THESE top cryptos show signs of price stagnation: How and why? – BitRss

THESE top cryptos show signs of price stagnation: How and why? – BitRss

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THESE top cryptos show signs of price stagnation: How and why? – BitRss – Crypto World News
























Source of this Article
AMB Crypto 18 minutes ago
15

Recent data shows many traders holding long positions, contributing to the current price stagnation. Analyzing heatmaps and liquidation levels can provide insights into potential market shifts.

Bitcoin: The impact of predominant long positions

At press time, Bitcoin is trading at approximately $97k. Despite a strong bullish narrative, Bitcoin faces significant resistance at the $100,000 psychological barrier.

Recent data highlights a market heavily skewed toward long positions, a dynamic that could be contributing to the stagnation in price action.

BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.


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