🚀The cryptocurrency market fell 1.35% in the past 24 hours, continuing its month-to-date decline of 7.18%. The main reasons are as follows:
1. ETF outflows – Bitcoin spot ETFs saw a net outflow of $195 million, indicating that institutional investors remain cautious.
2. Leverage Adjustment – Open interest in derivatives decreased by 0.82% in 12 hours, while long positions were closed out by 30% in 12 hours.
3. Fear Sentiment – The Fear & Greed Index has fallen to 27 (Fear), a key indicator worth watching. If it continues to rise above 30, it may indicate that market sentiment is recovering.
💥Margin call alert:
In the past 24 hours, a total of 95,501 people across the internet have been liquidated, with a total of $265 million. Among them, long positions suffered a bloodbath ($176 million), and short positions were not spared either ($89.3453 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price approximately 92004, down 1.13% in the last 24 hours.
Today, keep a close eye on 92700! This is a crucial watershed. Only if the 4-hour chart closes firmly above it will the upward channel remain open. The next targets are the resistance levels of 94155, 96000, and 98160.
If the price fails to close above 92700 within 4 hours, the pullback pattern will continue. Pay close attention to the following support levels: 90820, 89075, and 87600.
2. Ethereum (ETH): Price around 3162, down 0.90% in the last 24 hours.
Today's key support level is 3150. As long as this level holds, the 1-hour rebound will continue! We'll test the minor resistance level of 3193 first, and then launch an attack on 3240, 3322, and 3390.
If the price accidentally falls below 3150, this one-hour rebound will be over. We need to keep a close eye on the support levels below: hold the minor support at 3110 first, then watch the defense strength at 3065, 3030, and 2976.
3. BNB: Price around 901, down 0.98% in the last 24 hours.
Today's target is 901! If it holds above this level, the 1-hour rebound can continue to gain momentum, first breaking through the minor resistance level of 913, then attacking 928, 939, and 950;
If the price falls below 901, any rebound will have failed. The next support levels are: 888, 874, and 857. Don't miss out on these multiple support levels!
4. SOL: Price around 138, down 3.44% in 24 hours.
The key level for SOL is 140! It must firmly hold above this level for the 1-hour rebound to officially begin, followed by a steady advance towards 144, 146, and 148.
If the price fails to hold above 140, it indicates a weak rebound, and a further pullback is expected. The first support level to watch is the previous low of 137, followed by support at 135, 133, and 130.
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.13 trillion, and the total trading volume in the past 24 hours is approximately $126.2 billion.
The current market sentiment is 27 (fear), and the market is currently caught in a double bind of persistent panic and improving technical indicators. Although the Fear & Greed Index suggests that the market is undervalued, investors are still waiting for a clear signal that market capitalization has exceeded $3.23 trillion (50% Fibonacci retracement level); ETF inflows continue to rebound.
Today's Crypto Gainers and Losers List 🔥
📈Top 3 Gainers :
1. CITY: Price $0.701, up 23% in 24 hours.
2. LUNC: Price $0.00003348, up 19% in 24 hours.
3. DCR: Price $22.18, up 14% in 24 hours.
📉Top 3 stocks with the largest declines :
1. RED: Price $0.2713, down 13% in 24 hours.
2. CHESS: Price $0.02823, down 10% in 24 hours.
3. FIS: Price $0.0409, down 9% in 24 hours.
✨Performance of other major cryptocurrencies :
Dogecoin (DOGE): Price $0.14683, down 2.02% in the last 24 hours.
Tron (TRX): Price $0.2859, up 2.29% in the last 24 hours.
Cardano (ADA): Price $0.4395, down 2.14% in the last 24 hours.
Hyperliquid (HYPE): Price $33.569, down 4.13% in the last 24 hours.
Avalanche (AVAX): Price $14.37, down 2.51% in the last 24 hours.
Stellar (XLM): Price $0.2519, down 1.18% in the last 24 hours.
Sui (SUI): Price $1.6369, down 1.56% in the last 24 hours.
Chainlink (LINK): Price $14.24, down 1.59% in the last 24 hours.
Hedera (HBAR): Price $0.13844, down 3.33% in the last 24 hours.
Bitcoin Cash (BCH): Price $574.9, down 2.82% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000860, down 2.60% in the last 24 hours.
Litecoin (LTC): Price $83.71, down 2.50% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000473, down 2.27% in the last 24 hours.
Toncoin (TON): Price $1.588, down 2.46% in the last 24 hours.
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