🚀In the past 24 hours, the cryptocurrency market rose slightly by 0.6%, with the market mainly showing a moderate upward trend. This was due to "risk appetite" brought about by easing geopolitical risks and a recovery in sentiment. However, the cryptocurrency market is highly volatile, so please pay attention to risk management.
1. Main reason: Trump suspended the "Project Freedom" initiative. The market felt that an agreement was imminent, and oil prices immediately turned downward. With lower oil prices, inflationary pressure eased, and money began to flow back from "fear of rising oil prices" to the crypto.
2. Secondary reason: Following the trend of traditional markets, there was a general rise across the board, indicating a return of risk appetite in the market. Bitcoin also broke through $81,000, reaching a high of around $81,500, a 24-hour increase of approximately 2%.
3. Short-term market outlook: Overall, this rally is more of a short-term correction driven by macro sentiment and doesn't represent any major positive factor. The crypto market remains closely tied to stocks, the technology sector, and global risk sentiment; caution is advised when trading.
💥Margin call alert:
In the past 24 hours, a total of 136,433 people across the internet have had their positions liquidated, with a total liquidation amount of $512 million. Long positions were liquidated for $227 million and short positions for $284 million.
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price around 80,950, down 0.42% in the last 24 hours.
Bitcoin is expected to reach 81600 today. If it can hold above this level, the pullback will end. Short positions can be initiated at: 82850, 84610, and 86500.
If the rebound fails to hold above 81600, it indicates weak momentum. Then we need to see if the previous low of 80630 can hold. If it doesn't break, there will be another rebound; if it does break, look for long positions at the following levels: 79450, 78130, and 76500.
2. Ethereum (ETH): Price around 2325, down 1.60% in the last 24 hours.
Ethereum is currently targeting 2355. If it holds above this level, the pullback is over. Consider shorting at 2390, 2420, and 2460.
If it fails to reach 2355, it indicates a weak rebound. A pullback to 2310 is expected; if it holds, a rebound is likely. If it breaks, the following support levels for long positions are: 2280, 2250, and 2220.
3. BNB: Price around 645, up 1.73% in the last 24 hours.
BNB closed at 651 today, indicating the pullback is over. Short positions are expected at 664, 676, and 687. If it fails to break above 651, the rebound is weak, and a pullback to 641 is possible. If it holds, a rebound is expected; if it breaks, long positions are expected at 627, 613, and 601.
4. SOL: Price approximately 88, up 1.34% in 24 hours.
SOL is currently targeting 87.8. If it holds above this level, it will continue to rise. Short positions can be initiated at: 90, 93, and 95. If it breaks below 87.7, a 4-hour chart pullback is expected, with long positions possible at: 85, 83, and 81.
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $2.77 trillion, and the total trading volume in the past 24 hours is approximately $152 billion.
Current market sentiment is at 50 (neutral), leaning towards neutral-to-optimistic. Improved volatility and solid fundamentals are positive factors, but divergent risk appetite and differing opinions on social media warrant caution. The market is currently in a consolidation phase within an uptrend, with Bitcoin leading the gains. The key level to watch is the 200-day moving average at $83,300: a break above this level could escalate optimism and drive a broad rally in Altcoin.
Today's Crypto Gainers and Losers List 🔥
📈 Top 3 Gainers:
1.D: Price
0.0000916, up 48% in 24 hours
3. TON: Price $2.712, up 28% in 24 hours
📉 Top 3 decliners:
1. LUNC: Price
0.1138, down 18% in 24 hours
3. USTC: Price $0.00695, down 15% in 24 hours.
✨ Performance of other major cryptocurrencies:
Dogecoin (DOGE): Price $0.11055, down 4.28% in the last hour.
Tron (TRX): Price $0.3444, up 0.12% in the last 24 hours.
Cardano (ADA): Price $0.2647, up 0.46% in the last 24 hours.
Hyperliquid (HYPE): Price $42.871, down 2.97% in the last 24 hours.
Avalanche (AVAX): Price $9.54, up 0.21% in the last 24 hours.
Stellar (XLM): Price $0.1604, down 0.56% in the last 24 hours.
Sui (SUI): Price $0.9793, down 0.76% in the last 24 hours.
Chainlink (LINK): Price $9.94, up 1.12% in the last 24 hours.
Hedera (HBAR): Price $0.09037, down 0.76% in the last 24 hours.
Bitcoin Cash (BCH): Price $459.9, down 3.30% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000630, down 1.87% in the last 24 hours.
Litecoin (LTC): Price $56.54, down 0.42% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.000004414, down 2.12% in the last 24 hours.
Toncoin (TON): Price $2.755, up 30.65% in 24 hours.
