20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

20%-drop-in-the-s&p-500-puts-stocks-in-a-bear-market,-bitcoin-and-altcoins-follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has … Read more

Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets

bearish-head-and-shoulders-pattern-forces-ethereum-traders-to-re-adjust-their-price-targets

Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are … Read more

How long will the crypto bear market last? Raoul Pal’s macro analysis

how-long-will-the-crypto-bear-market-last?-raoul-pal’s-macro-analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy … Read more

Analysts say Ether price must hold this key level to avoid a capitulation-like move

analysts-say-ether-price-must-hold-this-key-level-to-avoid-a-capitulation-like-move

Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. The crypto market experienced another day of pain on May 12 as the fallout from Terra (LUNA) and TerraUSD (UST) failure continue to ripple across the ecosystem. While the coverage for UST and … Read more