"1011 Insider Whale" claims the crypto market is still in a range-bound fluctuation

ChainCatcher News: “1011 Insider Whale” GarrettJin posted on X that the current market transmission path is influenced by geopolitical impacts on the macro environment, which in turn further affects the crypto market. He pointed out that attention should be focused on oil prices, the US dollar index, and the yields of 2-year and 10-year US Treasury bonds.

GarrettJin believes that the crypto market is still in a range-bound consolidation phase and states that maintaining caution is a common choice in the current environment.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Analysis: Bitcoin Shows Strong Signal as It Stabilizes Against Market Trends, Likely to Rebound to $75,000

Amid tensions between the US and Iran and weakening macro liquidity expectations, Bitcoin remains above $70,000, demonstrating market resilience. Despite facing multiple headwinds, price pullbacks have been limited, and analysts believe strong underlying demand could lead to a market rebound targeting $75,000.

BlockBeatNews26m ago

Bitcoin value ‘off the chart’ as BTC price metric hits record lows in 2026

Bitcoin (BTC) is “off the chart” in terms of value-for-money as price diverges from hash rate, a market analyst says. Key points: Bitcoin price action is diverging from hash rate to an extent never seen before. The Bitcoin Yardstick metric shows that price is in its “deep value”

Cointelegraph42m ago

Analysts Declare That $60,000 Was Not the Bottom Price for Bitcoin, Lower Lows Ahead

Analysts declare that $60,000 was not the bottom price for Bitcoin.  Much lower low prices are expected ahead for BTC.  This could have Bitcoin bottoming at the $40,000 price range. As the price of Bitcoin (BTC) moves in a bullish direction towards prices above $71,000, traders and

CryptoNewsLand1h ago

Crypto Market Records Modest Gains As Mixed Sentiment Prevails

The crypto market has seen a 1.35% rise, reaching a $2.44T capitalization, despite a 21.65% drop in volume. Bitcoin and Ethereum experienced gains, while top gainers included $GPM, $TRUMP, and $PEPE. DeFi TVL and NFT sales also surged, with key purchases and services announced.

BlockChainReporter1h ago

Bitcoin nears $72,000 as rising open interest signals growing leverage in choppy market

Bitcoin rose 1.2% following gains in U.S. equities, driven by oil prices dropping and geopolitical tensions. The crypto market shows resilience, with significant increases in futures open interest and altcoins outperforming Bitcoin as traders shift positions ahead of market movements.

CoinDesk1h ago

Gold’s longest losing streak in a century meets bitcoin’s resurgence

Gold is facing its longest losing streak in over a century, dropping 27% from its January peak, but recently rebounded slightly. Meanwhile, Bitcoin has outperformed, with significant inflows into Bitcoin ETFs, while gold ETFs see outflows.

CoinDesk1h ago
Comment
0/400
No comments