🚀The cryptocurrency market fell 1.25% in the past 24 hours. This decline is consistent with the overall risk-averse trend and year-end liquidity constraints.
1. Mining farm shutdowns – Approximately 400,000 Bitcoin mining machines went offline, resulting in over $87 million in Bitcoin liquidation and sell-off pressure.
2. Derivatives volatility – Futures trading volume increased by 121%, further solidifying the downward trend.
3. Fear-driven rotation – Bitcoin's market share rises to 58.98%; investors sell off other cryptocurrencies.
💥Margin call alert:
In the past 24 hours, a total of 85,980 people across the internet have been liquidated, with a total of $263 million. Among them, long positions suffered a bloodbath ($185 million), and short positions were not spared either ($77.792 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price approximately 87,313, down 1.82% in the last 24 hours.
Bitcoin is watching the 88,800 level closely today! Only a firm hold above this number will signal the end of this 4-hour correction and allow the price to continue its upward momentum. Resistance levels to watch are 89,600, 90,585 , and 91,355; a gradual breakout is necessary.
If the market fails to close above 88,800 today, then this small rebound will be nothing more than a "show," and it will most likely test the support levels next. Pay close attention to the three lines of defense: 87,720, 86,650, and 85,220!
2. Ethereum (ETH): Price around 2957, down 2.33% in the last 24 hours.
Ethereum's key level today is 3010 ! Holding above this level would signal the end of the current correction and provide the foundation for further upward movement. Resistance levels to watch are 3043, 3078 , and 3115; conquering each level is crucial for sustained gains!
If the closing price doesn't reach 3010, it indicates a weak rebound. Support levels below are 2970, 2943, and 2906.
3. BNB: Price around 848, down 1.27% in the last 24 hours.
The key level for BNB today is 861 ! If it can break through this level, the correction will be over, and we can confidently expect further gains. The resistance levels above are 871, 878, and 892 , with each level presenting a progressively stronger challenge. A breakout should be approached with caution!
If the closing price fails to hold above 861, this rebound will be a mere "false alarm." Keep a close eye on the support levels at 852, 844 , and 833; only if these levels hold can the market be considered stable!
4. SOL: Price around 124, down 1.30% in 24 hours.
SOL is watching the key level of 126 closely today! If it holds, the correction will be over, and the market will enter an upward trend. The resistance levels to watch are 128, 131 , and 134. Successfully breaking through these levels will lead to profits!
If the closing price doesn't reach 126, the rebound is just a "paper tiger." Next, watch the support levels at 123, 120, and 117 for a safety net. Don't let the price break through these levels!
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.07 trillion, and the total trading volume in the past 24 hours is approximately $110 billion.
Current market sentiment is at 25 (fear). Low liquidity coupled with macroeconomic instability has driven gold prices to record highs, and expectations for a Fed rate cut have been pushed back to 2026. Investors are increasingly holding onto Bitcoin. While derivatives trading volume is rising, the Fear & Greed Index remains stagnant, suggesting increased market volatility.
Today's Crypto Gainers and Losers List 🔥
📈Top 3 Gainers :
1. LUMIA: Price $0.132, up 36% in 24 hours.
2. PORTAL: Price $0.0247, up 17% in 24 hours.
3. TST: Price $0.01800, up 10% in 24 hours.
📉Top 3 stocks with the largest declines :
1. ASR: Price $1.628, down 16% in 24 hours.
2.ME: Price $0.1972, down 12% in the last 24 hours.
3.AT: Price $0.0893, down 11% in 24 hours.
✨Performance of other major cryptocurrencies :
Dogecoin (DOGE): Price $0.13056, down 1.02% in the last 24 hours.
Tron (TRX): Price $0.2838, down 1.25% in the last 24 hours.
Cardano (ADA): Price $0.3647, down 0.60% in the last 24 hours.
Hyperliquid (HYPE): Price $24.403, up $3.54, down 2.23% in the last 24 hours.
Avalanche (AVAX): Price $12.18, up 0.08% in the last 24 hours.
Stellar (XLM): Price $0.2170, down 0.32% in the last 24 hours.
Sui (SUI): Price $1.4379, down 0.83% in the last 24 hours.
Chainlink (LINK): Price $12.31, down 1.91% in the last 24 hours.
Hedera (HBAR): Price $0.11132, down 1.04% in the last 24 hours.
Bitcoin Cash (BCH): Price $580.8, up 0.33% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000715, down 1.52% in the last 24 hours.
Litecoin (LTC): Price $76.77, down 1.07% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000395, down 1.74% in the last 24 hours.
Toncoin (TON): Price $1.451, down 0.34% in the last 24 hours.
