Ethereum is showing stronger technical momentum than Bitcoin as it continues to reclaim major resistance levels and build a more bullish market structure. The second-largest cryptocurrency is trading near $1,920 after successfully moving above both its 26-day and 50-day exponential moving averages (EMAs). The latest breakout from a modest ascending consolidation pattern signals renewed buying interest and suggests that bullish momentum is strengthening. Unlike several failed recovery attempts earlier this year, the current rally is supported by rising trading volume and improving technical… Read more
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The strikes may weaken Ukraine’s strategic capabilities, affecting its military operations and the geopolitical balance in the region. The post Russia targets Ukrainian drone facilities,
Bitcoin could sink to a cycle low of $38,000 to $39,000 by October if the current drawdown matches the depth of 2022’s bear market, NYDIG
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