According to BlockBeats news on March 29, the cryptocurrency trading indicator analysis platform CoinKarma stated that after Bitcoin’s pullback from $76,000, liquidity and altcoin resilience indicators have once again shown significant resonance, indicating that conditions for a short-term rebound are present.
Currently, within the oscillation range, when the overall market liquidity (10% Overall Liquidity) and the altcoin resilience index (ALT resilient Index) resonate significantly, there is a high probability of forming a short-term bottom, with the potential for a rebound.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
American Bitcoin Corp. Posts $82M Q1 Loss, Revenue Down 20%
According to a company statement released Wednesday, American Bitcoin Corp., the Trump family-backed Bitcoin miner, posted a net loss of $82 million in the first quarter, compared with $59 million in the fourth quarter. Revenue declined approximately 20% to $62 million, reflecting lower average
GateNews5m ago
CryptoQuant Analyst Identifies $93K as Critical Upside Level for Bitcoin
According to CryptoQuant analyst Crypto Dan, Bitcoin's short-term holder realised price at $93,000 has been identified as a critical upside threshold, with BTC currently trading above $82,000 following record April ETF inflows of $2.44 billion. The short-term holder realised price represents the
GateNews43m ago
Bitcoin Whales on Hyperliquid Push Net Long Positions to 2026 High on Wednesday
According to Glassnode, Bitcoin whales on Hyperliquid pushed their net long positions to a 2026 record on Wednesday. Total whale positions on the largest onchain perpetual futures exchange stand at approximately $3.5 billion, with long
GateNews1h ago
VanEck's Matthew Sigel Says Bitcoin Could Hit $1 Million in Five Years
According to CNBC, VanEck's Head of Digital Assets Research Matthew Sigel said on Wednesday that Bitcoin could reach $1 million within five years. Sigel cited demographic trends and young investors' intention to allocate to Bitcoin as key drivers. He compared Bitcoin adoption to the video game
GateNews1h ago
Eric Trump Criticizes JPMorgan's Shift on Bitcoin After Previous Dismissal
Eric Trump, U.S. president's son and co-founder of American Bitcoin, commented on the turnaround from traditional institutional firms now embracing bitcoin. His remarks highlight a shift in stance from JPMorgan and similar institutions that previously dismissed the
GateNews3h ago
Project Eleven Warns Q-Day Could Hit as Early as 2030, With 6.9M Bitcoin at Risk
According to Project Eleven's Wednesday report, quantum computers could break modern encryption as early as 2030, with the startup estimating that 6.9 million bitcoins, worth more than $560 billion, could be exposed to quantum risk under certain conditions.
The post-quantum security-focused startup
GateNews3h ago