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Tag: Weakness

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Bitcoin Bounces From $62,500 but On-Chain Data Signals Prolonged Weakness

Bitcoin breaks below $65,000, triggering historic bear market signal. Realized loss dominance suggests six-month liquidity drought ahead. Holders reduce 90,000 BTC, pressuring short-term recovery attempts. Bitcoin price has rebounded slightly after recent selling pressure, yet broader technical signals remain cautious. The crypto king recently broke down from a triangle pattern, raising concerns of further downside. …
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PEPE Price Drops 8% as Momentum Indicators Signal Further Weakness

In Brief PEPE price drops 8% in 24 hours, with RSI at 33.3 nearing oversold territory, suggesting possible further downside before a rebound. The 7D MVRV Ratio at -9.3% reflects significant short-term holder losses, with historical trends pointing to potential lows near -12% to -15%. Key support at $0.0000188 is critical; a breakdown could lead…
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