🚀 In the past 24 hours, the cryptocurrency market has risen by 1.01%, but the overall trend shows mixed signals. Key factors:
1. Recovery of spot trading - spot trading volume increased by 12.1%, contrary to the trend of derivatives trading volume.
2. Institutional investors' accumulation of funds - the movements of whales and the inflow of ETF funds indicate strategic positioning.
3. Transitioning from fear to caution - market sentiment has slightly improved (Fear Index: 21 → 27).
💥 Liquidation alert:
In the past 24 hours, a total of 84,575 people have been liquidated across the network, amounting to $193 million, with longs suffering significant losses ($73.1927 million), and shorts not escaping unscathed ($120 million).
📊 Mainstream coin performance:
1. Bitcoin (BTC): Price approximately 88236, 24-hour change +0.51%
Today, the critical point for Bitcoin is focused on the 87580 level. As long as it rebounds and holds this position, the small-scale bullish trend remains strong, with the potential to continue its upward movement. The upper pressure is focused around 88670, 89450, and 90370.
If it breaks below 87580, the market will weaken (small-scale correction begins), with subsequent supports at 86650, 85220, and around 83830.
2. Ethereum (ETH): Price approximately 2983, 24-hour change +1.13%
Ethereum's daily resistance is in the 3030-3050 range. If it rebounds to this level, a short position can be attempted, and the current price suggests waiting. The defense is set at 3100, and additional positions can be added, with the lower target first looking at 2930-2900.
If it breaks below this support range, the small-scale rebound may end, with subsequent supports at 2775, 2700, and 2600.
3. BNB: Price approximately 854, 24-hour change +1.23%
BNB's daily resistance today is in the 870-880 range. If it rebounds to this level, a small short position can be attempted, and the current price suggests waiting. The defense is set at 900, and additional positions can be added, with the first lower target at 845.
If it breaks below this range, the small-scale rebound may terminate, with further support at 820, 800, and 790.
4. SOL: Price approximately 126, 24-hour change +1.72%
SOL's daily resistance is located in the 129-133 range. If it rebounds to this level, a short position can be considered, and it is not advisable to operate currently. The defense is set at 135, and additional positions can be added, with the lower target first looking at 123.
If it breaks below, the small-scale rebound may come to an end, and attention should be paid to supports at 119-116 and 110.
🌡️ Market sentiment:
Today, the total cryptocurrency market capitalization is approximately $3.05 trillion, with a total trading volume of about $170 billion over 24 hours.
Current market sentiment is 17 (extreme fear), and the market is still leaning towards fear, with no clear direction. Although cryptocurrency prices have risen, it aligns with the improvement in the fear and greed index, and trading volume has dropped by 19%. BTC ETF holdings decreased by 4.6% over the week, and institutional funds have not flowed in significantly, failing to support this rise.
Today's cryptocurrency rise and fall ranking 🔥
📈 Top 3 gains:
1. SOPH: Price $0.01756, 24-hour change +45%
2. ANIME: Price $0.00698, 24-hour change +30%
3. SSV: Price $3.889, 24-hour change +23%
📉 Top 3 declines:
1. PROM: Price $7.516, 24-hour change -10%
2. HOME: Price $0.01876, 24-hour change -9%
3. TURBO: Price $0.001791, 24-hour change -7%
✨ Other mainstream coin performances:
Dogecoin (DOGE): Price $0.13153, 24-hour change +2.89%
Tron (TRX): Price $0.2791, 24-hour change -0.25%
Cardano (ADA): Price $0.3741, 24-hour change +2.21%
Hyperliquid (HYPE): Price $24.757, 24-hour change +3.54%
Avalanche (AVAX): Price $12.33, 24-hour change +3.53%
Stellar (XLM): Price $0.2206, 24-hour change +2.41%
Sui (SUI): Price $1.4699, 24-hour change +2.85%
Chainlink (LINK): Price $12.60, 24-hour change +1.78%
Hedera (HBAR): Price $0.11134, 24-hour change +2.40%
Bitcoin Cash (BCH): Price $597.1, 24-hour change +1.55%
Shiba Inu (SHIB): Price $0.00000746, 24-hour change +1.36%
Litecoin (LTC): Price $77.01, 24-hour change +1.60%
Pepe Hiba Inu (PEPE): Price $0.00000408, 24-hour change +5.43%
Toncoin (TON): Price $1.484, 24-hour change +1.99%
