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$ETH Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, known for introducing smart contracts, decentralized finance (DeFi), and decentralized applications (DApps). Since its launch in 2015 by Vitalik Buterin, Ethereum has set to revolutionize the blockchain industry by enabling decentralized applications to run on a global network of nodes. Ethereum uses Ether (ETH) as its native currency, powering transactions and smart contracts

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#ActiveUserImpact Higher user activity also enhances security by strengthening network decentralization. If this trend continues, LTC could experience sustained price appreciation. However, external factors like market sentiment and macroeconomic conditions remain influential.

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#PriceTrendAnalysis Binance users can analyze price trends using charts, indicators, and trading volume. Charts Candlestick charts: Show price changes Line charts: Show price action Bar charts: Show price action Indicators Moving averages: Calculate average prices over a period of time RSI: Check if the market is overbought or oversold MACD: An indicator that can be used for technical analysis Trading volume Higher trading volume can indicate strong trends Steps for price trend analysis Open charts for a coin Add indicators Choose timeframes like 1-hour, 4-hour, daily, or weekly Wait for multiple indicators to confirm before trading Look at both short-term and long-term charts

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#OnChainInsights Increased Accumulation*: Bitcoin's accumulation trend score has risen to 72%, indicating increased buying pressure. 2. *Reduced Selling Pressure*: The selling pressure score has decreased to 28%, suggesting reduced selling activity.

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Latest News

Bitcoin Price Movements Could Trigger Significant Liquidations on Major Exchanges

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Blockchain Association Urges Flexible Crypto Regulation by SEC

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Bitcoin(BTC) Drops Below 96,000 USDT with a 0.96% Decrease in 24 Hours

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Bitcoin Falls Below $96,000 Amid Daily Decline

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Musk Announces Algorithm Update on X Platform

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