🚀 The cryptocurrency market rose by 1.84% in the past 24 hours, reversing a monthly decline of 9.3%. Key factors driving this growth include regulatory optimism, strengthened derivatives trading, and bullish technical momentum.
1. Regulatory support - The U.S. Commodity Futures Trading Commission withdrew its restrictive guidance on cryptocurrencies, indicating the emergence of innovative approaches.
2. Stablecoin adoption - YouTube added PYUSD payment options; Binance expanded its $1 trading pairs.
3. Derivatives trading volume increased - open interest grew by 5.5%, and bullish financing rates increased by 76% within 24 hours.
💥 Liquidation warning:
In the last 24 hours, a total of 101,182 people have been liquidated, totaling $264 million, among which the bulls suffered heavy losses ($108 million), and the bears were also not spared ($156 million).
📊 Mainstream coin performance:
1.Bitcoin (BTC): Price approximately 92675, 24-hour increase 2.91%
Bitcoin is closely watching 91400! As long as the 4-hour line can steadily hold this level, the bullish momentum will not dissipate, and it will continue to charge upwards~ The levels to break through above are 93060, 94550, 96450, step by step upwards!
But if the 4-hour line directly breaks below 91400, then this wave of rising market will come to an abrupt halt, and we must be prepared for a deep pullback, with the initial support at 90500, and further down at 89200 and 87700, defend as needed~
2.Ethereum (ETH): Price approximately 3262, 24-hour increase 2.02%
Ethereum is watching the 3215 level today! As long as the 1-2 hour line does not break this position, the short-term rebound will continue, with the upper resistance levels aiming for 3265, 3320, 3360, slowly moving upwards;
But if the 1-2 hour line loses 3215, then a short-term rebound will hit the brakes directly, with the initial support at 3175, and further down at 3115 and 3068, don’t hold on too hard~
3.BNB: Price approximately 892, 24-hour increase 2.69%
BNB is locked at 881! If the 4-hour line holds this position, the bulls can continue to exert force, with the upper target being 894, 905, 915, breaking through one by one;
But if the 4-hour line breaks below 881, this wave of rising will cool off, the market will need a deep pullback, with the support looking at 872, 860, 845, prepare in advance~
4.SOL: Price approximately 139, 24-hour increase 6.72%
SOL is fixed at 134! If the 4-hour line does not break, the bullish trend is as steady as an old dog, and then continues to charge towards 137, 141, 144;
But once the 4-hour line breaks below 134, the upward trend will end directly, a deep pullback is inevitable, with initial support at 131, and further down at 129 and 126, only holding on counts as safe~
🌡️ Market sentiment:
Today, the total market capitalization of cryptocurrencies is approximately $3.15 trillion ($3.15T), with a total 24-hour trading volume of approximately $125.41 billion ($125.41B).
Current market sentiment is 28 (fear), the market is weak and signals are contradictory, the positive reversal in the MACD histogram (+$27.66 billion) indicates that bulls may dominate in the short term, but to confirm this trend, we need to closely monitor the Fibonacci resistance level of $3.24 trillion (23.6% retracement level). If this resistance level fails to break, it could lead to a continuation of the market value's decline of 9.21% this month.
Today's cryptocurrency rise and fall ranking 🔥
📈 Top 3 increases:
1.FIS: Price $0.0323, 24-hour increase 25%
2.USUAL: Price $0.0300, 24-hour increase 25%
3.SOMI: Price $0.2629, 24-hour increase 18%
📉 Top 3 decreases:
1.LUNA: Price $0.1624, 24-hour decrease 26%
2.LUNC: Price $0.0000466, 24-hour decrease 25%
3.USTC: Price $0.00820, 24-hour decrease 23%
✨ Other mainstream coins performance:
Dogecoin (DOGE): Price $0.14113, 24-hour increase 2.21%
Tron (TRX): Price $0.2795, 24-hour increase 0.11%
Cardano (ADA): Price $0.4276, 24-hour decrease 0.54%
Hyperliquid (HYPE): Price $29.681, 24-hour increase 6.06%
Avalanche (AVAX): Price $13.77, 24-hour increase 2.91%
Stellar (XLM): Price $0.2451, 24-hour increase 1.66%
Sui (SUI): Price $1.6584, 24-hour increase 7.11%
Chainlink (LINK): Price $14.14, 24-hour increase 4.05%
Hedera (HBAR): Price $0.13048, 24-hour increase 0.31%
Bitcoin Cash (BCH): Price $580.1, 24-hour increase 3.50%
Shiba Inu (SHIB): Price $0.00000846, 24-hour increase 2.05%
Litecoin (LTC): Price $83.45, 24-hour increase 2.94%
Pepe hiba Inu (PEPE): Price $0.00000459, 24-hour increase 2.91%
Toncoin (TON): Price $1.641, 24-hour increase 2.43%
