#CryptoMarketCapBackTo$3T
CryptoMarketCapBackTo$3T
Here's a comprehensive analysis of the current market trends:
---
š Market Overview
Total Market Capitalization:
24-Hour Trading Volume:
---
š Bitcoin (BTC)
Current Price: Approximately $93,500, with intraday highs reaching $94,391.
24-Hour Change: +5.5%
7-Day Change: +12.8%
Market Cap: Over $1.8 trillion
Technical Outlook:
Bitcoin has broken above the $90,000ā$91,000 resistance zone, surpassing the 200-day moving average, a key indicator for sustained bullish momentum.
The Relative Strength Index (RSI) is above 50, suggesting continued upward momentum.
Key resistance lies at the psychological $100,000 level, with potential targets up to $107,000 if this level is decisively breached.
Support levels are identified around $85,000, with stronger support near $76,000 in case of a pullback.
---
š£ Ethereum (ETH)
Current Price: Approximately $1,816
24-Hour Change: +10%
Technical Outlook:
Ethereum is trading within a bullish channel, with moving averages indicating a short-term uptrend.