🚀In the past 24 hours, the cryptocurrency market rose 1.73%, roughly in line with last week's 1.12% gain, but still down 10.64% for the month. Key factors include:
1. FTX creditor payment (positive news) – The confirmation of the third round of payments ($1.9 billion) reduces market uncertainty.
2. Binance's regulatory success (positive) – The full license granted to Abu Dhabi boosted institutional investor confidence.
3. Fed Rate Cut Expectations (Mixed Prospects) – There is a 93% probability of a 25 basis point rate cut, which has had a positive impact on risk assets.
💥Margin call alert:
In the past 24 hours, a total of 129,414 people across the internet have been liquidated, with a total of $444 million. Among them, long positions suffered a bloodbath ($295 million), and short positions were not spared either ($150 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price approximately 91,323, up 2.03% in the last 24 hours.
Today, Bitcoin's key focus is on the 90230 level, its "lifeline"! If it retraces but doesn't break below this level, the bulls can continue their upward momentum, with the next targets being 91660 (the "mini-boss"), 92680, 94150, and 96000.
If the price accidentally falls below 90230, a pullback is expected on the 1-2 hour chart, with support levels at 88900 (minor support), 87700, 86230, and 84000.
2. Ethereum (ETH): Price around 3131, up 2.78% in the last 24 hours.
Ethereum is using 3075 as a "safety net" today! If it holds, the bulls can push higher, targeting 3150, 3193, and 3240.
If the 3075 level is breached, a short-term "turnaround" is necessary, with support levels at 3040 (minor buffer), 2980, 2915, and 2867 in that order.
3. BNB: Price around 902, up 0.90% in the last 24 hours.
Today, BNB is targeting 895 as a "key springboard"! Holding this level will allow them to launch attacks on 910 (a minor step), 926, 939, and 950.
If it falls below 895, look for support levels at 882 (minor support), 870, 857, and 844 in turn.
4. SOL: Price approximately 135, up 1.78% in 24 hours.
Today, SOL is closely watching the 133 "defense line"! As long as it doesn't break below, it will continue to rise, with 136, 140, and 144 being key levels to watch.
If the 133 level is breached, a short-term pullback is expected, with 130, 128, and 126 levels likely to follow.
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.1 trillion, and the total trading volume in the past 24 hours is approximately $115 billion.
The current market sentiment is 19 (extreme fear). While market sentiment remains cautious, it has shown signs of stabilization. Rising derivatives trading volume and an improved fear and greed index suggest that institutions may be positioning themselves for a potential rebound, while retail investors remain cautious. Close attention should be paid to Bitcoin ETF inflows to confirm whether risk appetite is recovering; if the Bitcoin ETF continues to break through the 30-day moving average, it may indicate a shift in market sentiment.
Today's Crypto Gainers and Losers List 🔥
📈Top 3 Gainers :
1. GLMR: Price $0.0383, up 41% in 24 hours
2. VOXEL: Price $0.0288, up 24% in 24 hours.
3. BAR: Price $0.647, up 13% in 24 hours.
📉Top 3 stocks with the largest declines :
1. Win: Price $0.0000433, down 23% in 24 hours.
2. USTC: Price $0.00882, down 17% in 24 hours.
3. LUNA: Price $0.1050, down 16% in 24 hours.
✨Performance of other major cryptocurrencies :
Dogecoin (DOGE): Price $0.14141, up 0.93% in the last 24 hours.
Tron (TRX): Price $0.2865, up 0.10% in the last 24 hours.
Cardano (ADA): Price $0.4258, up 2.38% in the last 24 hours.
Hyperliquid (HYPE): Price $30.333, down 1.66% in the last 24 hours.
Avalanche (AVAX): Price $13.70, up 1.78% in the last 24 hours.
Stellar (XLM): Price $0.2420, up 0.37% in the last 24 hours.
Sui (SUI): Price $1.6218, up 2.53% in the last 24 hours.
Chainlink (LINK): Price $14.03, up 0.65% in the last 24 hours.
Hedera (HBAR): Price $0.13496, up 0.14% in the last 24 hours.
Bitcoin Cash (BCH): Price $602.2, up 1.88% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000846, down 0.24% in the last 24 hours.
Litecoin (LTC): Price $83.53, up 1.80% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000462, up 1.98% in the last 24 hours.
Toncoin (TON): Price $1.627, up 1.62% in the last 24 hours.
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