1.6 million traders liquidated in record cascade, analyst calls it a ‘perfectly executed’ trade

After a historic liquidation, the bulls and bears now appear to be in balance. All eyes are on Monday’s stock market open. Bitcoin and altcoins have experienced the largest liquidation cascade ever in the past week, which has now reshaped the positions of both retail and institutional traders. More than 1.6 million leveraged traders went […]

Only 24% of Altcoins are above their 200 -day SMA – Is brewing huge buying chances?

Low Altcoin SMA penetration indicates that buyers can benefit from undervalued altcoins before the next crypto tree. Only 24% of Binance-raised Altcoins currently trades above their 200-day simple moving average (SMA), according to the latest findings of Alphractal Founder Joao Wedson. The Altcoin market is far from euphoric, and now offers rare opportunities for accumulation. […]