Review for November 8:

#BTC😱 closed below the $35,200 resistance level, but the asset is currently seeking to settle above this level. In case of a successful breakout, buyers can continue to attack the upper border of the ascending channel. A pullback to the support trend line at $33,600 is also likely, which will help unload the market before the next takeoff.

Now there is speculation about a possible breakdown of the upper limit of the trading channel ($37,300) with a subsequent movement to the upper limit of the Ichimoku Cloud at $42,200. Overcoming this resistance could lead to further growth of Bitcoin to the level of $46,500.

Regarding ether #ETH , the asset tested the support level of $1,860 and made a technical rebound. However, Ether selling has intensified as it approaches $1,915, which could trigger further tests of the $1,860 support level.

There have also been changes in the altcoin market. The listing of the project's native token #SATS on the Bitrue exchange led to an increase in its value by 30% compared to #USDT. The announcement of the release of games from the Nakamoto Games platform (#NAKA) in the #TON ecosystem caused#NAKAto grow by 18% compared to #USDT). A technical update to the Flow network (#FLOW ) increased its price by 15% (to #USDT).

Daily review of the cryptocurrency market for October 30.

#BTC on the two-hour chart forms the ABCDE continuation pattern inside the Pennant. However, selling pressure at $34,800 stopped the upward momentum and the price dropped below the POC ($34,500). The RSI has broken through the EMA 50 from top to bottom, which may indicate further decline. The lower border of the Pennant is expected to be tested in the area of ​​$33,280, where the EMA 100 2H is located. Continued growth is possible after overcoming the level of $34,500, with a rollback to the area of ​​$37,000 - $37,300.

#Ethereum has not broken through the $1,810 level and is likely to decline towards $1,750 before attempting a new rally.

The GameFi sector continues to grow.

The gaming industry is undergoing changes supported by blockchain technology. It is recommended to consider investing in gaming project coins.

On the altcoin market, the new version of the Bitrock website (#BROCK ) increased the price by 35%. SoftNote of the Tectum platform (#TET ) increased by 22% after the announcement of the expansion of the service for private transactions. Galaxia (#GXA) is up 18% due to its new staking program.

The total market value of cryptocurrencies increased by 0.6%, while the share of Bitcoin decreased by 0.15%. Bitcoin is in a sideways trend, but price consolidation above $34,500 could trigger upward momentum towards $37,000

Daily review of the cryptocurrency market for October 28:

#BTC on the four-hour timeframe approached the 0.236 Fibonacci correction level ($33,257), which stimulated buying. Hidden bullish divergence on the RSI indicator indicates a possible upward impulse towards $35,000. However, a test of the $32,850 level and subsequent price pullback is expected before a possible rise above $34,500.

#ETH continues to consolidate around $1,810. A breakdown of this level and growth to $1,860 is expected.

Offchain Labs presented the Orbit software stack for creating second- and third-level blockchains (#ARB ). Developers can use the Stylus tool to create decentralized applications in Rust, C and C++ while maintaining compatibility with the EVM environment. This increases competition in the field of second-layer solutions for scaling the Ethereum blockchain and contributes to the expansion of the ecosystem.

Altcoins are also active, with#RVSTup 42% due to the announcement of the second version of Revest Finance,#UXup 20% due to new derivatives on UX Chain, and#ZBUup 15% ahead of its listing on BitMart on October 30th.

Daily Market Review: October 25

📉 #BTC (daily chart): News of BlackRock's ongoing changes to the listing of Bitcoin ETFs has confused market participants, and Bitcoin has slowed its growth. The asset returned to the ascending channel it left in August. The Balance Volume line has broken through the key resistance level, but the instrument is consolidating and a slight pullback of Bitcoin is expected. The price pattern of a week ago is likely to be repeated: several days of consolidation above $33,100, followed by an upward movement of Bitcoin to the upper boundary of the channel - to $36,250 with a possible breakdown.

