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A U.S. Senator might unveil a “compromise draft” aimed at settling the crypto-stablecoin yield dispute in the forthcoming CLARITY Act. Another Update On The Crypto Legislation Republican U.S. Senator 

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Wall Street behemoth Goldman Sachs filed an application on Tuesday for a Bitcoin Premium Income exchange-traded fund (ETF), marking one of its most direct moves yet into the cryptocurrency investment 

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Bitcoin has climbed back above $73,000 from lows that saw the Crypto Fear & Greed Index in single-digit fear, and with that recovery has come a familiar chorus of the bottom is in, the next leg up is 

Bitcoin Sentiment Is Turning Bullish Again, But This Analyst Says It’s Not A Good Thing, Here’s Why

HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Post To Earn BonusDogecoin consolidates amid renewed institutional interest The cryptocurrency market is bearish on Monday after th

Dogecoin consolidates amid renewed institutional interest


The cryptocurrency market is bearish on Monday after the poor performance recorded on Sunday. Bitcoin is trading below $71,000, while Ether risks dropping below $2,100 if the bearish trend persists.

Meanwhile, Dogecoin, the leading memecoin by market cap, is holding steady around $0.09000 at press time on Monday, after losing over 2% on the previous day.

The consolidating performance comes as institutional demand for Dogecoin surged on Friday, with its largest inflow ever.

The leverage market also shows mixed sentiment, while the momentum indicators lean bearish as $DOGE tapers within a descending triangle pattern.

Institutional demand for Dogecoin returns

Sentiment toward Dogecoin is mixed due to the ongoing US-Iran conflict over control of the Strait of Hormuz.

On Friday, $DOGE-focused Exchange Traded Funds (ETFs) recorded $1.34 million in inflows, marking their largest inflow ever after 18 consecutive days of zero net flows.

The return of institutional interest marks its fifth daily inflow since inception and solidifies near-term confidence.

However, derivatives data show mixed sentiment among leveraged traders in the market.

CoinGlass data shows $DOGE futures Open Interest (OI) stands at $1.18 billion, rising over 1% in the last 24 hours, indicating an increase in the notional value of outstanding $DOGE contracts.

Meanwhile, the bulls have yet to take full control of the market as the OI-weighted funding rate fluctuates around the zero line. Currently, the $DOGE funding rate is positive at 0.0029%, suggesting a near-term bullish bias.

Technical outlook: Will $DOGE rally above $0.1?

Similar to other major cryptocurrencies, the $DOGE/USD 4-hour chart remains bearish and efficient.

$DOGE’s price has been consolidating over the past few days, trading between the $0.09779 and $0.08810 regions since March

Dogecoin consolidates amid renewed institutional i

with the asset trading between a low of 0.6602 and a high of 0. 7013. However, a negative change rate of approximately 0.42% suggests that, despite a strong open position, the price did not maintain m

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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Daily BTC Guess: Win 18M HTX! Strategy's STRC sees record-breaking trading day, may surpass that on Tuesday Stretch (STRC), the per

Strategy's STRC sees record-breaking trading day, may surpass that on Tuesday

Stretch (STRC), the perpetual preferred security sold by Strategy (MSTR) to fund its bitcoin purchases, posted record trading volume on Monday, funding the biggest single-day buying splurge through the company's at-the-market (ATM) program.

The world's largest publicly traded bitcoin holder is estimated to have added 7,800 BTC, according STRC.live, as STRC volume surged to $1.16 billion, more than four times the 30-day average of $278 million.



Strategy's STRC sees record-breaking trading day,

Bitcoin has climbed back above $73,000 from lows that saw the Crypto Fear & Greed Index in single-digit fear, and with that recovery has come a familiar chorus of the bottom is in, the next leg up is approaching, and the cycle is ready to turn bullish again. One analyst on X, however, is not buying it, and his reasoning is based on one of the most consistent patterns in Bitcoin’s price history.

Why Rising Bullish Sentiment Can Cause More Downside
Bitcoin’s sentiment is now slowly turning bullish again, which is a reflection of its price action in recent days. However, according to crypto analyst Max, the gradual return of optimism across social media and trading circles is a warning sign.

Max, who shared his outlook on X alongside a multi-cycle Bitcoin chart, proposed that the re-emergence of bullish sentiment at this point is precisely what should concern investors. “When sentiment slowly starts turning bullish again,” he wrote, “that’s usually your sign that the bottom isn’t in yet.”

Max pointed out that recent discussions around a cycle bottom forming already, along with predictions of a historic rally, mirror sentiment conditions that have always appeared before further downside moves. In short, the crowd turning optimistic too early could mean the market has not yet completed its corrective phase.

This outlook is based on the fact that the Bitcoin price has not yet produced the structural conditions that have historically confirmed cycle lows. He identifies three specific cycle low signals that are currently absent on the Bitcoin chart: total capitulation, repeated sweeps of the lows, and a confirmed change in market structure on the weekly timeframe.


Bitcoin Price Chart. Source: @_ctm_crypto On X

Cycle Timing Puts The Bottom In October
The most interesting part of this technical outlook is the cycle comparison overlaid by Max

Bitcoin has climbed back above $73,000 from lows t

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