January 21, 2025
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MARKET ANALYSIS:
Market Cap: $3.51 Trillion
24h Volume: $273.71 Billion
BTC Dominance: 57.7%
ETH Dominance: 11.1%
🔸 BK® Health Standard: 5.3 (1 to 10)
🔸 BK® Sentiment: 51% (-100% to 100%)
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BINANCE ANALYSIS (USDT pairs):
Top Gainers
$RAY : +10%
STPT: +7%
PAXG: +1%
Top Losers
$TRUMP : -32%
BONK: -17%
HFT: -16%
BINANCE FUTURES:
Top Gainers
SWARMSUSDT: +37%
RAYSOLUSDT: +9%
Top Losers
MELANIAUSDT: -56%
TRUMPUSDT: -31%
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LARGEST VOLUME (24h)
USDT ($219.04B)
BTC ($107.03B)
The largest 24-hour volume continues to be dominated by USDT and BTC, showcasing their integral role in market liquidity. USDT's stablecoin utility remains unmatched, while BTC's $107.03 billion volume underscores its prominence as both a trading and store-of-value asset.
DAILY OUTLOOK:
Bitcoin recently experienced a sharp correction after testing liquidity above its all-time high, marking a new psychological milestone above the $100K mark. Currently, BTC is consolidating firmly within the $100K–$110K range, with traders closely monitoring for signs of a breakout or breakdown.
A decisive breakout above $110K, coupled with strong follow-through volume, could open the path for a bullish continuation toward the next major resistance zone. Conversely, a breakdown below $100K may invite further selling pressure, testing key support levels near $95K.
Market participants are advised to remain cautious and implement proper risk management strategies in this highly volatile environment. The potential for range-bound trading provides opportunities for scalpers and day traders, while longer-term investors may prefer to wait for confirmation of a clear directional bias.
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