List of Flash News about momentum analysis
Time | Details |
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2025-06-02 09:31 |
Bitcoin Rally Supported by Active First-Time Buyers: RSI Signals Strong Momentum - Key Levels to Watch for Traders
According to glassnode, first-time buyers remain highly active in the Bitcoin market, as indicated by a 30-day RSI above 90. This elevated momentum suggests continued new demand could sustain the ongoing Bitcoin rally. However, if this influx of new buyers slows, the market may experience short-term consolidation due to weakening momentum support and increased profit-taking. Traders are advised to monitor cohort rotation and demand trends closely, as these factors could impact immediate price action and volatility (source: glassnode, June 2, 2025). |
2025-04-27 19:59 |
Bitcoin Trading Analysis: Potential Move to $97K and 4H50EMA Retest, According to CrypNuevo
According to CrypNuevo on Twitter, Bitcoin's current momentum remains strong, with no immediate signs of reversal. The analysis highlights a potential third leg up to the $97,000 level, where increased liquidity may trigger significant trading activity. Traders are advised to monitor the 4-hour 50 EMA, as a pullback to this technical level could provide a key support area for long entries. This strategy is supported by recent liquidity mapping and momentum studies shared by CrypNuevo (source: CrypNuevo, Twitter, April 27, 2025). |