🚀 In the past 24 hours, the cryptocurrency market has dropped by 0.76%, with the market cap falling to $3.05 trillion, continuing this month's decline of 4.75%. The main reasons for price fluctuations are:
1. Leveraged positions being liquidated - BTC liquidation amount increased by 758% to $59 million, forcing long positions to close.
2. Concerns about Ethereum - Layer 2 solutions charge 92% of fees, while ETH only charges 8%.
3. Risk aversion sentiment heats up - Bitcoin's market share rises to 58.54%, with funds fleeing other cryptocurrencies.
💥 Liquidation alert:
In the last 24 hours, a total of 116,809 people were liquidated across the network, totaling $295 million, with longs suffering heavy losses ($235 million), and shorts also facing difficulties ($59.8297 million).
📊 Major coin performance:
1.Bitcoin (BTC): Price around 89588, down 0.67% in 24 hours
Last night briefly pierced the first support before rebounding, today please focus on 89500. If the 4-hour line cannot close above this price level, it indicates that the current hourly-level rebound is just a "false alarm," and it may dive again, with support areas such as 87700, 86150, and 84000 needing attention below.
Only if it successfully closes above 89500 can this rebound be considered "holding the ticket," and it is expected to open a larger level of increase. If so, please pay attention to the pressure tests near 90430, 91360, and 92500.
2.Ethereum (ETH): Price around 3120, up 0.29% in 24 hours
Last night also saw a rebound after hitting a low, today the key point is 3100. If it can firmly hold this position, the 4-hour level rebound is expected to continue, and resistance areas such as 3148, 3210, and 3265 can be observed above.
Conversely, if it breaks below the 3100 level, it means this wave of rebound may "come to an end," please pay attention to the support areas below, such as 3040, 2980, and 2915.
3.BNB: Price around 888, down 0.66% in 24 hours
Last night after hitting the second support, a rebound began, today 891 becomes a strong observation point. If the 4-hour line cannot recover this position, it indicates insufficient rebound momentum, and the market may fall again to support levels such as 870, 859, and 845.
Only if it stabilizes above 891 can the rebound be considered "gaining stamina," pay attention to the performance of resistance levels such as 905, 915, and 928 above.
4.SOL: Price around 131, down 0.49% in 24 hours
After a rebound following a hit on the second support at night, today 131 becomes a key scale. If the 4-hour close cannot hold this position, it indicates that the rebound strength is limited, and it may dive to support levels such as 127, 125, and 123.
If it can successfully break through 131 and stabilize, the rebound is expected to expand its gains, with resistance areas such as 134, 136, and 139 above.
🌡️ Market sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.14 trillion, with a total trading volume of about $96.7 billion in 24 hours.
Current market sentiment is 17 (extreme fear), focus on whether Bitcoin can stabilize above 89000 (a short-term sentiment indicator), traditional financial crypto ETP holdings have dropped by 7.4% (we need to wait for capital inflow reversal to indicate institutional buying has returned), BTC/ETH market cap ratio is currently 4.75 times (breaking below may signal a shift towards altcoins). Overall, the market is still in a wait-and-see period, we need to wait for clearer signals.
Today's crypto gainers and losers 🔥
📈 Top 3 increases:
1.GUN: Price $0.02169, up 27% in 24 hours
2.FORM: Price $0.3467, up 21% in 24 hours
3.FIS: Price $0.0293, up 13% in 24 hours
📉 Top 3 declines:
1.AXL: Price $0.1310, down 17% in 24 hours
2.NXPC: Price $0.4254, down 14% in 24 hours
3.SANTOS: Price $1.530, down 10% in 24 hours
✨ Other major coin performances:
Dogecoin (DOGE): Price $0.13673, down 0.92% in 24 hours
Tron (TRX): Price $0.2810, up 2.52% in 24 hours
Cardano (ADA): Price $0.4038, down 0.93% in 24 hours
Hyperliquid (HYPE): Price $29.038, down 0.55% in 24 hours
Avalanche (AVAX): Price $13.21, down 0.23% in 24 hours
Stellar (XLM): Price $0.2325, down 1.69% in 24 hours
Sui (SUI): Price $1.5701, down 1.51% in 24 hours
Chainlink (LINK): Price $13.59, down 0.59% in 24 hours
Hedera (HBAR): Price $0.11981, down 2.73% in 24 hours
Bitcoin Cash (BCH): Price $565.4, down 1.99% in 24 hours
Shiba Inu (SHIB): Price $0.00000820, down 0.97% in 24 hours
Litecoin (LTC): Price $80.93, down 0.16% in 24 hours
Pepe hiba Inu (PEPE): Price $0.00000430, down 0.92% in 24 hours
#加密市场反弹 Toncoin (TON): Price $1.562, down 2.56% in 24 hours
