• The global market value of cryptocurrencies reached today about $4.03 trillion, down approximately -1.08% over the past 24 hours.


    Bitcoin (BTC) moved between $115,442 and $116,122 over the past day, currently trading at $115,466 with a slight decrease of about -0.25%.


    Most major cryptocurrencies are moving variably, while some altcoins have dominated the scene such as AVNT (↑75%), THE (↑62%), and DEXE (↑35%) during the same period.



🔸 Market analysis and insights



  1. Market capitalization trend

    The slight decline in total market capitalization indicates a state of caution after a previous series of rises. These cautious movements are usually followed by a new explosion, either upwards or a deeper correction.


    Bitcoin in the spotlight

    Trading Bitcoin at levels exceeding 115,000 dollars confirms continued strong demand. A clear breakout above the 120-125 thousand dollar level may support a new upward momentum, while breaking support below 114,000 dollars may open the door for further correction.


    Performance of alternative coins (Altcoins)

    The significant jumps recorded by AVNT, THE, and DEXE reflect investors' appetite for risk, but it is important to be cautious as these increases are often followed by sharp volatility or rapid corrections.


    Current risks



    • Continued volatility with market sensitivity to any negative news or regulatory decisions.


      Possibility of profit-taking in some coins that have achieved strong increases.


      Impact of macroeconomic factors such as global interest rates or developments in monetary policy.


    Available opportunities



    • Monitoring strong support levels for Bitcoin may provide strategic entry opportunities.


      Following superior cryptocurrency projects that achieve strong momentum, while studying their fundamentals before investing.


      Focusing on market indicators such as trading volume and liquidity levels may help in predicting the next movement.



💡 Tips for investors on Binance



  • Make sure to diversify your portfolio and not concentrate capital in one asset.


    Conduct thorough research on projects before purchasing any alternative coin.


    Continuously follow news and regulations that may affect the market.


    Avoid entering at price peaks, and try to take advantage of correction areas or support levels for better entry.

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