📉 Market Overview
- Total Market Cap: $3.25–$3.38 trillion (down 4.33–6.1% in 24 hours) .
- Trading Volume: $168–$354 billion, reflecting heightened activity amid the downturn .
- Market Sentiment: Neutral (score: 54/100), down from 65 yesterday, indicating easing fear but caution .
₿ Bitcoin (BTC) Performance
- Price: $104,100–$104,694 (down 2.7–3.38%) .
- Key Levels:
- Support: $106,250–$104,500 (critical zone to watch) .
- Resistance: $108,300 (immediate hurdle); $110,600–$111,000 (supply zone) .
- Technical Outlook: Potential "double top" pattern suggests short-term correction, with consolidation between $90,000–$110,000 likely before a new all-time high attempt .
⚙️ Altcoin Movements
🔻 Top Losers (24h):
1. Solana (SOL): -8.7% ($145) .
2. Ethereum (ETH): -7.9–9.04% ($2,469–$2,529) .
3. Mog Coin (MOG): -18.98% .
4. Pi Network (PI): -11% ($0.56), driven by Middle East tensions and migration delays in China .
🔺 Top Gainers (24h):
1. Aerodrome Finance (AERO): +12.93% .
2. WhiteBIT Coin (WBT): +3.3% ($33.58) .
3. Kava (KAVA): +3.47% .
💼 Institutional Activity
- BTC ETFs: Net inflows of $86.31M (down 50% from previous day). BlackRock dominated with $288M inflows .
- ETH ETFs: 19 consecutive days of inflows ($112.36M), led by BlackRock ($101.53M) .
- Stablecoins: Market cap hit a record $250.95B, with annual volumes surpassing Visa/Mastercard at $27.6T .
🌍 External Factors
1. Geopolitical Tensions: Israel-Iran clashes triggered risk-off sentiment, accelerating altcoin sell-offs .
2. U.S. Politics: Trade tariff rhetoric from Donald Trump contributed to investor hesitation .
3. Technical Pressure: BTC faces resistance near $111,000, with over $11B in long liquidations risked if it drops to $95,898 .
🔮 Outlook
- Short-term: BTC may retest $100K–$102K support before resuming upward momentum .
- Long-term: Analysts like Mike Novogratz (Galaxy Digital) project BTC could reach $1M as institutional adoption grows .
> 💡 Key Takeaway: Today's dip is a technical correction within a broader bullish trend. Watch BTC's $104K support and ETH ETF inflows for directional cues.
