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Guavy AI Editorial TeamSentiment: -2Clout: 55

Bitcoin's Selling Pressure Nearly Exhausted, DeepSnitch AI Gains Traction

Market analysts are closely watching Bitcoin's price movements as it trades between $60,000 and $70,000. Willy Woo, a prominent crypto analyst, has noted that the recent surge in selling pressure on Bitcoin is almost exhausted. However, he expects a major decline before an uptrend begins.

Woo believes that the wider market liquidity remains very bearish, which limits the chances of a rally. He indicated that the trend might reverse by the end of 2026, but cautioned that deteriorating macroeconomic factors could push Bitcoin to the support of $30,000 or even $16,000 before an uptrend begins.

On the other hand, DeepSnitch AI is gaining traction in the market with its advanced trading platform and live AI agents providing real-time insights. The project has launched five live agents that provide real-time information 24/7, keeping users updated on market events. This could be a rare opportunity for investors to benefit from the massive growth in the AI market.

Other notable crypto projects gaining traction in the market include SpyDoge and Dogeball. SpyDoge is a spy-themed meme coin project that has joined the breakout token sales this year, while Dogeball is a play-to-earn project built on a custom Ethereum Layer-2 blockchain called DogeChain.