📉 #ETH : Ethereum fell to the level of $1,750, from which it is expected to rebound and rise to $1,810.

🚀 Altos: #UCJL is up 33% after listing on Indodax. #STRAX increased in price by 30% after the announcement of migration to StratisEVM. Integration of#FXwith the Rabby Wallet cryptocurrency wallet increased the value of#FXby 20%.

📊 Cryptocurrency market: Market capitalization decreased by 0.9%, Bitcoin dominance increased by 0.2%. Altcoins are likely 2-3 days away from closing the gap with Bitcoin. Bitcoin is then expected to continue to grow and its dominance to increase

Daily Market Review: October 24

📈 #BTC : Bitcoin reached $35,450 on the Binance exchange, partially fixing positions. Liquidation of short positions of $295 million supports growth. Indicators indicate the strength of the impulse. To continue growth, it is necessary to keep the asset above $34,000. A short consolidation is expected between $36,000 and $37,500, followed by a rise to $42,000.

📉 #ETH : Ether rose to $1,850, but then pulled back. To continue growth, it is important to maintain the level of $1,750.

🚀 BlackRock Bitcoin ETF: BlackRock's ETF, iShares Bitcoin Trust, is listed as a DTCC asset. The listing increased the price of Bitcoin by 14%. This does not automatically mean SEC approval, but it does improve the chances.

📈 Alts: #MINA + 45% after listing on Upbit. #MNGO + by 32% after the announcement of the development of our own AI.

📉 Stock market: Dow Jones fell 0.58%, S&P 500 fell 0.17%, NASDAQ Composite rose 0.27% due to reports from large technology companies. Rising yields on 10-year US Treasury bonds are putting pressure on the market for high-risk assets.

📊 Cryptocurrency market: The total value of digital assets increased by 8%, the share of Bitcoin jumped by 1.5%. Dominance #BTC reached 54%, reaching a new annual maximum. 🚀

Daily Market Review: October 18

📈#BTC(4-hour chart): Bitcoin is holding above the upper boundary of the descending channel, heading towards the resistance level of $28,600. Bulls support the asset, buying Bitcoin when it falls to $28,000 - $28,100. The Balance Volume line seeks to consolidate above the trend resistance, which may signal continued growth.

📉 #ETH: Ethereum tested the $1,550 support level, making a technical rebound. For further growth, it is important to fix the price above $1,600.

🚀 BNB Greenfield: The BNB Chain team has launched the BNB Greenfield mainnet for decentralized data storage. The solution has high throughput and built-in access control, providing secure and decentralized data storage. With increasing interest in decentralized storage, solutions like BNB Greenfield may become popular.

📈 Altos:#PAALgrew by 55% after joining the Nvidia startup support program.#OAXrose 30% thanks to an update to its portfolio tracking app. #META's partnership with Thepol increased #META's value by 20%.

📉 Stock market: Dow Jones rose 0.04%, S&P 500 fell 0.01%.

BlackRock CEO Larry Fink, commenting on the fake news about the launch of #Bitcoin-ETF, said that what happened primarily indicates the accumulated interest in Bitcoin.

“Yesterday’s situation is an example of pent-up interest in cryptocurrency. We hear from customers all over the world about the need for cryptocurrencies.”

His words would be in Gensler’s ears😏

Daily review and thoughts on the market: October 17

📉 #BTC : After Cointelegraph's fake news about a Bitcoin ETF in the US, the price fell by 6.6%, causing the liquidation of $136.6 million of short positions. The asset is now trading between $28,200 and $28,600. Buyer activation is expected around $27,300.

📉 #ETH : An attempt to return to the $1,600 - $1,660 zone was unsuccessful due to resistance from sellers. Support level is $1,550.

💪Bitcoin mining: Mining difficulty set a new record, increasing by 6.47%. This indicates a gradual return of interest in the market and an increase in network security.

🚀 Altos: #ORBS increased by 25% after the launch of futures on Bitmex. #STEP increased in price by 20% due to the expansion of Step Finance functionality. The#VITEwallet update increased the price by 15%.

