Today's crypto market shows bullish momentum, with the Fear & Greed Index stable at 22, indicating that investors remain in the fear zone, but confidence is slowly improving. Bitcoin dominance has dropped to 61.62% (-0.23%), suggesting that investors are shifting towards altcoins.
The Total Market Cap has increased to $2.69 trillion (+1.33%), while Altcoin Market Cap has risen to $1.03 trillion (+1.70%), reflecting an overall positive market trend.
#Bitcoin (BTC) is trading at $83,482.92, up 0.15%, holding the $83,000 level, which is a bullish sign. The next major resistance is at $84,000 – $84,500, while $82,500 remains key support.
#Ethereum (ETH) has risen to $1,918.34, up 1.27%, showing a solid gain. ETH has held the $1,900 support level, which is a positive indicator for bulls. The next resistance is at $1,930 – $1,950, while $1,900 remains key support.
#Solana (SOL) has dropped to $127.20, down 1.08%. $125 remains a strong support zone. If price declines further, $122 could be tested. For recovery, SOL must break the $130 resistance.
#Binance Coin (BNB) is trading at $629.66, up 4.82%, showing a strong bullish move. BNB has broken the $625 level, indicating bullish strength. The next resistance is at $635 – $640, while $620 remains strong support.
#XRP has risen to $2.34, up 1.99%. $2.30 remains a key support level. The next major resistance is at $2.35 – $2.40, while $2.28 is an important support level.
#Dogecoin (DOGE) is trading at $0.17, up 2.22%. DOGE has held the $0.16 support. If price continues to rise, breaking the $0.18 resistance is crucial for the rally to continue.
The market is showing #bullish momentum, but altcoins are performing mixed. Bitcoin dominance is decreasing, indicating that investors are shifting towards altcoins. BNB and XRP are showing strong bullish movements, suggesting that liquidity is flowing into altcoins.
If Bitcoin breaks the $84,000 resistance, the market could gain stronger bullish momentum. Total market cap is slowly increasing, but BTC and ETH are still consolidating. The next few days will confirm whether the market enters full bullish mode or remains in a range-bound phase
