Bitcoin, Ethereum Rebound From Weekend Lows, Dogecoin Weak: Analyst Says This Metric Points To A Higher Chance Of Rising

Benzinga2022-08-22

ZINGER KEY POINTSBitcoin, Ethereum advance, while Dogecoin declines at press timeOANDA analyst says crypto winter may not yet be overMarket intelligence platform says influx of shorts into market ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

ThinkOrSwim
·2022-08-22
I wanna know what you smokin'. You be glad if it stood flat.
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1159661888?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-22 15:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159661888","market":"other","top_or_hot":-1,"title":"Bitcoin, Ethereum Rebound From Weekend Lows, Dogecoin Weak: Analyst Says This Metric Points To A Higher Chance Of Rising","media":"Benzinga","content":"<div>\n<p>ZINGER KEY POINTSBitcoin, Ethereum advance, while Dogecoin declines at press timeOANDA analyst says crypto winter may not yet be overMarket intelligence platform says influx of shorts into market ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/08/28579019/bitcoin-ethereum-rebound-from-weekend-lows-dogecoin-in-red-analysis-platform-says-bet-agai\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin, Ethereum Rebound From Weekend Lows, Dogecoin Weak: Analyst Says This Metric Points To A Higher Chance Of Rising</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin, Ethereum Rebound From Weekend Lows, Dogecoin Weak: Analyst Says This Metric Points To A Higher Chance Of Rising\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 15:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/22/08/28579019/bitcoin-ethereum-rebound-from-weekend-lows-dogecoin-in-red-analysis-platform-says-bet-agai><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSBitcoin, Ethereum advance, while Dogecoin declines at press timeOANDA analyst says crypto winter may not yet be overMarket intelligence platform says influx of shorts into market ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/08/28579019/bitcoin-ethereum-rebound-from-weekend-lows-dogecoin-in-red-analysis-platform-says-bet-agai\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/22/08/28579019/bitcoin-ethereum-rebound-from-weekend-lows-dogecoin-in-red-analysis-platform-says-bet-agai","article_id":"1159661888","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159661888","pubTimestamp":1661153378,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"ZINGER KEY POINTSBitcoin, Ethereum advance, while Dogecoin declines at press timeOANDA analyst says ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"比特币、以太坊从周末低点反弹，Dogecoin疲软：分析师表示，这一指标指向更高的上涨机会","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"ZINGER KEY POINTSBitcoin, Ethereum advance, while Dogecoin declines at press timeOANDA analyst says crypto winter may not yet be overMarket intelligence platform says influx of shorts into market could lead to a squeeze on such 'bets'Bitcoin and Ethereum traded in the green early Monday morning as the global cryptocurrency market cap rose 0.8% to $1.02 trillion.Top Gainers Over 24 HoursWhy It Matters: While major cryptocurrencies were trading higher intraday, the upwards momentum was not strong. As for stocks, the S&P 500 and Nasdaq futures were down 0.6% and 0.8%, respectively, at press time.Volatility among risk assets comes ahead of anticipated comments from U.S.Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium, which is slated for Aug. 25.OANDA senior market analyst Craig Erlam said in a recent note, seen by Benzinga, that the next key test for Bitcoin could be the $20,000 level. He said, “The crypto winter may not be over yet.”Santiment said that markets rebounded Monday after Bitcoin and Ethereum fell below $20,900 and $1,540, respectively, on Sunday. The market intelligence platform said exchanges are witnessing “high levels of [short] trades] coming in as “people fear drops to June levels again. As long as they bet against markets, there is a higher chance of a rise.”Cryptocurrency trader Michaël van de Poppe said the total market capitalization for cryptocurrencies still looks the same. He said it was holding the 200-week moving average for support implying “continuation is still likely, and the bottom is in or close.”Justin Bennett pointed out that cryptocurrencies have fallen more sharply in relation to the S&P 500.“At this rate, [stocks] do NOT need to make new lows for [BTC] to make new lows,” tweeted the cryptocurrency trader.Bennett said that a fall of even 7% from the S&P 500 could translate into a 40% drop for Bitcoin.Going forward into the fresh trading week, Alternative.me’s “Crypto Fear & Greed Index” flashed “Fear,\" just as it did last week.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9996877592,"gmtCreate":1661153635121,"gmtModify":1676536463166,"author":{"id":"4107161170881400","authorId":"4107161170881400","name":"ThinkOrSwim","avatar":"https://static.itradeup.com/news/456b9d740a0500cd2e7af1a1332c61de","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4107161170881400","idStr":"4107161170881400"},"htmlText":"I wanna know what you smokin'. You be glad if it stood flat.","listText":"I wanna know what you smokin'. You be glad if it stood flat.","text":"I wanna know what you smokin'. You be glad if it stood flat.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996877592","repostId":1159661888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":12,"commentSize":1,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}