📈 Stock market: Dow Jones rose by 0.93%, S&P 500 by 1.06%, NASDAQ Composite by 1.2%. Investors are awaiting a speech by Federal Reserve Chairman Jerome Powell.

📊 Cryptocurrency market: Capitalization increased by 1.2%, the share of Bitcoin increased by 0.5%. A correction is expected after the attack #BTC for $28,600. 🚀

$80 million liquidations at the time of fake news about the launch of #Bitcoin-ETF #BlackRock.

The SEC has probably once again become convinced of the excessive manipulative nature of the crypto market, looking at what is happening...

AHAHAH

Bloomberg analysts said that this is fake information and the SEC has not yet confirmed the iShares Bitcoin ETF from BlackRock

I think that the information is not completely fake, we just haven’t waited for the official message from the SEC yet

In short, we are not happy and we are not upset. I’m sure that a little later the Bitcoin ETF will be confirmed and we’ll fly off to 🌙

Daily market overview for September 27:

#BTC (two-hour chart): At the moment, Bitcoin is holding above the level with maximum trading activity of $25,200 - $26,700. However, its position remains unstable. Last week's opening level ($26,350) has not yet been reached, and yesterday's rebound from POC was weaker than the previous one. Trading volumes continue to decline, indicating a lack of interest in buying Bitcoin at current levels.

#ETH: Ether is again approaching the $1,600 resistance level and is expected to pull back towards the September low at $1,535.

MoneyGram launches its own non-custodial wallet for exchanging fiat currencies for the#USDCstablecoin on the Stellar blockchain. This could stimulate interest in digital assets and increase the number of new users in the cryptocurrency market.

Altcoins: #SOFI grew by 33% thanks to the addition of new liquidity pools on the Soswap DEX. #VITE increased in price by 16% after the announcement of a new website and other updates by the developers. #BSW increased by 15% due to the launch of new financial products for liquidity management on the Biswap platform.

Daily review and market analysis for September 26:

Bitcoin (#BTC ): On the 4-hour chart, Bitcoin is trying to rise but has encountered resistance at last week's open and EMA 21. Until the price returns above $26,400, a pullback to $25,800 is possible.

Ethereum (#Ethereum ): Ethereum is testing the lower end of the $1,600 - $1,660 price range, and until it settles above $1,600, a new low is likely.

MicroStrategy continues to invest in Bitcoin, purchasing 5,445 BTC at an average price of $27,053, increasing the total number of Bitcoins to 158,245. This shows the company's belief in cryptocurrencies.

Altcoins: Against the backdrop of the launch of Kwenta staking (#KWENTA ), its price increased by 55%. The listing of Moonbeam (#GLMR ) on BitMart led to an increase of 38%, and the release of its own DEX by the Hydranet project (#HDN ) increased the value by 33%.

The US stock market closed higher but remained alert to budgetary tensions and US government funding.

The total market value of cryptocurrencies increased by 0.5%, but Bitcoin's dominance remains stable. Last week's opening level ($26,400) remains an important resistance for Bitcoin.

Daily review of the cryptocurrency market for September 25:

#BTC : Bitcoin continues to move in line with previous analyses. After unsuccessful attempts to overcome the upper boundary of the horizontal channel, the price returned to the POC mark. However, the descent to $26,000 occurred on low trading volume, which could lead to new momentum towards $25,800. After this, Bitcoin is expected to return above POC, confirming the strength of buyers. This could trigger a hunt for short stop losses and a rise in the price to $26,700 and above.

#ETH : Ether corrects towards $1,565 and may drop back to $1,550 before reversing.

Coinbase: The American crypto exchange has registered with the Bank of Spain and can now provide storage and trading services for digital assets. This reflects growing interest in crypto in Spain, where it has become a popular means of payment and is attracting investors and entrepreneurs.

Altcoins: #SRX , #IUS showed an increase in price after various announcements and updates.

