🚀The cryptocurrency market fell 1.8% in the past 24 hours due to profit-taking and regulatory uncertainty. The 7-day trend remains upward, with a cumulative increase of 5.3%, and the 30-day gain is 1.69%. Key factors:
1. Institutional Changes: MSCI's rule changes restrict companies from raising funds to purchase Bitcoin.
2. Profit-taking: Overbought conditions triggered a pullback in assets such as XRP.
3. The derivatives market is cooling down: open interest decreased by 19%, and leveraged buying decreased.
💥Margin call alert:
In the past 24 hours, a total of 127,278 people across the internet have been liquidated, with a total of $460 million. Among them, long positions suffered a bloodbath ($416 million), and short positions were not spared either ($43.9755 million).
📊 Performance of major cryptocurrencies:
1. Bitcoin (BTC): Price approximately 90,679, down 2.34% in the last 24 hours.
Bitcoin is focused on the 91670 level! Only if it firmly holds above this level on the 1-2 hour chart can a smaller-scale rebound be considered a true start. Resistance levels are at 93000, 94750, and 96450; avoid blindly rushing in when these levels are encountered!
If the price fails to hold above 91670 today, this small rebound will be nothing more than a facade, lacking real strength. Don't panic if it falls; support levels are at 90540, 89350, and 88100. Just hold them as needed!
2. Ethereum (ETH): Price around 3134, down 3.73% in the last 24 hours.
Ethereum's key level today is 3180! Only if it can hold above this level on the 1-2 hour chart can we consider it a minor rebound. The resistance levels above are 3225, 3265, and 3307. We'll see if it breaks through these levels one by one.
If it can't hold above 3180, this rebound will just be a false breakout. Keep the support levels at 3123, 3080, and 3045 in mind, and you won't panic!
3. BNB: Price around 887, down 3.37% in the last 24 hours.
BNB is keeping a close eye on the 902 level today! If it can hold above this level on the 1-2 hour chart, a small-scale rebound is possible. The resistance levels above are 913, 925, and 939. Don't rush to chase the highs.
If the price fails to hold above 902 today, the rebound will be nothing but a "paper tiger." Support levels below are 891, 881, and 868; just wait patiently!
4. SOL: Price around 135, down 2.43% in 24 hours.
SOL is targeting the 138 level today! If it breaks through this level on the 1-2 hour chart, a small rebound is likely to occur. The resistance levels above are 143, 148, and 152. Let's observe the rhythm.
If it can't hold above 138, this rebound will be short-lived. Support levels are at 133, 129, and 127; hold these levels firmly to prevent a collapse!
🌡️Market Sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.1 trillion, and the total 24-hour trading volume is approximately $130 billion.
Current market sentiment is 29 (fear), which is neutral. On the macro level, large inflows of funds such as ETFs are increasing, while technical resistance and the prevailing fear and uncertainty (FUD) on social media are offsetting each other. The Fear & Greed Index should be closely monitored in the next 48 hours: a sustained level above 50 indicates a bullish trend, while a drop below 40 could trigger a new round of panic selling.
Today's Crypto Gainers and Losers List 🔥
📈 Top 3 Gainers:
1. FXS: Price $1.085, up 73% in 24 hours.
2. ZKP: Price $0.1692, up 64% in 24 hours.
3. GUN: Price $0.02105, up 27% in 24 hours.
📉 Top 3 decliners:
1. BREV: Price $0.3868, down 24% in 24 hours
2. BROCCOLI714: Price $0.02904, down 23% in 24 hours.
3. Giggle: Price $61.08, down 15% in 24 hours.
✨ Performance of other major cryptocurrencies:
Dogecoin (DOGE): Price $0.14446, down 4.31% in the last hour.
Tron (TRX): Price $0.2953, up 0.14% in the last 24 hours.
Cardano (ADA): Price $0.3957, down 5.65% in the last 24 hours.
Hyperliquid (HYPE): Price $26.526, down 3.48% in the last 24 hours.
Avalanche (AVAX): Price $13.92, down 4.13% in the last 24 hours.
Stellar (XLM): Price $0.2300, down 5.27% in the last 24 hours.
Sui (SUI): Price $1.8163, down 7.09% in the last 24 hours.
Chainlink (LINK): Price $13.31, down 4.04% in the last 24 hours.
Hedera (HBAR): Price $0.12208, down 5.25% in the last 24 hours.
Bitcoin Cash (BCH): Price $636.7, up 0.38% in the last 24 hours.
Shiba Inu (SHIB): Price $0.00000880, down 3.93% in the last 24 hours.
Litecoin (LTC): Price $81.23, down 2.73% in the last 24 hours.
Pepe hiba Inu (PEPE): Price $0.00000641, down 7.09% in the last 24 hours.
Toncoin (TON): Price $1.852, down 1.02% in the last 24 hours.
