Analysis: Bitcoin fails its first momentum push, can stay range-bound if it holds the $62,300 level
2026.08.16 16:13:46
Blockchain analytics platform Swissblock has released a report stating that Bitcoin’s first momentum ignition has failed, meaning the previously projected trajectory pointing to March to April remains valid. The firm noted that the momentum indicator briefly rose above the zero line but lacked sufficient strength to complete a full ignition, and has since returned to the "Transition Area". Swissblock added that as long as Bitcoin holds the $62,300 to $62,500 range and the momentum indicator stays within the Transition Area, the current trend will remain in sideways consolidation. It emphasized that a failed momentum ignition is not uncommon, and the real focus is whether Bitcoin will break below the Transition Area. If this area is breached, Bitcoin will exit its current consolidation structure and face renewed risk of falling into a capitulation phase.
South Korean police tracked Polymarket users via on-chain records and filed cases against 26 people on suspicion of gambling.
13 minutes ago
Garrett Jin posts ZEC withdrawal records, showing he currently holds around 202,000 ZEC worth over $300 million.
13 minutes ago
Donald Trump signs Russia-Iran sanctions bill while weighing military action against Iran.
13 minutes ago
Singapore-based payment platform Dtcpay has closed its Series A funding round, lifting its total raised capital to $25 million.
13 minutes ago
Shanghai, China-based embodied tactile technology firm Qianjue Robot announced the consecutive completion of two rounds of strategic financing worth hundreds of millions of yuan.
13 minutes ago
Potential issue detected on MultiversX mainnet, the official team is currently investigating.
13 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

