ETH hits key barriers, BTC stays firm, and DigiHorse signals bullish light

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While Ethereum faces resistance at $3,000, DigiHorse presents a bullish opportunity in the GameFi space and experts are predicting a strong performance.

Ethereum faces significant hurdles as it attempts to break the $3,000 mark due to increased currency inflows and selling pressure limiting bullish momentum. Analysts warn that if there is no increase in buying pressure, the ETH price could fall further, potentially reaching $2,208.

Meanwhile, Bitcoin continues to show resilience amid price volatility; Recent market activity is consistent with previous bull markets and points to the potential for stability despite short-term declines.

Among these, DigiHorse offers investors a bullish opportunity. As the GameFi token gains traction, experts predict that DIGI will perform exceptionally well, providing investors with a much-needed haven during the ongoing bear cycle.

Ethereum faces significant hurdles as exchange inflows increase

Despite initial optimism about Ethereum’s potential to reach $3,000 in October, on-chain data and technical indicators suggest the cryptocurrency may struggle to overcome this hurdle. The increase in selling pressure and increased currency inflows suggest that Ethereum could remain below the $3,000 threshold in the near term, despite bullish “Uptober” hopes.

The sharp increase in ETH flowing to exchanges is a key indicator of declining investor confidence. Last week, foreign exchange inflows increased from 78,127 ETH to over 268,956 ETH; This suggests that many investors are unloading their positions to avoid further potential price declines. Combined with the negative Coinbase Premium Gap, which shows US investors selling rather than buying, the data suggests Ethereum could face downward pressure in the coming weeks.

Bitcoin remains resilient despite price fluctuations

According to Glassnode analysts, Bitcoin has shown resistance in recent periods of price fluctuations. Despite the pullbacks, declines remain relatively shallow and continue to follow patterns reflecting the steady demand and controlled corrections seen in previous bull markets.

The report states that metrics such as Real Market Average and Active Trader Price suggest a strong base of support for Bitcoin. With investor demand stabilizing the market, Glassnode analysts emphasize that the current cycle remains consistent with historical bull market trends, providing optimism despite recent price fluctuations.

DigiHorse attracts GameFi’s attention with increasing pre-sales

DigiHorse DigiHorse, the GameFi token of the Empires horse racing web3 game, has made significant progress, selling more than 8.8 million DIGI tokens in just a few pre-sale phases. This impressive growth reflects analysts’ predictions that DigiHorse could become a 10,000x gem, and investors are eager to position themselves early in this promising project.

DigiHorse’s success is no surprise, considering the innovative features it offers in the GameFi industry. The project is attracting the attention of both casual players and crypto enthusiasts by integrating customized genetics for NFT horses and high-stakes racing tournaments. As pre-sale investors begin to see returns, expectations for its official launch are increasing within the DigiHorse community, positioning the token as a leader in the emerging GameFi space.

One of the important factors increasing interest in DigiHorse is the exclusive membership club DigiHorse Empires Club. This club offers investors early access to in-game assets, new features, and management roles that impact the future of the game. These privileges not only provide members with valuable in-game advantages, but also provide a rewarding investment experience, giving them a competitive advantage in this rapidly growing market. Investors who join early will benefit the most from DigiHorse’s long-term success.

To learn more about DigiHorse, visit its official website and social media.

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