#MarketPullback

The crypto market is experiencing a minor pullback today, with the global market capitalization decreasing by 2.3% over the past day to $3.55 trillion. Bitcoin (BTC) dropped by 0.6% to $109,181, after hitting an all-time high of $111,814 on May 22. Other major cryptocurrencies, such as Ethereum (ETH), are mostly unchanged, trading at $2,585, while XRP recorded a 2.2% loss to $2.3.

*Market Trends:*

- *Top Gainers:*

- Quant (QNT) surged 10.2% to $106.1

- Tron (TRX) rose 1.5% to $0.276

- Binance Coin (BNB) increased 0.8% to $679

- *Top Losers:*

- Monero (XMR) plummeted 6% to $392

- XRP dropped 2.2% to $2.3

*Analyst Insights:*

Some analysts warn of potential regulatory measures in major markets, which may be contributing to the current dip. Others expect a short-term pullback following a period of rapid gains. According to Nick Forster, Founder of Derive.xyz, there's a 10% chance of BTC surpassing $130,000 by the end of June, and a 15% chance of ETH exceeding $3,100 ¹.

*Key Resistance and Support Levels:*

For Bitcoin, key resistance levels stand at $109,653, $111,935, and $113,300, while support levels are $108,731 and $107,078. If BTC fails to hold the latter level, it may fall to $105,905 ¹.