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🚀The cryptocurrency market rose 2.23% in the past 24 hours, reversing a 2.02% drop over the past 30 days. Increased derivatives trading volume and Bitcoin's continued dominance supported this rally. Key factors:
1. The strength of the Binance ecosystem – Binance controls 41.1% of global trading volume and has established partnerships with institutions, which boosts market confidence.
2. Technological Breakthrough – The market capitalization has broken through the important resistance level of $3.03 trillion, and both the MACD and RSI indicators are giving positive signals.
3. Geopolitical developments – Progress in peace negotiations in Ukraine has reduced risk aversion.
💥Margin call alert:
In the past 24 hours, a total of 69,981 people across the internet have been liquidated, with a total of $170 million. Among them, long positions suffered a bloodbath ($38.391 million), and short positions were not spared either ($132 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price approximately 89,702, up 2.25% in the last 24 hours.
Bitcoin's key focus today is the 89,000 level – a crucial support/resistance level! As long as it doesn't break below this level after a pullback, the bulls will remain strong and continue their upward momentum without hesitation! The resistance levels above are 90,600, 91,500, and 92,500; just keep pushing past each one!
However, if the price falls below 89,000 on the 1-hour chart, the bullish momentum will weaken, and the support levels to watch are 87,510, 86,640, and 85,270!
2. Ethereum (ETH): Price around 3032, up 3.07% in the last 24 hours.
Ethereum is currently locked at the $3000 mark! Holding this level indicates continued bullish momentum, with further upward pushes expected! Resistance levels are at 3078, 3115, and 3145. Don't panic when these levels are encountered; observe the trading volume!
If the price falls below 3000 within one hour, the bullish trend will weaken, and the support levels to watch are 2965, 2937, and 2911!
3. BNB: Price around 862, up 2.19% in the last 24 hours.
BNB is watching the key level of 865 closely today! If it retraces but doesn't break through, the bulls will continue their upward momentum; don't disrupt the upward rhythm! Resistance levels are at 876, 890, and 904; we'll test these levels step by step!
If the price falls below 865 within one hour, it's a warning sign that the bulls are about to collapse. The next support levels to watch are 857, 847, and 838!
4. SOL: Price approximately 127, up 2.72% in 24 hours.
Today, pay close attention to the 126 level as a key support level! Holding above this level indicates continued bullish momentum and a potential for further gains! Resistance levels are around 131, 134, and 137.
If the price falls below 126 within one hour, the bullish trend will be over, and the next support levels are 123, 120, and 117!
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.01 trillion, and the total trading volume in the past 24 hours is approximately $61 billion.
The current market sentiment is 25 (fear), which, although in the panic zone, shows signs of stabilization. Bitcoin's dominance and the low volatility of Altcoin provide safe-haven support. Perpetual contracts increased by 8.5%, and the bullish MACD suggests upward momentum. Two key factors are crucial: if the Bitcoin dominance rate stabilizes above 59%, the weakness in Altcoin will continue; a reversal of negative funding rates may indicate a short-term peak.
Today's Crypto Gainers and Losers List 🔥
📈 Top 3 Gainers:
1. ZBT: Price $0.1891, up 77% in 24 hours.
2. ZKC: Price $0.1375, up 20% in 24 hours.
3. ENSO: Price $0.772, up 13% in 24 hours.
📉 Top 3 decliners:
1. STO: Price $0.0807, down 14% in 24 hours.
2. FLOW: Price $0.100, down 14% in 24 hours.
3. STORJ: Price $0.1398, down 12% in 24 hours.
✨ Performance of other major cryptocurrencies:
Dogecoin (DOGE): Price $0.12642, up 1.68% in the last 24 hours.
Tron (TRX): Price $0.2847, up 0.35% in the last 24 hours.
Cardano (ADA): Price $0.3750, up 0.02% in the last 24 hours.
Hyperliquid (HYPE): Price $25.874, up 0.26% in the last 24 hours.
Avalanche (AVAX): Price $12.97, up 1.09% in the last 24 hours.
Stellar (XLM): Price $0.2250, up 0.67% in the last 24 hours.
Sui (SUI): Price $1.4919, up 2.63% in the last 24 hours.
Chainlink (LINK): Price $12.79, up 2.65% in the last 24 hours.
Hedera (HBAR): Price $0.11669, up 0.40% in the last 24 hours.
Bitcoin Cash (BCH): Price $618.7, down 0.64% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000745, up 0.95% in the last 24 hours.
Litecoin (LTC): Price $78.92, down 0.87% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000421, up 0.96% in the last 24 hours.
Toncoin (TON): Price $1.655, up 0.85% in the last 24 hours.