Market capitalization and Bitcoin dominance: Cryptocurrency market capitalization decreased by 1.15%, and Bitcoin share decreased by 0.25%. Long positions worth $60 million were liquidated in the last 24 hours

Daily Market Review: September 24

▫️ #BTC (4x tf). Typically, weekends see a decrease in Bitcoin volatility, and since the publication of yesterday's review, its price has changed by only 0.5%. Technical analysis does not yet provide obvious changes; the asset continues to be in the consolidation zone between the levels of $26,700 and the opening of the week at $26,400.

According to Coinglass data, there are two main liquidity zones at $26,100 and $27,600. With bullish pressure easing at current levels, the first move expected is to hit POC ($26,100) with a possible further decline towards $25,800. we can expect a price rebound and a possible upward impulse towards $27,300 - $27,600.

▫️ #ETH . Ethereum continues to trade below the lower limit of the $1,600 - $1,660 range, and in the near term we may see it attempt to reach the $1,570 level, which was previously successfully defended by buyers.

▫️ Altcoins: The increase in the reward for staking the native token of the Hegic project (#HEGIC) caused the growth of#HEGICby 35% (to #USDT).

▫️ The total market capitalization of digital assets decreased by 0.2% over the past 24 hours, and the share of Bitcoin fell by 0.1%.

Daily market overview for September 23:

▫️ #BTC (three-hour schedule). The approach to the $26,700 level is accompanied by increased selling, limiting Bitcoin’s attempts to break through the upper boundary of the channel. Below $26,700, trading activity slows down and Bitcoin is below the 21 3H EMA, indicating a possible decline ahead of another attempt to break the upper boundary.

▫️ #ETH Ethereum failed to return to the $1,600 - $1,660 range, which increases the likelihood of testing the $1,570 level before a new attempt to reach $1,600...

▫️ Altcoins: The inclusion of new digital assets in PIP payment products (#PIP ) led to a 40% increase in #PIP (to #USDT).

The launch of new NFT collections on the WEMIX platform (#WEMIX) increased the price of#WEMIXby 24% (to #USDT).

The news of the integration of DeFi platform Stafi (#FIS) into Chainlink's CCIP interoperability protocol led to a 20% increase in#FIS(to #USDT).

▫️ Cryptocurrency market capitalization decreased by 0.25% over the last 24 hours, and the share of Bitcoin decreased by 0.15%. In the near future, the price of #BTC is expected to decrease to the POC level ($26,100) with a subsequent upward movement to $26,700 - $27

Daily market analysis: September 22
#BTC (4x TF) continued its decline and approached the open price of the week. A lack of buying pressure could lead to a test of the $26,700 level and possibly a retest of the $27,500 resistance level.

#ETH tested the $1,570 level, after which an active buying movement began. Overcoming the $1,660 level may contribute to further growth of this cryptocurrency.

Binance announced the selection of 12 startups to participate in the incubation program, starting September 25th. Projects are divided into categories including DeFI, Web3, artificial intelligence and others.

Some altcoins saw gains: #LM was up 25% after a coin burn,#FLMwas up 18% due to increased staking rewards, and #ACH was up 15% after receiving the Alchemy Pay license.

▫️American stock indices closed lower due to weak dynamics in the consumer services, raw materials and finance sectors. On the New York Stock Exchange, the Dow Jones fell 1.08%, the S&P 500 fell 1.64%, and the NASDAQ Composite fell 1.82%.

The total market value of digital assets decreased by 0.3%, and the share of Bitcoin decreased by 0.1%.

Market overview as of September 21:

#BTC According to the CryptoQuant analytical platform, the last 30 days have been filled with a squeeze of long positions in Bitcoin, which may lead to a continuation of the local uptrend if the EMA 21 D level is maintained and a rollback to $26,500 is possible.

Ethereum (#Ethereum ) has dropped and a test of the level of $1,580 - $1,600 is likely.

Wallmart plans to add metaverse shopping features, allowing you to order physical goods in the virtual world of House Flip.

