Lido (LDO) broke another bullish support, as sellers extended the price dip to $3.
Lido (LDO) extended its bearish retracement by breaking the key support level of $3.2. The initial dip from $4 was briefly halted by bulls with a bullish candle at the previous support level but the intense selling pressure resulted in a 12% dip over the past 24 hours.
This follows a general reversal in the crypto market with Bitcoin (BTC) dropping to the $41k price zone and the global marketcap of cryptocurrencies decreasing by 3.27% over the past day.
Bitcoin's dip below a key support hinted at a return of selling pressure for BTC's spot market.
Despite its long term potential, TIA's price action has been bearish for most of 2024. Is it safe to maintain the altcoin in your portfolio?
The approval of Ethereum ETFs had little effect on ETH's price action. How will it play out over a longer timeframe?
BNB's bullish price action at the key support level of $594 saw the altcoin maintain its uptrend with the possibility of reaching a new all-time high.
Bitcoin is grinding lower beneath key resistance as geopolitical stress, rising oil, and tightening expectations keep sentiment pinned at extreme fear. Yet, steady institutional inflows hint at underlying demand building against a fragile, retail-driven selloff.
Bitcoin just logged its worst quarter start on record. Q1 is down 24.16% – third-worst quarter in Bitcoin's history. The cryptocurrency is now testing whether the $60K–$70K range holds accumulation or becomes another capitulation zone. This final week's macro data will set the tone for Q2.
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Miner supply is tight but not scarce enough to trigger a true shock. At the same time, Bhutan’s steady, programmatic sales are adding a visible, state-linked supply stream that the market is absorbing without clear signs of stress.
