🚀📈 Why Is the Crypto Market Up Today?
💰 Crypto market cap surged by $33B in 24h, hitting $3.71T. Altcoins are now testing resistance at $3.73T. A key driver: progress on crypto-related bills in the US Senate, which could unlock the next leg up toward $3.80T.
⚠️ But if momentum fades, TOTAL could drop back to $3.61T, erasing recent gains and triggering a short-term correction.
🟡 $BTC is consolidating near $117,872 after failing to flip $120K. RSI shows cooling and a return to bullish territory, hinting at another breakout attempt. If BTC clears $120K, next stop could be $122K+.
🧨 However, a dip below $115K would invalidate the bullish setup and risk deeper downside.
🐶 $FLOKI hit a 5-month high at $0.000125 after a 24% rally. The memecoin is now eyeing a breakout above $0.000132, with potential upside to $0.000148. The broader memecoin rally is fueling the move.
🔻 Still, a drop below $0.000114 would break the bullish structure, possibly triggering a correction and weakening sentiment.