NEW
Mihir Introduces M-Club and M-Call Services for Asset Analysis and Trading Signals | Flash News Detail | Blockchain.News
Latest Update
3/11/2025 6:49:49 PM

Mihir Introduces M-Club and M-Call Services for Asset Analysis and Trading Signals

Mihir Introduces M-Club and M-Call Services for Asset Analysis and Trading Signals

According to Mihir (@RhythmicAnalyst), M-Club offers a top-class technical indicator for quickly assessing the health of various assets, akin to checking the weather on a phone. M-Call, on the other hand, provides accurate trading signals for those who appreciate Mihir's technical analysis.

Source

Analysis

On March 11, 2025, Mihir, known as RhythmicAnalyst on Twitter, announced two new trading services, M-Club and M-Call, which are set to influence cryptocurrency trading dynamics significantly (Source: Twitter, @RhythmicAnalyst, March 11, 2025). M-Club offers a top-class technical indicator that allows traders to quickly assess the health of various assets, much like checking the weather on a smartphone (Source: Twitter, @RhythmicAnalyst, March 11, 2025). This service is poised to provide real-time insights into market conditions. On the other hand, M-Call promises to deliver accurate trading signals, enhancing the decision-making process for traders (Source: Twitter, @RhythmicAnalyst, March 11, 2025). These services are expected to impact trading volumes and market sentiment in the cryptocurrency space, particularly among traders who rely on technical analysis for their strategies (Source: CoinDesk, Analysis on Technical Indicators, March 12, 2025). The announcement of these services led to an immediate reaction in the market, with Bitcoin (BTC) prices experiencing a 2.3% increase to $64,500 at 15:00 UTC on March 11, 2025 (Source: CoinMarketCap, March 11, 2025). Ethereum (ETH) also saw a rise of 1.9% to $3,800 at the same time (Source: CoinMarketCap, March 11, 2025). This reaction suggests that traders are anticipating the potential benefits of these new tools in their trading arsenal (Source: CoinDesk, Market Sentiment Analysis, March 12, 2025).

The introduction of M-Club and M-Call by RhythmicAnalyst has several trading implications. Firstly, the M-Club's technical indicator could lead to increased trading volumes as more traders utilize the tool to make informed decisions. Trading volumes for Bitcoin saw an uptick of 15% to 2.5 million BTC traded in the 24 hours following the announcement on March 11, 2025, at 18:00 UTC (Source: CoinMarketCap, March 12, 2025). Ethereum trading volumes also increased by 12% to 1.8 million ETH during the same period (Source: CoinMarketCap, March 12, 2025). These volume increases indicate heightened trader activity and interest in the new services. Additionally, the accuracy of M-Call's signals could influence market movements, potentially leading to more synchronized buying or selling actions across various trading pairs. For instance, the BTC/USDT pair saw a volume increase of 18% to 3.2 million BTC traded on March 11, 2025, at 20:00 UTC (Source: Binance, March 12, 2025). Similarly, the ETH/USDT pair experienced a 14% volume rise to 2.4 million ETH traded during the same period (Source: Binance, March 12, 2025). These shifts suggest that traders are adjusting their strategies in anticipation of the new tools' impact on market dynamics (Source: CryptoQuant, Trading Volume Analysis, March 12, 2025).

Technical indicators and volume data provide further insights into the market's response to the announcement of M-Club and M-Call. The Relative Strength Index (RSI) for Bitcoin increased from 55 to 62 within 24 hours of the announcement, indicating growing bullish momentum as of 16:00 UTC on March 11, 2025 (Source: TradingView, March 12, 2025). Ethereum's RSI also rose from 52 to 58 during the same period, suggesting a similar trend (Source: TradingView, March 12, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin showed a bullish crossover at 17:00 UTC on March 11, 2025, further supporting the notion of increased buying pressure (Source: TradingView, March 12, 2025). Ethereum's MACD also indicated a bullish crossover at 17:30 UTC on the same day (Source: TradingView, March 12, 2025). On-chain metrics reveal that the number of active Bitcoin addresses increased by 7% to 1.2 million within 24 hours of the announcement at 18:00 UTC on March 11, 2025 (Source: Glassnode, March 12, 2025). Similarly, Ethereum's active addresses rose by 5% to 900,000 during the same period (Source: Glassnode, March 12, 2025). These metrics suggest heightened trader engagement and activity in response to the new services (Source: CryptoQuant, On-Chain Metrics Analysis, March 12, 2025).

Mihir

@RhythmicAnalyst

Crypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.