Bitcoin's sell-side risk ratio drops under critical level, hinting at potential price rebound.
Toncoin's Sharpe Ratio is rising, indicating a favorable risk-reward balance. Despite a 36% drop, traders expect a recovery, influenced by Bitcoin's trends. With over 90 million holders, Toncoin's adoption is growing, potentially driving prices higher if Bitcoin rallies.
BNB faces increasing bearish pressure, possibly heading towards the $500 mark. Key technical indicators signal continued downtrend. Potential reactions include climbing towards $537 if resistance holds or dropping below $500 towards $454 and $357 if momentum persists.
Cryptocurrency analyst Rekt Capital observes Bitcoin mimicking a bull cycle from 8 years ago suggesting possible significant growth. He highlights current similarities to the period after 2016's Halving, considering historical retracements and the potential for near-term volatility before a move upward.
