🚀The cryptocurrency market rose 0.99% in the past 24 hours, reflecting a cautiously optimistic attitude amid a mix of signals. While this gain is in line with the week's 1.04% increase, it contrasts sharply with the month's 3.19% decline. The main reasons for this price fluctuation are:
1. Latest ETF news – Grayscale’s Bittensor ETF application has sparked speculation in Altcoin.
2. Derivatives volatility – Perpetual contract trading volume increased by 60%, indicating increased leveraged trading.
3. Regulatory changes – US strategic Bitcoin reserve negotiations boosted institutional confidence.
💥Margin call alert:
In the past 24 hours, a total of 62,483 people across the internet have been liquidated, with a total of $133 million. Among them, long positions suffered a bloodbath ($58.429 million), and short positions were not spared either ($74.5473 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price around $88,550, up 1.27% in the last 24 hours.
Bitcoin retreated yesterday after hitting the 89,000-89,450 resistance zone we mentioned. If it can pull back to this level, the next key resistance level to watch is 90,800-91,100.
The first short-term support level to watch is 87600; it's best if it doesn't break. If it does break down, then pay attention to levels like 86400 and 85500-85700, where you can prepare to buy.
2. Ethereum (ETH): Price around 2973, up 0.82% in the last 24 hours.
Ethereum also encountered resistance and fell back in the 3003-3010 range yesterday. If it returns to this level again, we should look towards the 3150 area.
Today's short-term support level is 2895. If it falls further, 2845-2830 remains an important support area.
3. BNB: Price around 865, up 1.41% in the last 24 hours.
Today, the key level to watch for BNB is 856. As long as it doesn't break through this level after a pullback, there's still a chance for the price to continue moving upwards. The initial resistance levels are around 864, 872, and 878.
However, if it falls below 856, the minor rebound may be over, and the next support levels to watch are 847, 838, and 828.
4. SOL: Price approximately 125, up 1.41% in 24 hours.
For SOL, we need to watch its performance around the Fibonacci retracement level. Short-term support is at 123.8. If it continues to fall to around 118-117, we can consider spot trading or long.
The initial short-term resistance level is 127.1. If it can hold above and break through the Fibonacci retracement level, the next targets are 131 and 135.
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.06 trillion, and the total trading volume in the past 24 hours is approximately $95 billion.
Current market sentiment is at 20 (Extreme Fear), indicating continued fragility. Technical recovery signals are hampered by ETF outflows (BTC/ETH net outflows of $656 million/$422 million over 30 days) and social media speculation. Bitcoin's 59.06% market capitalization share reflects a risk-averse tendency. Institutions need to closely monitor fund flows; a break above the $3.02 trillion 30-day moving average could signal a shift in momentum.
Today's Crypto Gainers and Losers List 🔥
📈 Top 3 Gainers:
1. AT: Price $0.1950, up 23% in 24 hours.
2. CYBER: Price $0.834, up 21% in 24 hours.
3. WCT: Price $0.0865, up 20% in 24 hours.
📉 Top 3 decliners:
1. TST: Price $0.01655, down 16% in 24 hours.
2. ENSO: Price $0.664, down 15% in 24 hours.
3. STRAX: Price $0.02070, down 12% in the last 24 hours.
✨ Performance of other major cryptocurrencies:
Dogecoin (DOGE): Price $0.12324, down 0.18% in the last hour.
Tron (TRX): Price $0.2847, down 0.07% in the last 24 hours.
Cardano (ADA): Price $0.3509, down 0.23% in the last 24 hours.
Hyperliquid (HYPE): Price $25.812, down 1.25% in the last 24 hours.
Avalanche (AVAX): Price $12.53, up 0.80% in the last 24 hours.
Stellar (XLM): Price $0.2080, down 3.08% in the last 24 hours.
Sui (SUI): Price $1.4431, up 1.12% in 24 hours.
Chainlink (LINK): Price $12.39, up 0.24% in the last 24 hours.
Hedera (HBAR): Price $0.11157, down 0.69% in the last 24 hours.
Bitcoin Cash (BCH): Price $600.4, up 0.54% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000710, down 1.11% in the last 24 hours.
Litecoin (LTC): Price $78.25, up 0.04% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000412, up 0.98% in the last 24 hours.
Toncoin (TON): Price $1.627, up 2.46% in the last 24 hours.
