prices are trending higher.
Analysts note that the closing of such gaps often precedes market reversals and indicates to investors the possibility of future changes.
several more gaps have been identified, which means the possibility of greater short-term volatility. Traders see these gaps as an important tool for predicting the next bitcoin price change.

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Dogecoin can give growth signals that are easy to miss. Despite the overall downtrend in the market, Dogecoin trading volumes are showing a downward trend, which could indicate a possible reversal in the price trajectory.

Historically, if trading volumes fall during price declines, it may indicate that selling pressure is easing; in the case of #Dogecoin , it could mean that the market is running out of sellers, setting the stage for a potential price rebound. Interaction between Dogecoin and the 100-day EMA The interaction between Dogecoin and the 100-day EMA is another factor that increases the likelihood of a reversal.
Dogecoin has shown resilience at this level in the past and has bounced back a few times, suggesting that the $0.14 price point could be a springboard for future gains.
The presence of downward volume on a bearish uptrend is often perceived positively by traders. It indicates that the downward momentum is weakening and a trend reversal may be imminent. If Dogecoin manages to capitalize on this hidden signal, it could enter a recovery phase.
From a technical perspective, Dogecoin is currently just below a key resistance level. If it can break above this level, it could target the next resistance level of $0.17016. If the coin breaks this #threshold , the focus will likely shift to resistance around $0.18016, which could reinforce the bullish trend.
#XRP broke a key support level and dipped below $0.52. This level indicated a potential stepping stone to an upward trajectory.
XRP's break below $0.52 is notable because this level had previously served as a reliable pivot point for bulls. While this drop may have served as a basis for a comeback, trading volumes have declined along with prices, suggesting that the sellers' momentum is waning. This may indicate that the pressure on the sellers has exhausted itself and there is a potential for a rebound.
The current price of $0.5 is a round number that often acts as a psychological anchor for traders.
Above the current $ 0.

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Pepe recorded the second largest price increase in history.

Total supply has also reached an all-time high.
#Pepe [PEPE] has recently experienced a significant jump in price and has seen many strong performances. The recent jump has led to a significant increase in the number of tokens in profit.
Pepe is showing amazing volatility, experiencing a daily jump of over 40% for the second time in seven days.
Analysis of the daily timeframe chart shows that the March 1 trading session ended with a staggering 45.62% increase.
This jump added to a recent string of strong uptrends following a 32% gain on February 26 and a 47.51% gain on February 27; the February 27 gain was the highest to date; and the March 27 gain was the highest to date, following a 32% gain on March 26 and a 47.51% gain on March 27.
A comprehensive analysis using the price range tool also showed a rise of about 250% over the past seven days. As of this writing, the pepe is trading up another 1% or more.
In addition, an examination of the Relative Strength Index (RSI) has shown a historical position. At the time of writing, the RSI was approaching the 86 mark. This RSI position indicates that Pepe is not only in a strong bullish trend, but is also highly overbought.
Notably, this is the first time in the company's history that it is in such a position.
Pepe volume analyzed by Santiment showed a significant spike of more than $2 billion on February 28 and 29.
Prior to that, the maximum recorded volume was less than $400 million. At the time of writing, volume was around US$1.9 billion and could reach the US$2 billion #threshold again.
The sharp increase in volume is indicative of the growing number of transactions as asset prices rise.
In addition, sustained price momentum has led to a preponderance of buyers over the past few trading days, contributing to the marked increase in volume.

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