🚀The cryptocurrency market rose 0.37% in the past 24 hours, rebounding from a 7.17% drop over the past week. While market sentiment remains fragile, some significant developments and institutional moves have boosted cautious optimism.
1. The adoption of stablecoins is rapidly accelerating; Binance's CEO stated that stablecoin trading volume has now surpassed Visa's daily trading volume.
2. The recovery of DeFi (growth of 31.43%) is attributed to Circle's protocol commitments and regulatory progress.
3. The U.S. Securities and Exchange Commission ended its four-year investigation into Aave, easing concerns about DeFi regulation.
💥Margin call alert:
In the past 24 hours, a total of 102,497 people across the internet have been liquidated, with a total of $204 million. Among them, long positions suffered a bloodbath ($100 million), and short positions were not spared either ($104 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price approximately 86,885, up 0.74% in the last 24 hours.
Today, Bitcoin's lifeline is locked at 87,000! A break below this level would signal the end of the 4-hour rebound and the start of a downtrend. Support levels below are 85,240, 83,630, and 82,170, which will be tested in sequence.
If this level can be held, the rebound will continue. Even if the smaller levels hit the brakes, the price can still surge upwards, with the three major high points of 88,000, 89,050, and 90,000 waiting to be conquered!
2. Ethereum (ETH): Price around 2941, up 0.24% in the last 24 hours.
Ethereum is clinging to life at 2935 today! Whether the 1-2 hour rebound can continue depends entirely on this: a break below this level would signal weakness and a breakdown in the market. Support levels are 2906, 2870, and 2820.
If it doesn't break below, the rebound will continue uninterrupted. Even with minor pullbacks, it will still attack upwards. Just keep pushing towards 2977, 3016, and 3062, and 3000+ will be within reach!
3. BNB: Price approximately 861, up 0.08% in the last 24 hours.
BNB's 857 is today's watershed! The key to the 4-hour rebound lies here: a break below this level would directly signal the failure of the rebound, and the market would have to test lower levels. 840, 828, and 815 should be the strong support levels.
If the market can hold steady, the rebound can continue, with a minor pullback followed by another surge. The breakthrough at 876, 892, and 905 is something to look forward to!
4. SOL: Price approximately 127, up 0.95% in 24 hours.
SOL's key level today is 127, which is the switch for a rebound! Whether it can rise on the 4-hour chart depends entirely on this: a break below this level would be disastrous, indicating a weakening market. Support levels are at 124, 121, and 117 in that order.
If it doesn't break below, the rebound trend is still intact. A small pullback will allow it to bounce back up, breaking through 130, 132, and 134 step by step. Hold on tight!
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3 trillion, and the total 24-hour trading volume is approximately $110 billion.
Current market sentiment is 15 (extreme fear), indicating a bearish bias due to heightened risk aversion in the derivatives market and macroeconomic concerns. However, oversold technical indicators and institutional developments suggest the market may be stabilizing. Close attention should be paid to Bitcoin's movement within the 83,000 to 88,000 range; a break above 88,000 could signal a short-term rebound, otherwise there is a risk of retesting the November lows.
Today's Crypto Gainers and Losers List 🔥
📈 Top 3 Gainers:
1.00M: Price $0.0828, up 27% in 24 hours.
2. EPIC: Price $0.606, up 24% in 24 hours.
3. FORM: Price $0.3705, up 15% in 24 hours.
📉 Top 3 decliners:
1. GUN: Price $0.01456, down 24% in 24 hours
2. EDEN: Price $0.0699, down 18% in 24 hours.
3. ACE: Price $0.243, down 11% in 24 hours.
✨ Performance of other major cryptocurrencies:
Dogecoin (DOGE): Price $0.13120, up 1.32% in the last 24 hours.
Tron (TRX): Price $0.2803, up 0.39% in the last 24 hours.
Cardano (ADA): Price $0.3813, down 0.57% in the last 24 hours.
Hyperliquid (HYPE): Price $26.945, up 1.11% in the last 24 hours.
Avalanche (AVAX): Price $12.25, up 0.02% in the last 24 hours.
Stellar (XLM): Price $0.2189, up 0.05% in the last 24 hours.
Sui (SUI): Price $1.4880, up 1.21% in the last 24 hours.
Chainlink (LINK): Price $12.81, up 0.16% in the last 24 hours.
Hedera (HBAR): Price $0.11364, down 0.47% in the last 24 hours.
Bitcoin Cash (BCH): Price $546.3, up 2.73% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000783, down 0.13% in the last 24 hours.
Litecoin (LTC): Price $79.31, up 2.43% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000407, up 1.50% in the last 24 hours.
Toncoin (TON): Price $1.540, up 2.26% in the last 24 hours.
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