By Olivia Stephanie Bitcoin (BTC) remains under selling pressure after losing key technical support. Veteran trader Peter Brandt has warned that the current structure still points lower. His focus is on the $58,000–$62,000 range, which he considers the next major area to watch following the recent breakdown. Peter Brandt Targets $58K–$62K Peter Brandt wrote that […]
Tag: ADX
By Ethan Key Points: Despite the pullback, whale activity surged with over 30,000 ETH acquired in 24 hours, valued at $141.66 million Altcoins dominated perpetual futures trading, capturing 85.56% of global volume, led by ETH’s $38.16 billion Bitcoin trailed behind with $21.4 billion, while SOL and DOGE followed with $17.24 billion and $10.16 billion respectively […]
By Ethan Key Points:. Despite the decline, PENGU maintained a positive OI-weighted funding rate, indicating persistent bullish positioning. Open Interest fell to $332.66 million, reflecting reduced participation from both long and short traders. Long liquidations dominated recent activity, yet on-chain data reveals strong buying pressure over the past three days. Over $14.5 million in PENGU […]