The cryptocurrency market is currently experiencing a mix of positive and negative trends. Here's a breakdown of the current market analysis:

*Key Cryptocurrencies*

- *Bitcoin (BTC)*: Trading at $108,535, with a 1.20% increase in the last 24 hours. BTC's market dominance is 64.37%, and its market capitalization is $2.16 trillion.

- *Ethereum (ETH)*: Priced at $2,502.95, reflecting a 2.55% increase over the past 24 hours. ETH is testing critical resistance levels near $2,500.

- *BNB*: Trading at $650, with a minor 0.18% increase over the past 24 hours ¹ ².

*Market Trends*

- The cryptocurrency market experienced liquidations totaling $172 million in the last 24 hours, with short positions contributing $139 million and long positions $33.07 million.

- Analysts expect a potential rate cut by the US Federal Reserve, which could support risk-on assets like crypto currencies ² ³.