Citi Group estimates indicate a potential growth of the metaverse market to $8-13 trillion. by 2030, which is generating interest in this technology from major retailers.

Altcoins such as ALVA (#AA ), IMX (#IMX ) and (#STFX ) showed growth amid audits, game announcements and interface updates.

The US stock market ended lower, especially in the technology, materials and oil and gas sectors.

The cryptocurrency market capitalization has decreased slightly over the past 24 hours, but Bitcoin's dominance has increased.
The Fed left its benchmark rate unchanged and the US dollar index (#DXY) is approaching resistance, which could support growth in digital assets

Market overview as of September 19:

Bitcoin (#BTC ): Bitcoin continues to impress by exceeding expectations. The price reached $27,400 but faced stiff resistance and a long upper shadow of the candle. However, Bitcoin returned to the level of $26,700, which strengthens the chances of reaching the EMA 200 D level ($27,050). The main support level is $26,700, and holding it could lead to a rise to $28,000 - $28,200, otherwise the price could decline to $25,600 - $26,000.

Ethereum (#ETH ): Ethereum began a correction after reaching $1,670 and is trying to maintain the level of $1,600 - $1,660. This may trigger a new attempt to rise.

Blockchain Capital: The company has raised $580 million to invest in blockchain and crypto projects, with Visa among the investors.

Altcoins: #PLAY is up 30%, #PAAL is up 20% and MC is up 16% due to various events.

Stock Market: Growth in the oil and gas, technology and industrials sectors contributed to the rise in the US stock market. The Fed's decision remains an important factor for the market.

Cryptocurrency market capitalization: Cryptocurrency market capitalization increased by 0.6% over the last 24 hours, while the share of Bitcoin decreased by 0.1%. Bitcoin needs to hold the $26,700 level for further growth.

Daily Market Review: September 18

On the four-hour chart, #BTC , after checking the support trend line, moves towards the upper border of the horizontal channel, which also coincides with the EMA 200 4H level. Despite this, low activity in an attempt to break through the upper boundary of the channel could cause the price to roll back to the $26,700 level, and then possibly move towards $27,500. Holding the price above $26,700 could create conditions for growth.

#ETH returned to the lower limit of the $1,600 - $1,660 range, but for further growth it needs to consolidate above $1,630.

Second-tier network Base has overtaken Solana in terms of volume locked (TVL), increasing #TVL by 122% over the past 30 days. This indicates a significant increase in activity and the number of transactions on this network.

Altcoins also saw decent movements such as #MEVFREE,#NAKAand #PZP, increasing by 40%, 20% and 18% respectively.

The overall market value of cryptocurrencies increased slightly, and the dominance of #BTC increased by 0.2%. Next week's Fed meeting could impact the market, depending on interest rate decision

Daily Market Review: September 17

#Bitcoin TC on 4x TF: After several unsuccessful attempts to overcome the resistance level at $26,700, Bitcoin dropped to the upper limit of the Ichimoku Cloud. Consolidation under the seller's block is accompanied by a decrease in trading volumes, which indicates a likely test by the price of the trend support line indicated on the chart. Its breakdown will lead to a correction of the instrument to the lower border of the Ichimoku Cloud in the area of ​​$25,750.

#ETH : Ethereum has lost some value against Bitcoin, falling 0.45% over the past 24 hours. At the moment, the asset is in a narrow price corridor between $1,600 and $1,660. The price has not been able to overcome the middle of this consolidation zone, which may indicate that sellers are starting to put pressure on the market and the price may move towards the level of $1,580 - $1,600.

An important development in the world of cryptocurrencies - the Japanese government intends to simplify the financing of startups, allowing them to receive investments in cryptocurrency.

Altcoins: The value of #FOLD increased by 35% after the announcement of the launch of the omnichain token #mevETH by DeFi platform Manifold Finance. #SOLVE 's partnership with the Hancom project resulted in SOLVE growing by 25%.