
Crypto Rover Highlights Importance of Independent Research for Crypto Trading Success | Flash News Detail
From a technical evaluation perspective, the market indicators on Might 3, 2025, paint an in depth image of the continuing bearish momentum. Bitcoin’s Relative Energy Index (RSI) dropped to 38 on the 4-hour chart by 12:00 PM UTC, signaling oversold circumstances that might precede a reversal if shopping for strain emerges (Supply: TradingView, BTC/USD 4H chart, Might 3, 2025). The Shifting Common Convergence Divergence (MACD) for BTC additionally confirmed a bearish crossover at 11:00 AM UTC, with the sign line dipping under the MACD line, reinforcing the downward development (Supply: TradingView, BTC/USD indicators, Might 3, 2025). Ethereum mirrored this, with its RSI at 40 and an identical MACD bearish sign on the similar timestamp (Supply: TradingView, ETH/USD 4H chart, Might 3, 2025). Buying and selling quantity evaluation additional helps this outlook, as BTC’s quantity on Kraken surged by 22% to $500 million between 8:00 AM and 12:00 PM UTC, indicating sturdy promoting strain (Supply: Kraken Trade Information, Might 3, 2025). For AI tokens like Fetch.ai, the RSI stood at 35 on the 4-hour chart by 12:00 PM UTC, additionally in oversold territory, whereas its buying and selling quantity spike suggests potential capitulation or cut price searching (Supply: TradingView, FET/USD 4H chart, Might 3, 2025). The correlation between AI-related tokens and main cryptocurrencies stays evident, as AI growth information typically influences crypto market sentiment by means of algorithmic buying and selling and sentiment evaluation instruments. On-chain metrics for BTC present a 25% enhance in change inflows between 9:00 AM and 11:00 AM UTC, reaching 12,000 BTC, an indication of potential promoting intent (Supply: Glassnode, BTC change circulation knowledge, Might 3, 2025). Merchants leveraging AI-driven instruments ought to look ahead to sentiment shifts in social media metrics, as platforms like Twitter typically drive short-term value motion in each AI tokens and main property. This knowledge collectively suggests a cautious method, with alternatives for contrarian performs if key help ranges maintain.
FAQ Part:
What precipitated the Bitcoin value drop on Might 3, 2025? The Bitcoin value drop of three.2% from $62,500 to $60,500 between 8:00 AM and 12:00 PM UTC on Might 3, 2025, was accompanied by an 18% surge in buying and selling quantity on Binance to $1.2 billion, suggesting heightened promoting strain, although particular macroeconomic triggers stay underneath evaluation (Supply: CoinMarketCap and Binance Trade Information, Might 3, 2025).
How are AI-related tokens like Fetch.ai affected by broader crypto market tendencies? AI-related tokens like Fetch.ai (FET) skilled a 4.1% value drop from $2.25 to $2.16 throughout the identical interval on Might 3, 2025, with a 12% quantity enhance to $50 million on KuCoin, reflecting sturdy correlation with Bitcoin and Ethereum market actions (Supply: CoinMarketCap and KuCoin Trade Information, Might 3, 2025).