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U.S. 10-year Treasury futures climbed 21 ticks, while 30-year Treasury futures rose 1 big tick.European and American stock index futures rose, with S&P 500 futures extending gains to 0.95% and Nasdaq futures up 1.43%; Euro Stoxx 50 futures rose 1.1% and German DAX 30 futures rose 1.1%.May 25th, Futures News: Economies.com analysts latest view: WTI crude oil futures have continued to decline in recent intraday trading, constrained by negative pressure from prices consistently trading below the EMA50 moving average. Bearish momentum has further strengthened, causing prices to break below a major short-term bullish trendline. This negative technical signal increases the likelihood of further declines. The Relative Strength Index (RSI), despite the price easing from its previous oversold condition, continues to release negative signals, providing more technical space for the market to deepen its decline in the short term, with bearish momentum still dominating.May 25th, Futures News: Economies.com analysts latest view: Brent crude oil futures fell, mainly due to the previous break below a key short-term uptrend line. Current prices remain under pressure below the 50-day EMA, limiting any potential for a sustained short-term rebound. Simultaneously, prices have also broken below the $99.00 support level. The Relative Strength Index (RSI), after escaping oversold territory, is releasing negative signals, further increasing downward pressure in the current market structure.Global Chip LOF (501225): This fund will be suspended from trading from the opening of the market on the afternoon of May 25, 2026 until the close of the market on the same day. During the suspension period, the redemption business of this fund will continue as usual.

BTC Fear & Greed Index Falls Despite BTC Avoiding Sub-$16,000

Jimmy Khan

Nov 24, 2022 15:40

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Bitcoin (BTC) increased by 2.44% on Wednesday. BTC finished the day at $16,613 after rising by 2.87% on Tuesday. For the first time in three sessions, BTC avoided trading below $16,000.


BTC dropped to a low of $16,168 early in the morning following a mixed day's start. BTC surged to a late high of $16,682, avoiding the First Major Support Level (S1) at $15,791. At $16,469, the First Major Resistance Level (R1) was breached by BTC, which ultimately closed the day at $16,613.


On Wednesday, FTX contagion risk decreased even further, supporting the cryptocurrency market desperately needed. Former FTX CEO Sam Bankman-Fried boosted investor hopes after learning that the company had cash reserves of $1.24 billion.


Bankman-Fried wrote in a letter to the staff, "Perhaps there still remains a chance to preserve the company. I think there are many billions of dollars in sincere interest from new investors that could be used to compensate customers. But since I have no control over it, I can't guarantee you anything.


The letter came after news that Justin Sun of Tron and Brad Garlinghouse of Ripple were interested in buying FTX assets. Investors are hopeful that the collapse of FTX will have a minimal effect on creditors given the stated cash holding of $1.24 billion.


The FOMC meeting minutes provided more assistance for the cryptocurrency market overnight. Before the holidays, talk of letting up on the gas helped riskier assets, with the NASDAQ Composite Index increasing by 0.99%. The US economic data underwhelmed, though, restricting the NASDAQ's potential growth.


Since the US markets are closed for Thanksgiving, there are no US statistics to take into account today.