On-chain analyst Ali expressed in a post on X: "In each bullish cycle before this, ETH has exceeded the 3.2 MVRV pricing band. Currently, this level is $6,770."

BTC price hits a historical high of $75,000: Analysts say this is what you should expect next BTC price hits a new all-time high (ATH), breaking $73,700 and reaching a high of $75,000 on November 6th. Following this, cryptocurrency analyst Tony Severino revealed his expectations for the next step of this flagship cryptocurrency. Tony Severino stated in a post on X that the price of BTC is ready for a parabolic pump. He told market participants that the price of BTC will break the $75,000 mark. The cryptocurrency analyst also revealed that BTC is approaching the upper band of the Bollinger Bands, which is the tightest in history. Cryptocurrency analyst shared a chart showing that BTC prices could rise to $140,000, and this flagship Cryptocurrency could reach its potential market peak in 2025. Tony Severino previously mentioned that BTC is approaching the strongest phase of the Bull Market and explained that based on historical trends, BTC could rise to $133,000. In fact, the BTC price seems to be entering the strongest phase of the Bull Market after hitting a new all-time high. The recent pump in price to new highs can be attributed to Donald Trump, who has been elected as the next President of the United States. This provides bullish prospects for BTC and the broader Cryptocurrency market, as the elected President has openly declared support for BTC and other Cryptocurrencies. In addition to Trump's easy victory, it is worth mentioning that the price of BTC has never been lower than the level on the day of the US presidential election in history. Therefore, this may be the lowest range at which the flagship cryptocurrency may trade before recording the next parabolic trend of this Bull Market. In addition to Donald Trump's victory, there are other catalysts expected to trigger the next round of the BTC bull market. One of them is the possibility of a Fed rate cut, which is expected to take place on November 7th and is favorable for BTC prices. The Fed started its FOMC meeting today and will decide on the rate cut tomorrow. Data shows that there is a 97.6% probability of a 25 basis point (bps) rate cut by the Federal Reserve. With more capital flowing into its ecosystem, this provides a bullish outlook for BTC price. Institutional investors are also taking a wait-and-see approach as they may allocate more funds to SpotBTC ETF after the US election and the Fed rate cut. According to the data, currently, the price of BTC is about $74,500, and it has pumped more than 9% in the past 24 hours. (Data Source: Scott Matherson)

BTC Recovery: Can BTC Stop Falling to $41,000 with this Surge? BTC has rebounded in the past 24 hours, which may have prevented the significant dump it faced earlier. BTC experienced a big dump a few days ago, but it has shown a bullish trend since the beginning of this week, and its price seems to have regained momentum, rising to $57,000. In the past 24 hours, pump 4% completely retraced the price before the big dump. Perhaps more importantly, this pump helped the asset to gain some distance on the important pricing levels in the on-chain model. Analyst Ali Martinez discussed in an article yesterday how BTC is retesting part of the MVRV extreme bias pricing band model's support level. As the name suggests, this model is based on the popular Market Value to Realized Value (MVRV) ratio. This indicator tells us how the value held by BTC investors (i.e. Market Cap) compares to the value of the assets they have invested (Realized Market Cap). When this ratio is greater than 1, investors are in a net profit state, and when it is less than this ratio, it means the market is mainly in a loss state. The MVRV extreme deviation pricing range model uses the average of this indicator and relates the standard deviation (SD) to the price of Cryptocurrency. Here is the model chart shared by the analyst yesterday. BTC retested the level of $54,200 yesterday, which corresponds to the price at which the MVRV ratio reaches the same level as its historical average. If BTC is rejected at this level and falls below it, from a model perspective, the next important level will be $41,100. At this level, BTC's MVRV ratio will assume its average value is -0.5 SD. Ali has pointed out that BTC may face a pullback to this level. However, with the recovery in the past 24 hours, this direct threat of decline may no longer loom over the head of Crypto Assets. In terms of potential resistance levels in the future, the next BTC MVRV pricing range is around $67,400, so there is still quite some time before retesting. (Data source: Keshav Verma)

According to FactSet data as of the end of March, this move made Jill the fourth largest shareholder of Game Station.

Analysts predict that Bitcoin will pump 35% in the next step of the "magic zone". Despite the big dump after the price surged to $69,000, the Bitcoin price is still pumping, with the bulls continuing to hold the support level above $67,000. Bullish sentiment also continues to dominate, and the market remains quite greedy as it anticipates a significant increase in crypto assets starting now. Cryptocurrency analyst CryptoCon revealed that Bitcoin still has a long way to go before reaching the cycle top. In the analysis posted on X (formerly known as Twitter), the cryptocurrency analyst revealed that this digital asset has not yet reached the 3rd level of the magic band, so the top has not arrived yet. Analysts pointed out that in the previous bull market cycle, the Magic Band had already completed completely before reaching the top. The entire Magic Band needs to be completed in four levels. However, the current cycle is still only at level 2.5, which means there is still a long way to go. The next major level starting from here is the Level 3 Magic Belt, usually accompanied by a surge in price. After completing Level 2, the price set a historical high of over $72,300, and the cryptocurrency is now testing the 2.5 level resistance, needing to break through this resistance level. If the Bitcoin price can break through this resistance level, cryptocurrency analysts predict that it will surge by 35% to $91,500 at some point in 2024. "It will take some time to reach level 3 of the magic band, but that's the next step," the cryptocurrency analyst said. Using the magic of CryptoCon analysis, the top of the Bitcoin cycle may still be far away. As shown by the encryption analyst, even when reaching the level 3 magic band, there is still a level 4 to go, which usually marks the top of the cycle. This means that consolidation may occur after reaching $91,500 at the top of the third level before the completion of the fourth level magic tape. When this happens, cryptocurrency analysts expect BTC prices to actually touch $123,000 or more before the peak of the cycle arrives. If CryptoCon's analysts believe that Bitcoin is worth buying, then Bitcoin will still pump another 100% from the current price before the bull run ends. According to analysts, the cycle peak is expected to be around 2026. Currently, BTC price is still being supported by bulls, who continue to withstand fierce attacks from sellers. Despite a 4.3% drop last week, its trading price is still $67,900 at the time of writing. (Data Source: Scott Matherson)

The Stock Exchange of Thailand announced on May 27th that, in order to prevent improper trading behavior and reduce stock price fluctuations, it is seeking public opinion on additional measures until June 9th. The consultation is expected to further strengthen regulatory measures, such as disclosing the uncovered short sales and uncovered positions for each security. The measures mentioned in the draft include: automatic suspension of trading for each security if the buy or sell volume exceeds 15% of the total listed shares; introduction of a dynamic price band of the latest execution price + 10%; and enhanced market surveillance when securities trading deviates from normal conditions without fundamental reasons.

The real Trading Volume shows that there is a continuous long short imbalance band above COMEX gold futures