GT 24H up 3.01%, current price 10.59 USDT

Sonic Price May Experience Technical Reversal: RSI Bullish Divergence Emerges, $0.03 Becomes a Key Support Level

Sonic token recently found support at $0.03, and the RSI shows a bullish divergence, indicating weakening downside momentum. If the support remains effective, the price could rebound to $0.04. Both technical and fundamental analyses show positive signals, but if the key support is broken, bears may regain control.

Ethereum funding rate turns negative! ETF outflows, staking yields are lower than stablecoins

Ethereum perpetual contract funding rates turn negative, indicating increased demand for shorts and a clear market bearish sentiment. Institutional demand remains weak, partly due to relatively low staking yields and a lack of sustained capital inflows. On-chain data and technical developments have failed to boost confidence, but Ethereum's DeFi ecosystem still maintains a strong moat. It is necessary to observe a rebound in funding rates and improvements in transaction fee revenue to determine the future market trend.

Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves

Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.

Bitcoin derivatives market turns bullish, traders bet on BTC surging past $80,000

Bitcoin market sentiment is improving, with more traders expecting the price to break above $80,000 in the coming months. The options market signals a bullish bias. Currently, Bitcoin is trading near $70,000, and analysts believe that if the bullish sentiment continues, a new directional move may emerge in the future.

XRP Ledger daily trading volume soars to 2.7 million transactions, RWA enthusiasm heats up, but XRP price remains trapped in the $1.34—$1.44 range

XRP price has recently been volatile, staying between $1.34 and $1.44. However, XRP Ledger transaction activity has increased, with a daily trading volume of 2.7 million transactions, mainly driven by real-world asset tokenization projects. Analysts point out that the market is in a consolidation phase, with a focus on the stability of the $1.34-$1.35 support level. If this support holds, a breakout above $1.44 could be possible.

Ethereum network activity reaches a new all-time high, but ETH price has fallen 30% over 6 months, ranking third in fee revenue.

Ethereum network activity reaches a new all-time high, with multiple indicators showing a significant increase in daily active addresses and smart contract calls. However, ETH price has fallen about 30% over the past six months, indicating a net capital outflow. Analysis suggests that capital flows have a greater impact on price. Despite Ethereum hosting a large amount of stablecoins, its value capture has not kept pace with the growth in network usage.