The global market has shown a recovery momentum after recent declines, although fragility persists.

  • Bitcoin ($BTC ) remains afloat: BTC has managed to regain ground and is trading above 110,000 USD, surpassing the 200-day moving average (EMA200), a positive technical signal. However, pressure persists near the key support of $100,000, so vigilance is high.

  • Ethereum ($ETH ) and Altcoins: ETH continues the rally, showing resilience. Other Altcoins have experienced deeper corrections, such as Solana (SOL), which has broken technical support levels, and Ripple (XRP), which continues to perform poorly in recent weeks.

  • BTC Dominance: Bitcoin's dominance remains high, around 60%, suggesting that a large part of the capital flowing is concentrated in the leading cryptocurrency.

💡 Tip for the Trader: The recovery above BTC's EMA200 is an encouraging sign, but the poor performance of certain Altcoins (like $XRP and Dogecoin) demands caution. Trade with defined Stop Losses.

🏛️ The Regulatory Factor: Historical Convergence

The most important long-term news is the regulatory convergence between the U.S. and Europe, boosting the legitimacy of the sector:

  1. U.S. (GENIUS Act): After being enacted by President Trump in July, the GENIUS Act establishes the first comprehensive federal framework for Stablecoins in the country. It requires 1:1 backing with liquid reserves and audits, reducing the systemic risk of these assets.

  2. European Union (MiCA): The MiCA regulation (Markets in Crypto-Assets) is coming into full effect, centralizing oversight and allowing unified access to the crypto market in the 27 member states.

  3. Convergence: Both laws, GENIUS and MiCA, seek transparency and consumer protection, facilitating traditional financial institutions (like banks and funds) to offer products based on crypto assets, such as ETFs, which is considered a driver of liquidity and adoption.

The market is at a technical turning point, driven by renewed regulatory confidence. Stay calm, review your risk levels, and take advantage of the liquidity that these developments could bring.