Today’s crypto market shows strong bullish momentum, with the Fear & Greed Index rising to 31, indicating improvement in investor sentiment. Bitcoin dominance has remained stable at 61.58% (+0.01%), suggesting that BTC’s influence remains stable, while altcoins are showing strong recovery.
The Total Market Cap has decreased to $2.76 trillion (-1.44%), while Altcoin Market Cap has decreased to $1.06 trillion (-1.45%), reflecting profit-taking and market correction, though the main coins are showing strong bullish movements.
Bitcoin (BTC) is trading at $85,510.03, up 3.02%, breaking the $85,000 resistance and now testing the next resistance zone at $86,000 – $87,000. If it holds above $85,000, the bullish momentum could continue.
Ethereum (ETH) has risen to $2,015.02, up 4.03%, breaking the $2,000 psychological resistance and now testing the $2,050 – $2,100 resistance zone. If $2,000 support holds, bullish continuation is likely.
Solana (SOL) has risen to $133.30, up 5.95%, showing strong recovery. SOL has broken the $130 resistance and is now testing $135 – $140. If $130 support holds, more recovery may follow.
Binance Coin (BNB) is trading at $624.07, up 0.72%, showing slight gains. BNB is holding $620 support and trading near $630 resistance. If price sustains above $630, it could move towards $640 – $650.
XRP has risen to $2.45, up 6.66%, breaking the $2.40 resistance and moving towards $2.50. If price remains stable, bullish movement could continue towards $2.60.
Dogecoin (DOGE) is at $0.17, up 3.32%, showing moderate gains. DOGE has held $0.16 support and is now testing $0.18 resistance. If it breaks $0.18, the bullish trend could continue.
The market is showing strong bullish momentum, with Bitcoin and altcoins recovering. Bitcoin dominance remains stable, while altcoins are also gaining momentum, particularly XRP with a 6.66% gain.
If Bitcoin remains above $85,000, the bullish strength in the market could continue. Ethereum, Solana, and XRP are showing strong recovery, indicating that liquidity is flowing into altcoins. The decline in total market cap suggests short-term profit-taking and correction, but the long-term trend remains bullish.
