Ethereum$ETH is trading at $2615, having been unable to build a base above the $2700 mark, close to which the 200-day moving average lies.

Bitcoin

-1.12%

Ethereum

-3.23%

Bitcoin $BTC

and Ethereum: Important Levels in the Spotlight as Market Dynamics Change

Market capitalisation increased 2.7% over the past 24 hours to $3.38 trillion, with the market having hit $3.40 trillion the previous night. These are the highest figures since early February, thanks to rising altcoin buying.

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The sentiment index reached 73, indicating that it is approaching extreme greed territory, but remains far from the overbought zone, giving the bulls reason for further gains.